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Tag: Central Bank of the UAE

Central Bank of the UAE is the country’s monetary authority responsible for regulating the financial system, maintaining currency stability, and managing monetary policy. It oversees banks and financial institutions, ensures financial stability, and supports economic growth through liquidity management, interest rate policy, and regulatory frameworks.

Jaywan, the UAE’s first domestic card scheme, gains Mastercard credit card

UAE's first domestic card scheme

Jaywan, the UAE’s first domestic card scheme, will carry a Mastercard badge on a new credit card under a partnership announced by Al Etihad Payments. AEP owns and operates the country’s national card switch and the Jaywan scheme, and it is a wholly owned unit of the Central Bank of the UAE. Both sides describe […]

Central Bank of UAE develops e-KYC platform

Central Bank of UAE

ABU DHABI, 15th April, 2026 (WAM) — The Central Bank of the UAE (CBUAE) announced the development of the nationwide unified Know Your Customer (eKYC) platform, following the signing of a technical partnership agreement with the global technology company Norbloc AB. This strategic initiative constitutes a core pillar of the Financial Infrastructure Transformation (FIT) Programme, […]