Dubai Finance to Showcase AI-Driven Payment Innovations at FinTech Summit

Dubai:Dubai Finance (DOF) is set to participate in the Dubai FinTech Summit 2026, focusing on initiatives that advance public finance and digital payment systems. This event, themed "Artificial Intelligence for Financial Innovation," will be held on November 2-3 at Madinat Jumeirah.

According to Emirates News Agency, DOF's showcase will include the DP3 platform for managing public-private partnership projects and AIltizam, an AI platform designed to support compliance with financial legislation. AIltizam identifies compliance gaps, analyzes risks, and provides recommendations to enhance financial governance. Alongside Network International and Neopay, DOF will present demonstrations of AI and emerging payment technologies in government services and everyday transactions.

Abdulrahman Saleh Al Saleh, Director-General of DOF, emphasized the role of technology in building a sustainable financial ecosystem and strengthening public-private collaboration. Ahmad Ali Meftah, Executive Director of the Central Accounts Sector, highlighted the need for connected payment systems to support a cashless economy.

Huda Hamdan Al Shaikh, Executive Director of the Corporate Services Sector and Chief AI Officer at DOF, discussed the focus on AI applications that deliver value for public finance and improve financial processes. The summit will showcase AI-assisted purchasing, digital business solutions, and the use of digital assets for payments.

Network International will demonstrate agentic commerce and its Network Max and Slice payment solutions. The participation will also feature the integration of domestic and global payment methods, including cryptocurrencies and a UAE dirham-backed stablecoin.

DOF will advance the Dubai Cashless Strategy through strategic MoUs signed at the summit, collaborating with American Express, VARA, and Neopay to enhance digital payment acceptance and promote cashless initiatives.

Amna Mohammed Lootah, Director of the Digital Payment Systems Regulatory Division, stated that the demonstrations aim to simplify transactions and improve user experience by integrating emerging technologies into payment processes. Through its participation, DOF seeks to strengthen engagement with financial institutions, technology providers, and government entities.

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