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Commercial Bank of Dubai and Infinios Announce Strategic Partnership

14 October 2021

Dubai, UAE; and Manama, Bahrain. 4th October 2021. Commercial Bank of Dubai (CBD) and Bahrain-based fintech Infinios Financial Services B.S.C.(c) (Infinios) today announced a strategic partnership to support the growing fintech ecosystem in United Arab Emirates. Under the partnership, CBD, one of the leading banks in the UAE, will join hands with Infinios, a licensed and regulated card processor and payment services provider that offers next-generation digital banking and payment technology solutions, to enable fintech and digital commerce businesses and drive the take-up of embedded financial services in the UAE to achieve the financial inclusion objectives of the UAE.

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19 November 2020

Commercial Bank of Dubai recognized with “Most Innovative Card of the Year” Award at Seamless Awards 2020

Dubai, 19 November 2020: Commercial Bank of Dubai, one of the leading banks in the UAE, has received the prestigious “Most Innovative Card of the Year” Award, for the second consecutive year, at the Seamless Middle East Awards ceremony 2020 held recently at the Dubai World Trade Center.

The award was presented to CBD for its CBD One Card, the first credit card in the UAE offering the customer the flexibility to choose the card design, its benefits, the monthly plan and a host of other features which makes it truly the best card in the UAE.

The award was received by Dr. Bernd van Linder, Chief Executive Officer, Amit Malhotra, General Manager – Personal Banking Group, Hiren Raghuvanshi – Head of Cards, Payments & Direct Banking and Khaled Al Hammadi, Head of Sales and Distribution.

Dr. Bernd van Linder, Chief Executive Officer of Commercial Bank of Dubai, said, “Innovation is a major component in CBD’s customer-centric strategy and a key driver for our long term success. We are delighted to win this award for the second year in a row, a testament to the success of our efforts in providing innovative products and solutions to meet the financial aspirations of our clients”.

Amit Malhotra, General Manager – Personal Banking Group at CBD, said, “We are pleased to be   recognized with the “Most Innovative Card of the Year” award by Seamless Awards 2020. The CBD One Card is a product that was conceptualized and designed internally through our staff Innovation Challenge and implemented and launched in record time. The response from customers has been extremely positive and gratifying and will continue to spur us to develop more such innovative products and services in the future.”

CBD One Card is a truly innovative card, which customers can apply for instantly and conveniently through the CBD Mobile App, without needing any paperwork or visiting a branch. It is built on the premise of super-flexibility and customization, offering the customer the flexibility to choose the card design, the monthly benefits and rewards with the ability to pause or switch between plans at anytime, based on customer preference.

The Seamless Awards are the Middle East’s most coveted awards for the payments, ecommerce and retail industries, and recognizes companies and individuals who demonstrate an unparalleled ability to succeed and continually set standards of excellence.

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