CBD and PwC in digital innovation pact

Dubai: Commercial Bank of Dubai (CBD) and PwC Middle East, recently signed an agreement on an innovation programme that will help the bank in its objective to become default digital and in providing an exceptional customer experience by collaborating with Fintech start-ups.

The agreement was signed by Dr Bernd van Linder, Chief Executive Officer of CBD, and Mehryar Ghazali, Partner and Financial Services Practice Leader at PwC Middle East. During the yearlong initiative, CBD will look to solve key business problems, improve efficiency and identify new opportunity areas across all areas of business.

The project team will evaluate start-ups in specific business areas on the basis of ‘demos’ and develop proof of concepts (POCs) for implementation.