Emirates NBD signs innovation deal with L39 member Verrency
4th December 2018
Level39 member and global payments innovation service Verrency has signed a multi-year agreement with UAE’s fastest-growing bank, Liv., part of Emirates NBD.
Marketed as a lifestyle digital bank for milliennials, Emirates NBD will be leveraging Verrency’s cloud-based payments innovation service and V+ fintech partners to deliver services to its customers.
Verrency’s Commercial Director for Asia and Middle East, Aaron Oliver, said: “Verrency will enable Liv. to deliver on its innovation-led proposition by launching multiple global firsts in payments technology and rapidly deploy value-added services to UAE consumers.”
Founded in 2016, Verrency has enabled major financial institutions to rapidly and inexpensively drive innovation via their existing payments technologies and networks.