Strategic Partnership Between CBD and UAE’s Lune to Enhance Transaction Data Enrichment
Commercial Bank of Dubai (CBD) has announced a strategic partnership with Lune, a UAE-based fintech company, to enhance transaction data enrichment and deliver a superior digital banking experience.
This collaboration reflects CBD’s ongoing commitment to digital excellence. Through Lune’s advanced enrichment services, customers will benefit from:
- Enhanced clarity in transaction details
- Accurate merchant identification with brand logos
- Improved categorisation across local and global transactions
Dr. Bernd van Linder, CEO of CBD, commented:
“Lune has strong regional coverage, robust data localisation practices, and a proven track record in the UAE. This initiative aligns with our digital transformation agenda and reinforces our commitment to innovation in the local fintech ecosystem.”
Helal Tariq Lootah, Co-Founder and Co-CEO of Lune, added:
“We are proud to partner with CBD. As a homegrown data company, we look forward to working with a leading UAE bank to deliver enhanced, data-driven customer experiences.”
The enhanced digital experience is expected to roll out to customers in the coming months.
