Bhanu Narendrakumar, Senior Vice President, Platforms, Emirates NBD talks about how the bank has been a pioneer in leveraging blockchain in banking. She talks about the significant progress Emirates NBD has made by transitioning from pilots to production. She also talks about the rationale behind choosing international remittances and trade finance as use cases for blockchain led business re-imagination.

Bhanu talks about the pivotal role Emirates NBD plays by works closely with the government in driving the digital agenda in the Middle East. She also talks about Emirates NBD’s strategic partnership with Infosys Finacle and how it has helped the bank make rapid strides on the digitization front.

Emirates NBD is a leading banking group in the middle east with a significant retail banking franchise in the UAE. It is a key participant in the global digital banking industry, with over 90 per cent of all financial transactions and requests conducted outside of its branches. Emirates NBD leverages Finacle’s Core Banking Solution, Islamic Banking solution, Enterprise Payments Solution, Liquidity Management and the blockchain based Payments Connect.