UBF, the strategic partner of IDC Conference, says digital shift is consolidating UAE’s Banking industry leadership

UBF, the strategic partner of IDC Conference, says digital shift is consolidating UAE’s Banking industry leadership

Abu Dhabi, United Arab Emirates: UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, has reiterated its commitment to accelerating digital transformation and capitalising on modern technologies to provide easy-to-use banking services in a safe environment. This is in line with the directives of Central Bank of the UAE, which has adopted a comprehensive digital transformation strategy focusing on using the latest and pioneering technologies in data processing and storage and providing a secure and efficient infrastructure. UAE Banks Federation confirmed that its partnership with the International Data Corporation (IDC) Conference for banking services, recently held at the Dubai International Financial Center, came as a part of its keenness to support constructive discussions and dialogues in advancing digital banking services and consolidating UAE’s leadership in this area, in light of growing adoption of digital solution. Several senior executives, experts and specialists in information technology from the UAE and abroad participated in the IDC Conference, which discussed the benefits of advancing technologies in providing effective banking solutions and the transformations witnessed by the banking industry due to innovative technology adoption. Participants at the conference discussed the importance of embracing the digital revolution in the financial sector, rethinking