Regulation & Policy
Share
National Bank of Fujairah (NBF ) has partnered with Fintech Galaxy, a fintech digital crowdsourcing platform. Recently the bank participated in the MENA Fintech hackathon organised by Fintech Galaxy, which brought together the region's leading banks, regulators, industry experts and top Fintechs to assess and devise ready-made solutions to the ever-evolving Fintech industry. The event featured a competitive hackathon which tasked 25 shortlisted Fintechs from around the world to develop and showcase disruptive solutions to briefs brought forth by some of the participating banks. Fintechs which participated NBF's challenge presented solutions for account aggregation and instant settlement and digitisation for the Murabaha process.
Devid Jegerson, NBF's head of Customer Experience and Platform, said: "We are thrilled to be joining forces with Fintech Galaxy and in extending our financial and expert-led support. NBF is the first bank to connect to Fintech Galaxy's sandbox environment which enables Fintechs to design innovative products for its clients. This Fintech hackathon has brought together some of the sharpest minds in the industry who have showcased their innovative and solutions-oriented approach to banking today. At NBF, we will continue to seize forward-thinking partnerships and opportunities that support our aim to ensure our banking platforms respond to our customers' evolving personal and business needs."
The participating Fintechs presented their ready-made solutions to key domains in the industry such as customer experience, credit ratings, payments, digital lending, smart contracts and trade finance to a judging panel of high-level executives from each of the financial institutions along with regulators and industry experts. Upon assessment NBF awarded the winners of the Hackathon of the NBF challenge.
Disclaimer of Warranty
The information provided in this article is for general informational purposes only. We make no warranties about the completeness, reliability, and accuracy of this information. Read full disclaimer




Editor's Picks

UAE Stablecoins: Why They Are Built to Travel, Not Stay Local
Walid Abou Zaki
Feb 28, 2026
8 min

The Central Bank of the UAE Clearing the Noise Around Article 62
Walid Abou Zaki
Feb 25, 2026
5 min

Europe’s Crypto Purge: Did Lithuania Just Kick Out Innovation — and is the UAE the Beneficiary?
Salma Naueihed
Feb 18, 2026
7 min
Read More Articles
In the Same Space

Bank of England Signals Flexibility on Stablecoin Limits
News Desk
Mar 16, 2026
3 min

Binance Wins Second U.S. Court Victory in ATA Lawsuit
News Desk
Mar 16, 2026
3 min

Kazakhstan Pushes Forward Crypto Industry Growth with Presidential Directive
Chantal Assi
Mar 13, 2026
3 min

Senate Leader Signals Clarity Act May Be Delayed Until April
Chantal Assi
Mar 13, 2026
3 min