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Zand Bank Partners with Alibaba Cloud and Ant Digital to Boost AI and Fintech Services in UAE

  • Dubai’s digital challenger Zand Bank has partnered with Alibaba Cloud and Ant Digital Technologies to advance generative AI, blockchain, and payment technologies for corporate, institutional, and wealth clients in the UAE.
  • This collaboration leverages Alibaba Cloud’s industrial solutions, including digital onboarding and enterprise security, along with Ant Digital’s mPaaS platform and ZOLOZ biometric authentication.
  • With a focus on e-wallet and real-world asset tokenization, Zand aims to deliver innovative fintech solutions.
  • This partnership follows Zand’s recent moves to adopt blockchain and digital banking solutions, furthering its role as a pioneer in UAE’s fintech sector.

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