Arab Bank Fintech Accelerator Signs MOU with Fuze to Explore Digital Asset Innovation in Jordan

Business

Arab Bank Fintech Accelerator Signs MOU with Fuze to Explore Digital Asset Innovation in Jordan

Arab Bank’s fintech accelerator AB Xelerate has signed a Memorandum of Understanding (MOU) with Fuze to explore opportunities in digital asset products and services within the Jordan.

The agreement, announced on 16 March 2026 in Amman and Abu Dhabi, aims to support financial innovation and strengthen the country’s digital financial infrastructure as part of Jordan’s broader economic modernization strategy.

Driving Financial Innovation

Through the collaboration, AB Xelerate and Fuze will evaluate potential digital asset use cases by leveraging Fuze’s Digital Assets-as-a-Service (DaaS) infrastructure alongside Arab Bank’s banking expertise and regional presence.

The partnership aims to enable secure, compliant, and user-friendly digital asset services that could be integrated into Arab Bank’s existing digital channels, subject to regulatory approvals. The initiative also seeks to contribute to Jordan’s efforts to build future-ready financial services capable of enhancing economic competitiveness and growth.

Leadership Perspectives

Eric Modave, Deputy CEO and Chief Operating Officer at Arab Bank, said the collaboration reflects the bank’s commitment to exploring emerging financial technologies.

“Digital assets are an emerging area in the financial services industry, and collaborating with Fuze, a regional expert in regulated digital assets infrastructure, aligns with our commitment to deliver compliant and secure, value-driven solutions for Arab Bank customers,” he said.

Mohammed Ali Yusuf, CEO of Fuze, highlighted the importance of building innovation within regulated environments.

“We are honoured to collaborate with AB Xelerate on future-facing digital asset use cases, supported by Jordan’s regulated sandbox environment. Responsible financial services innovation must be built on secure, compliant infrastructure,” Yusuf said.

Regulatory Framework and Sandbox Participation

The initiative will operate within established regulatory frameworks, including participation in the Jordan Regulatory Sandbox (JoRegBox) and oversight from relevant authorities in Jordan.

Under the agreement, both organizations will assess digital asset strategies, product design, operational models, risk management frameworks, and technical integration to support the potential rollout of new financial services.

Strengthening the Regional Digital Assets Ecosystem

The collaboration reflects growing institutional interest in digital asset innovation across the region, particularly within regulated financial environments. By combining banking expertise with digital asset infrastructure, both parties aim to support responsible innovation while maintaining strong consumer protection and risk management standards.

The initiative also aligns with AB Xelerate’s broader mission to expand Arab Bank’s digital financial services portfolio and explore emerging technologies that could reshape the financial landscape in the Middle East.