The UAE Central Bank and Presight Collaboration have been made to launch a joint venture focused on delivering AI-powered support for the most important financial infrastructure in the country. Notably, Presight is the leading Abu Dhabi-based AI company.
This collaboration will introduce many helpful features, like the Jaywan domestic card and Aani instant payment platform. Moreover, it is set to play a central role in reshaping the future of digital transactions in the United Arab Emirates (UAE).
What the New Venture developed by the UAE Central Bank and Presight Collaboration Covers
This new partnership between the UAE Central Bank and Presight is going to help develop and manage the key parts of the financial systems in the country. It will include the following things:
- The Jaywan debit card is a local card for everyday use
- The Aani platform for instant money transfers
- The digital currency system in the UAE
- A National Card Switch to connect banks and cards
- The RTGS system for large bank-to-bank payments
- Nebras is the platform for open and secure banking services
These systems will together aim to make money transfers faster, safer, and more reliably for people and businesses across the country. Moreover, these platforms are part of the broader strategy of the UAE to boost financial independence, real-time financial access, and data security.
Why AI Matters in This Partnership
Artificial Intelligence (AI) is going to be at the base of this initiative. In addition, the use of AI within these financial services will give you the following perks:
- Faster transaction processing
- Real-time fraud detection
- Smarter infrastructure management
- Seamless customer experience
This change shows the commitment of the UAE to integrate AI across sectors, like banking and the payment industry, now becoming a centre stage for this technology.
Jaywan Cards: The New Face of Domestic Transactions
It is one of the major highlights of the new venture, which is a locally issued debit card. In addition, this card provides you with a homegrown alternative to global cards like Visa or Mastercard.
Moreover, Jaywan card provides you with better data privacy, cost efficiency, and national control. Here is the list of the unique features of this card:
- It is linked to Mbank Wallet, the UAE’s first national digital wallet.
- Mbank Wallet uses blockchain technology for better security.
- It is enhanced with QR technology for easy payments.
- Jaywan is fully connected to the local payment system in the UAE.
The cards are being rolled out nationwide and are expected to come with special launch offers and exclusive deals for users.
Digital Currency and RTGS: A New Era in Central Banking
The venture also supports the Central Bank Digital Currency (CBDC) in the UAE. Moreover, it aims to digitize the dirhams and develop secure, regulated digital money for domestic and international use.
Moreover, the UAE Central Bank and Presight collaboration will assist in improving the Real-Time Gross Settlement (RTGS) system to ensure high-value interbank transfers occur instantly with maximum security.
Stock Market Reaction: Presight Surges Over 75% in 2025
After this partnership, the stock of Presight on the Abu Dhabi Security Exchange (ADX) has seen a dramatic increase. Currently, it is priced at Dh3.66 with a 75% increase year-to-date that makes it one of the standout tech stocks in the UAE. This rise shows the confidence of investors in the ability of the company to deliver impactful AI solutions at national institutes.
Expert Opinion: A Strategic National Milestone
According to the official statement, “This strategic collaboration is a significant achievement in the journey of the UAE to empower resilience and use artificial intelligence across every sector of the financial ecosystem.” This matches the nation’s vision to lead in AI, Digital economy, and resilient infrastructure.
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