GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Banking and Investments

 
  Share
  • UAE Exchange opens DigiLab, a permanent innovation showcase at its Global Headquarters in Abu Dhabi, which exhibits the Group's digital assets. 
  • DigiLab inaugurated by Mr. N. Chandrababu Naidu, Honourable Chief Minister of Andhra Pradesh, India.
  • DigiLab displays the veritable journey of the company in innovation and digital empowerment. 
Abu Dhabi, 25 October 2017:  UAE Exchange, the leading money transfer, foreign exchange and payments solutions brand, marked its 37th anniversary yesterday with the opening of DigiLab, a permanent showcase for the Group's innovation and digital assets, at its global headquarters in Abu Dhabi. DigiLab was officially inaugurated by Mr. N. Chandrababu Naidu, the Chief Minister of the southern Indian state of Andhra Pradesh, in the presence of Dr. B. R Shetty, Chairman of UAE Exchange Group, Promoth Manghat, Chief Executive Officer of UAE Exchange Group, and other dignitaries, senior management and employees of the company. 
 
“Digital empowerment and the capability to deploy and leverage disruptive technology is an imperative for businesses to thrive in our times. Dr. B.R. Shetty always exhibited a streak of innovation in all his initiatives. The opening of DigiLab is an inspiring step as it speaks volumes about his vision and the focus of UAE Exchange Group to be a trailblazer in innovation, which will in turn benefit its customers, the community and the industry at large,” said Mr. Chandrababu Naidu, Chief Minister of Andhra Pradesh, India. Mr. Naidu visited the UAE Exchange Global Headquarters as part of his 3-day foreign tour in the United Arab Emirates.
 
The compact DigiLab facility at the UAE Exchange global headquarters, presents to the visitor a ubiquitous collection of devices, applications and displays of the group's portfolio of digital products and channels. 
 
“DigiLab is a milestone permanent exhibition centre for UAE Exchange where past, present and future outlook comes alive in a significant compendium of Group innovation. This innovation showcase reflects the brand's aspirational quest from the days of its inception and its focus on adopting technology for service excellence. While it highlights the innovative spirit of UAE Exchange by displaying its industry-first pathbreaking products and services, it also indicates the direction of our digital and technology progress. We are honoured that our DigiLab permanent innovation showcase was inaugurated by none other than the Honourable Chief Minister Chandrababu Naidu, a visionary leader heading a tech-savvy government in Andhra Pradesh, and well-known for spearheading the state's commitment to encourage innovation,” said Dr. B. R. Shetty, Chairman, UAE Exchange Group. 
 
The devices on exhibition in the DigiLab include various smartphones, tablets and computers, loaded with the proprietary virtual assistant, transactional websites and applications based on Artificial Intelligence, Blockchain and mobile technology, which are key to increase the prospects and enhance experiences of online and mobile-based financial solutions. 
 
The showcase has a “live” UAE Exchange self-serve kiosk for money transfer, bill payments, Smart Pay withdrawal and gocash statements, that is enabled with Emirates ID authentication and a virtual calculator. A video wall and a touchscreen, projecting the story of the evolution of the brand and providing information on its legacy, its range of offerings and its group of companies, round-up the facilities in the DigiLab.
 
“As a customer-centric brand, innovation has kept us one step ahead of the market in bringing out products and services that empower the customers, adding value to the lives of customers and to the communities they engage with. On the digital front, we are now moving to new Fintech pastures that will help us further improve our relevance in this new economy. A techno-savvy visionary statesman like Mr. Chandrababu Naidu consenting to inaugurate DigiLab is an honour for us,” said Mr. Promoth Manghat, CEO, UAE Exchange Group. He added that innovation, with a view to introduce seamless, cutting-edge solutions, is a constant endeavour at UAE Exchange. 



Posted by : GoDubai Editorial Team
Viewed 14689 times
Posted on : Wednesday, October 25, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Awqaf and Minors Affairs Foundation Joins Public, Private Sector Entities in the UAE in Marking ‘Day...
Next Story : Lufthansa Group strengthens financial base with its best-ever nine-month result
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Global brands with lowest cost at Karama Ware house sale from this Thursday
Glam's Makeup Launches in the Middle East
Review: Facial with Dr Renaud's range at Nazih
Glasshouse Collection from Olivia Burton
Hour Choice presents Coach New York Collection
Prevention, Not Cure: Kaya's ‘Hair Strength Therapies' Set to Rid the Gulf of it...
Matthew Fitzpatrick Wins the 2018 Omega European Masters
Executive Tourbillon Free Wheel
Introducing New Make-up From Rodial That You Need In Your Kit
Australia's Number No.1 Natural Skincare Brand* Partners With Jessica Kahawaty
Rado reimagines a bold 1960s classic for the 21st Century
Scuderia Ferrari presents Fall winter collection
Kate Spade New York Presents Debut Collection From Creative Director Nicola Gla...
Introducing VK Beauty Lounge & Bar
Alina Anwar Couture Launches in UAE
Introducing Home Fragrance at Robinsons, Dubai Festival City
Rolls-Royce Motor Cars Takes the Luxury of Privacy to a New Level
British Classics Make a Comeback in Jack Wills AW18 Collections
Tata Communications Strengthens Cyber Defence in the Middle East with the Launch...
Facebook Launches Community Help on Facebook Lite
NARS Erdem SS19 Beauty Report
Bring a Touch of Sophistication to Your Home with The Exclusive SmegXDolce&Gabba...
Dubai Culture Organises ‘Writing Literature Novels and Editing them as Play Scri...
Roberto Cavalli's Exclusive Duo of Fragrances
Defying Age With Skin Republic's Gold and Platinum Face Masks
Diana Arno Expands Online Shopping to Middle East
‘Unseen Potential' - Art from Scrap and Discarded Parts
Ferrari World Abu Dhabi invites guests to enjoy the spectacular Friends & Family...
CNN's Inside the Middle East explores the region's evolving photography scene
New Google Search feature launches for job-seekers in Arab world
Lacoste.12.12 Collection
Honda voted “Preferred Sedan Car Brand of the Year” for the fourth year in a row
The Future Is Here
Trevor Sorbie Range Relaunches in the UAE
Al-Futtaim Toyota's Upgrade campaign brings back the hottest car deals
Al-Futtaim Toyota swoops another win at the Filipino Times Awards
Sheikh Zayed, the First Falconer and Nature Protector
Your skin needs more than just sunscreen
William Collection by Hugo Boss
UHOA goes live with #YouBeUganda at Expo 2018
PAN Emirates bedroom festival with discount up to 70%
Carl F. Bucherer Celebrates Debut of Its Online Boutique on Jd.Com Launch of Lim...
Mousses Etoiles to reveal the latest luxury designs of commercial-use outdoor fu...
Why the Modern-Day Oil and Gas Industry Needs Millennials to Survive?
Afghanistan Premium League T20 (APLT20) Draft 2018
Al-Futtaim ACE DIY and Home Security promotion
GROHE Smart Home: The App-Controlled Water Security System
MEAF gets the UAE community involved to commemorate World Arthritis Day
Tata Communications launches a specialised cyber security lab at Shanmugha Arts,...
Harmony and Sustainability Define Ideal Standard's ‘Esedra' Ceramic Bathroom Col...