Stay updated with breaking news from Adgm abu dhabi. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
ADGM's VENOM FOUNDATION and DGC sign a Cybersecurity Cooperation Agreement quicknews-africa.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from quicknews-africa.net Daily Mail and Mail on Sunday newspapers.
Abu Dhabi Strengthens Position As A Fintech, Financial Hub With Stellar Growth In 2023 crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.
MoU aims to foster cross-border collaboration in protecting individuals’ data and rights Abu Dhabi Global Market (ADGM). The Office of Data Protection (ODP) of Abu Dhabi Global Market (ADGM), and the Jersey Data Protection Authority (JDPA) have entered into a Memorandum of Understanding (MoU) with the aim of facilitating cooperation between both jurisdictions in the area of data protection and privacy. Image Credit: ADGM Abu Dhabi: The Office of Data Protection (ODP) of Abu Dhabi Global Market (ADGM), and the Jersey Data Protection Authority (JDPA) have entered into a Memorandum of Understanding (MoU) with the aim of facilitating cooperation between both jurisdictions in the area of data protection and privacy. ....
This initiative follows a period of public consultation, where the proposed Regulations received positive public feedback. ADGM conducted an international benchmark of international standards and best practices and believes the European Union’s General Data Protection Regulation (which took effect in May 2018) is the leading international standard and best practice for robust Data Protection legislation. The new Regulations are adapted to the needs of ADGM and are intended to be proportionate and business friendly, without undermining the key ambition of achieving a high standard of protection for personal data. An important feature of the new framework is the establishment of an independent Office of Data Protection, headed by a Commissioner of Data Protection. The Board of the ADGM has appointed Sami Mohammed as the ADGM Commissioner of Data Protection. Mohammed has over 18 years’ experience in both the public and private sectors in the UAE including in financi ....
Dubai: As online services witness an uptake amongst UAE customers, banking is fast becoming digital, according to BCG [Boston Consulting Group] According to a recent BCG report, the use of digital banking channels has increased significantly across the UAE during the pandemic, with 42 per cent more customers using online banking and 65 per cent more using their respective banks’ mobile app more often. Consumer expectations This year, consumer expectations have shifted to include simpler interfaces and journeys, digital-first experiences, data-driven personalized offerings, and frictionless, on-demand access to information and services. “COVID-19 and subsequent events that took place have increased consumers’ already ravenous appetite for digital financial services. Like many other nations across the region and wider world, this applies to the UAE as well,” said Harold Haddad, Managing Director and Partner, BCG Middle East. ....