NBF will leverage Lune’s solution to offer personalised solutions in the UAE. Credit: David Rodrigo on Unsplash.

UAE-based National Bank of Fujairad (NBF)  has formed a partnership with Lune Technologies, a financial data analytics services provider.

The collaboration will see the Emirati technology vendor deploy its Lune Insights solution to enable NBF to offer bespoke financial services to its customers in the UAE.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Lune Insights leverages machine learning to convert raw customer payment and transaction data into usable insights.

Through the solution, financial institutions can analyse consumer spending patterns and priorities.

For customers, the tool enables them to better understand their spending habits and raise their level of financial literacy.

National Bank of Fujairah CEO Vince Cook said: “We are delighted to partner with Lune Technologies to help provide our customers both deeper, actionable insights into their spending patterns, as well as more personalised financial advice to them.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“This latest partnership aligns perfectly with our strategy of introducing cutting-edge digital solutions in areas where they can really add value and enhance the customer experience”

Lune co-founder Helal Tariq Lootah said: “Our joint aim is to democratise financial data by providing end-users with the insights they need to make better spending decisions in the UAE.”

Last week, NBF added CVVKey, an online fraud prevention solution, to its credit and debit card offerings.

CVVKey replaces the card’s 3-digit CVV code with a dynamic CVV, which keeps changing during the day and can be accessed via the CVVKey app.

In February 2022, NBF launched a new solution for startups and small and medium-sized businesses (SMEs) operating in the country.