PwC at Dubai Fintech Summit 2023

PwC hosted two of the 15 DFS Dialogues which were exclusive closed roundtable discussions around the key themes of the Summit.

Payments 2035: How payments in the region will evolve over the next decade roundtable: This was hosted by PwC’s Financial Services Consulting Partner and Payments Leader, Ian Hooper, with participants consisting of key clients along with leading global payment fintechs. The discussion revolved around who and what will drive payments in the Middle East, the role of the regulators, what are the current and future disruptors, and what will payments look like in the future?

Read the full outcome report here 

Data Privacy and AI in the Future of Finance roundtable: This was moderated by PwC’s Data Privacy Leader, Phil Mennie, with participation from regulators and subject matter experts from the private sector. The participants explored and discussed how privacy regulations impact the development and use of AI within financial services, the recent DIFC Consultation on AI obligations, data privacy in the context of Virtual Asset Regulation and more.

Read the full outcome report here

Emirates NBD announced the launch of their newly established Digital Asset Lab, and we signed a MoU with them as one of the founding council members. This marks a new milestone in our innovation journey, and together, we look forward to shaping the digital asset space in the region.

PwC and DIFC Innovation Hub came together to announce the launch of a first of its kind partnership between an advisory firm and a financial centre and sign the Letter of Intent. The partnership will support the Fintech community and accelerate the commercial maturity of the DIFC Innovation Hub with its 680+ fintech and innovation companies.

The partnership will establish a weekly in-person ‘clinic’ run by PwC subject matter experts for the Hub for Innovation community members. The partnership kicked off with a #PwCattheHub takeover hosted at the DIFC Hive on 13 June with a full day of workshops and support.

Across the year the  DIFC community will get the opportunity to interact with PwC’s experts across the breadth of the firm's services from assurance,data privacy, consulting, payroll, legal, tax deals and more.