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Abu Dhabi’s Reem Finance gets digital bank license

Abu Dhabi’s Reem Finance, a part of Judan Financial Holding, has converted into a digital bank after securing community banking license from the UAE Central Bank. Reem Bank (RB) will enable fintechs and digital wallets through regulated embedded finance and Banking-as-a-Service (BaaS) infrastructure, a statement said oon Monday. Earlier this…

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