Our Partners

Our Partners Around The World

MEMORANDUM OF UNDERSTANDING BETWEEN

Union of Arab Banks AND Early Birds Marketplace Pty Ltd

EarlyBirds Marketplace will support the UAB digital transformation agenda by:

  • Enabling interaction across a global innovation ecosystem connecting Tech Innovators with UAB members;
  • Fostering a culture of collaboration and crowdsourcing across UAB members and globally; and
  • Building global partnerships with Innovators to benefit UAB members.

MEMORANDUM OF UNDERSTANDING BETWEEN

Union of Arab Banks AND LexisNexis

LexixNexis will support the UAB digital transformation agenda by:

  • Providing UAB members preferential pricing on LexisNexis and Nexis Solutions digital products
  • Creation of dedicated tools for UAB
  • Creation of the UAB Digital Academy of Law and Compliance
  • Providing of Legal and Compliance content for UAB Newsletter (component)
  • Giving visibility to UAB in our Journals and databases

MEMORANDUM OF UNDERSTANDING BETWEEN

Union of Arab Banks AND RegPac Revolution

The Parties agree that such collaboration shall focus on the following main streams:

  • Assess the level of needs for transformation;
  • Education in the forms of overall awareness creation and workshops;
  • Advice and assist in the development of regulatory sandboxes and marketplaces;
  • Match making activities with respective UAB members and solution providers;
  • Advice and assist in execution of acceleration programmes for UAB members.

MEMORANDUM OF UNDERSTANDING BETWEEN

Union of Arab Banks AND Hackers Founders (NP Hard, Inc)

The Parties agree that such collaboration shall focus on the following main streams:

  • Jointly designing and executing bespoke innovation programs for banks
  • Pitching events to UAB member banks
  • Co-funding acceleration programs
  • Sourcing investors for HACK Fund.

MEMORANDUM OF UNDERSTANDING BETWEEN

Union of Arab Banks AND Startupbootcamp (NP Hard, Inc)

The Parties agree that such collaboration shall focus on the following main streams:

  • Support the Development of Fintech ecosystem in the Arab World
  • Partner on events that support this mission
  • Facilitate cooperation between fintech startups and financial institutions

MEMORANDUM OF UNDERSTANDING BETWEEN

Union of Arab Banks AND Capsifi

The Parties agree that such collaboration shall focus on the following main streams:

  • Digital Strategic Prioritisation and Decision Support
  • Enterprise Architecture Development
  • Digital Transformation and Modernisation
  • Strategic Digital / ICT Portfolio Management

MEMORANDUM OF UNDERSTANDING BETWEEN

Union of Arab Banks AND Digitopia

The Parties agree that such collaboration shall focus on the following main streams:

  • Digital Maturity assessments
  • Digital Maturity benchmarks
  • Specialized Analytics Maturity assessments
  • Specialized Operations Maturity assessments
  • Joint Maturity studies and associated Industry Reports for UAB Members
  • Management Summary reporting
  • Roadmap development
  • Subscription based follow-up services
  • Participation in UAB Member events

MEMORANDUM OF UNDERSTANDING BETWEEN

Union of Arab Banks AND Codebase Technologies FZE

The goal of this MOU is for Parties to join forces, develop combined value propositions and, where needed, intellectual property, and promote those in the form of digital transformation offerings extended through UAB to its members leveraging economy of scale and reusable assets to achieve price competitiveness.

The Parties agree that such collaboration shall focus on the following main streams:

  • Offer state-of-the-art Digital Banking solutions on Software as a Service Model generating economies of scale benefit for the participant members of the Union.
  • Offer Enterprise Digital Banking solutions to the participant members
  • Assist UAB Digital to launch Innovative Fintech Digital Lab propositions

The Parties agree to disclose this collaboration on their websites and other marketing material to the extent permissible by the confidentiality clause of this MOU.

MEMORANDUM OF UNDERSTANDING BETWEEN

Union of Arab Banks AND S2E Transformation Inc.

The Parties agree that such collaboration shall focus on the following main streams:

  • Business architecture consulting and training
  • Strategy execution consulting and training
  • Business transformation management office governance
  • Coaching of startups and SMEs on scalable business models and sustainable business architecture with focus on organizational capabilities and value streams
  • Advising on business architecture for UAB.digital with focus on organizational capabilities and value streams
  • Advising on Ecosystem Architecture to achieve a fully orchestrated banking innovation ecosystem.

MEMORANDUM OF UNDERSTANDING BETWEEN

Union of Arab Banks AND InvestSuite NV

The Parties agree that such collaboration shall focus on the following main streams:

  • InvestSuite’s products:
    1. Robo Advisor – a low-cost, customizable digital wealth management tool that converts dormant savings into profitable investment assets
    2. Self Investor – a next-generation white-label execution-only platform for easy investing
    3. StoryTeller – a worldwide first new way of “telling the story” of retail clients’ portfolio performance
    4. Portfolio Optimizer – the next-generation quant tools that provide cost-effective solutions for more efficient portfolio management
  • The Parties agree to disclose this collaboration on their websites and other marketing material to the extent permissible by the confidentiality clause of this MOU.

MEMORANDUM OF UNDERSTANDING BETWEEN

Union of Arab Banks AND Industria Technology UK Limited

The Parties agree that such collaboration shall focus on the following main streams and creation of an ecosystem for:

Exploring, designing, and building a model of cross-currency, cross-border interbank payments, and settlements in the Arab countries using private permissioned network based on the Distributed Ledger Technology Corda.

    1. We will explore, design and develop a system that will use the Distributed Ledger Technology Infrastructure based on Corda Enterprise that will allow digital signing of documents and the use of certificates and complex mathematical algorithms to provide authenticity of the data, documents and protect them against forgery. All of the data, signed documents, workflows, etc. will be based not on a public blockchain but utilising the same private permissioned network between the Arab banks.
    2. Supporting, advising, and mentoring innovating start-ups that are planning to venture in solutions to serve the pan-Arab banking ecosystem. We will be help them to validate the business model and get to market faster by:
      1. Co-organising community events and workshops together with the Union of Arab Banks;
      2. Provide mentorship on business and technical level;
      3. Establish partnerships with incubators and accelerator programs in the Arab world and outside;
      4. Co-organise start-up challenges and other competitions;

MEMORANDUM OF UNDERSTANDING BETWEEN

Union of Arab Banks AND Strategy& Part of the PwC network

The Parties agree that such joint offerings shall focus on the theme “Digitizing deeply: Re-imagining the workplace through digital collaboration” elaborated hereunder:

  • Challenge: Day-to-day work in banking (especially in the GCC) is still centered largely around sharing a physical space. From credit committees, to board meetings traditional banks are deeply rooted in their head-office, which remain the nerve-center of the organization. Covid-19 crisis emphasized the need to evolve from head-office to a digital cockpit model where bank employees are empowered with the tools, skills and processes to collaborate efficiently outside the office.
  • Solution; Digitizing deeply: The next wave of digital transformation in banking should be employee centric. This involve radical changes at all levels of the organizations including culture, governance, employee upskilling, and technology, for banks to be ready to operate under “professional distancing”.