India's YES BANK hopes to offer fintech firms a "borderless ecosystem for technology and talent" in partnership with Abu Dhabi Global Market (ADGM). The bank is looking at ways of using blockchain technology, which has the potential to transform financial services by allowing transactions between banks without going through traditional clearing houses.
India's YES BANK hopes to offer fintech firms a "borderless ecosystem for technology and talent" in partnership with Abu Dhabi Global Market (ADGM). The organisations signed a memorandum of understanding to let fintech innovators in the Middle East and India venture into each others markets, as part of the bank's Yes FinTech programmes and ADGM's Regulatory Laboratory (RegLab).