Cairo Amman Bank and Fuze Collaborate to Drive Digital Banking Transformation in Jordan
The agreement is designed to robustly assess how digital assets could support financial transformation in the Kingdom and better serve banking customers, institutions and enterprises.
Cairo Amman Bank PSC and Fuze, MENA’s regulated digital assets infrastructure provider, have signed a Memorandum of Understanding (MoU) to collaborate on innovating new use cases for digital assets under the Central Bank of Jordan and Jordan Regulatory Sandbox’s (JoRegBox) regulated frameworks.
The organisations will evaluate how digital asset capabilities could be developed responsibly to advance Jordan’s banking ecosystem. The agreement is designed to robustly assess how digital assets could support financial transformation in the Kingdom and better serve banking customers, institutions and enterprises.
As part of the collaboration, the parties will examine how Fuze’s regulated Digital Assets-as-a-Service (DaaS) infrastructure could support Cairo Amman Bank’s services, including new product development, operational processes, compliance and technical enhancement. Any potential implementations would be subject to regulatory approvals.
Fuze’s participation in the Jordan Regulatory Sandbox (JoRegBox) provides a structured environment for collaboration, allowing both parties to evaluate digital asset services in a controlled and regulated setting.
“We constantly look at ways that can improve the customer experience and there are many strong potential opportunities presented by digital assets. The Jordan Regulatory Sandbox established by the Central Bank has enabled us to collaborate with Fuze and explore how we can enhance the digital banking journey for our customers and colleagues.”
– Dr. Kamal Al-Bakri, CEO, Cairo Amman Bank
“Cairo Amman Bank is taking a thoughtful approach to evaluating digital asset services, grounded in regulation and customer trust. Through this MoU, we look forward to supporting the Bank as it assesses how regulated digital asset infrastructure can fit within Jordan’s evolving financial landscape.”
– Mohammed Ali Yusuf (Mo Ali Yusuf), CEO, Fuze
The collaboration contributes to the ongoing development of Jordan’s digital financial ecosystem, supporting innovation while maintaining the integrity and stability of the financial system.
