“Smart Saving” wins the Commercial Bank of Dubai Innovation Challenge

The Innovation Challenge was conducted in cooperation with Fintech Hive.

From the source

Yesterday, Commercial Bank of Dubai reported that it had finally concluded the third innovation challenge, which was carried out in cooperation with the Fintech Hive of the Dubai International Financial Center, noting that 90 teams from various departments and branches of the bank participated in the challenge.

In a statement, the bank stated that the innovation challenge called on the bank's employees to develop products, services and initiatives that will help the bank's customers achieve their financial ambitions.

The bank stated that the top 10 teams were selected and engaged with emerging financial technology companies, who worked over six weeks to develop prototypes of ideas and submit them to a committee that includes the bank's executive management.

He added that the smart savings proposal ranked first, pointing out that the winning team will start working on refining the idea and turning it into a tangible reality soon.

Fintech Hive is the only platform in the Middle East, Africa and South Asia region for FinTech-based startups.

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