Etihad Credit Insurance joins the KYC Blockchain Platform
Dubai, UAE, 3 February 2025: Etihad Credit Insurance (ECI), the UAE Federal export credit company, joined the KYC Blockchain Platform, marking a first for the insurance sector. Led by the Dubai Department of Economy and Tourism (DET), the initiative aims
Al Masraf connects to the norbloc Fides eKYC Platform
· Al Masraf has announced the launch of a project to connect it to a nationwide eKYC network · Customers will benefit from faster onboarding and automated KYC renewals · The network is powered by Fides, an eKYC solution developed by Swedish fintech company, norbloc, an
Fides for External Data Sharing
Fides is a KYC data sharing ecosystem built with innovative and secure distributed ledger and blockchain technologies to improve KYC data quality and streamline data verification. Download the brochure to discover more: To find out directly how we can help with
ADIB becomes first Islamic Bank to Go Live on the UAE KYC Blockchain Platform
Dubai, UAE, 16 April 2023: Abu Dhabi Islamic Bank (ADIB) has become the first Islamic bank to go live on the UAE KYC (Know Your Customer) Blockchain Platform, a national ecosystem for the exchange of verified KYC data between licensing
HSBC joins Dubai Economy’s UAE KYC Blockchain Platform
Dubai: Dubai Economy and HSBC have strengthened the UAE KYC (Know Your Customer) Blockchain Consortium with HSBC becoming the fourth founding member to go live on the platform. The UAE KYC Blockchain Platform is a national ecosystem for the exchange of
norbloc: Distributing KYC knowledge on the blockchain
“Remote onboarding and data sharing is high on the agenda of governments and financial regulators around the world, particularly as it facilitates business continuation activities in an environment where physical interaction is less desirable due to the pandemic,” Kanakakis said.
The future of KYC is…
CEO Astyanax Kanakakis writes for Money Laundering Bulletin on how blockchain KYC solutions solve the problem of KYC. We have reached saturation point with current anti-money laundering and counter financing of terrorism (AML/CFT) processes, says Astyanax Kanakakis of norbloc. Banks are overwhelmed with
Explore a new paradigm for KYC on a blockchain platform
Astyanax Kanakakis, CEO and co-Founder, norbloc, is interviewed by Robin Amlot, Managing Editor at IBS Intelligence, on how the company's blockchain KYC platform enables individuals, organizations and regulators to effectively manage and securely share verified Know Your Customer data. The world’s
UAE Dubai Economy and DIFC unify their Blockchain enabled KYC Consortiums
According to the recent announcement the unified UAE KYC Blockchain consortium will facilitate faster, more secure and streamlined customer onboarding and allow sharing of verified e-KYC data between licensing authorities and financial institutions through advanced distributed technologies.
Commercial Bank of Dubai goes Live on KYC Blockchain Platform
s the UAE KYC Blockchain ecosystem continues to grow, these benefits will become more pronounced and increasingly expected by customers. The FIDES platform removes data silos that currently exist within and across institutions and in doing so brings in cost
