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
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
The first two years of a distributed KYC Utility
Know-Your-Customer (KYC) in Finance is as popular as Mortgage-Backed Securities were in 2009. It causes enormous pains to customers, financial institutions, and regulators alike. It is almost impressive how an operation theoretically so simple can be so universally disliked. At
Dubai Economy and HSBC strengthen UAE KYC Blockchain Platform
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. This is yet another major milestone following the recent agreement between Dubai Economy and