Abu Dhabi Islamic Bank (ADIB), the UAE-based financial institution, has launched a new personal finance management tool in partnership with Emirati fintech Lune.
Through the new Money Management Tracker, ADIB aims to offer its customers greater control and insight over their financial activities. Designed in line with the bank’s 2035 vision, the tool provides customers with a simple, comprehensive, and user-friendly way to monitor and manage their finances. It enables users to track their income and expenses more easily, while ensuring they can identify how their money is spent.
This tool categorises expenses into various areas, such as groceries, transportation, and entertainment, ultimately aiming to help users better understand their spending habits.
The Money Management Tracker, available on the ADIB mobile app, also offers interactive visualisations of cash flow, providing users with clear and actionable insights into their financial situation. This feature looks to empower customers to make more informed financial decisions, giving them the confidence to plan for both short-term expenses and long-term goals.
Fernando Plaza, chief digital officer at ADIB, said: “DIB Money Management Tracker is a prime example of our customer-centric approach, integrating innovation and technology to meet the evolving needs of our customers. With this tracker, we are enabling individuals to gain control of their financial lives in a simple and meaningful way.
“Our collaboration with Lune, a homegrown fintech, has helped us deliver a solution that addresses the needs of today’s digital-savvy customers, and we are proud to be the first bank in the region to offer such a powerful tool.”
This collaboration with Lune under the ADIB Ventures initiative highlights ADIB’s dedication to enhancing the customer experience through fintech innovation. As financial services continue to evolve, ADIB says it remains focused on offering personalised and accessible banking solutions that meet the growing needs of its customers.
