The digital ministers of the Group of Seven (G7) countries have decided that "risk-based" regulation on artificial intelligence (AI) should be adopted.
Dubai [UAE], March 7 (ANI/PRNewswire): Al Etihad Credit Bureau (AECB), a company that provides information and analytics to support credit decisions, has announced a strategic collaboration with Nova Credit, the world's leading consumer-permissioned credit bureau, to enable newcomers to leverage their home country credit history when applying for financial services upon arrival to the UAE. Staking its position as a leader in cross-border credit, the collaboration facilitates real-time, large-scale application approvals by enabling AECB subscribers, namely UAE-based local and international financial institutions and lenders, access to translated credit history of new UAE expatriates, upon their approval as part of credit applications. The initiative reiterates AECB's commitment to enhancing the UAE financial ecosystem as the first institution in the GCC with the capability to provide real-time access to standardized foreign credit data from multiple bureaus around the world. Mar
New Delhi [India], April 15 (ANI/PNN): Exim Credit Bank, a UAE-based financial institution, is leading the charge in revolutionizing trade finance for small and medium-sized enterprises (SMEs), importers, and exporters across the world. Joseph R Waryoba, the Senior Portfolio Manager at Exim Credit Bank, is passionate about the bank's mission to provide simple and powerful solutions to overcome the complexities of global trade. The bank's primary objective is to bridge the trade finance gap and offer innovative solutions to customers facing cash flow shortages, compliance issues, and security problems. In collaboration with major financial institutions and investors, Exim Credit Bank aims to provide fresh solutions to the challenges SME customers face. Exim Credit Bank has partnered with governmental and public entities, along with a diverse private sector of Trading, Contracting, Real Estate, Energy-related pursuits, Transportation services, and other Manufacturing activities.