Dubai Islamic Bank (DIB) partners with HCLTech to integrate AI into its banking services, focusing on responsible and scalable AI application to enhance operational capabilities. HCLTech will provide AI advisory services and expertise to refine customer interactions, decision-making, and strengthen risk management and regulatory compliance frameworks.

DIB aims to leverage HCLTech’s AI portfolio to innovate, improve operational agility, and deliver enhanced customer experiences. The bank, with assets exceeding $100bn and over five million customers, is committed to the ethical evolution of finance through responsibly applied advanced technologies.

The collaboration reflects DIB’s vision for an AI-driven future that adds value for customers, empowers employees, and enhances governance frameworks. DIB’s commitment to combining intelligence with integrity aims to transform banking into a transparent, inclusive, and future-ready ecosystem.

In 2023, DIB selected HPE GreenLake to enhance customer experience and modernize its core banking platform. The partnership with HCLTech underscores DIB’s dedication to leading the evolution of ethical finance using AI responsibly for a more inclusive and transparent banking ecosystem.

Read more at Yahoo Finance: Dubai Islamic Bank forges alliance HCLTech to integrate AI