Qorus Banking Innovation Awards 2023

CBD's Innovation in Instant Payments

Submitted by

Commercial Bank of Dubai

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12/09/2023 Banking Innovation

About

Commercial Bank of Dubai (CBD), a leading financial institution in the UAE, has propelled itself to the forefront of innovation with its groundbreaking "Instant Payment Platforms." With a customer base exceeding 1.5 million and a remarkable 10% growth over the past year, CBD's rapid success can be attributed to its state-of-the-art payment technology. These instant payment platforms have not only streamlined domestic and international payments across 20+ corridors but have also set new standards for speed, efficiency, and customer convenience.

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