Digital Dream Technology (DDT) today announced that it has signed an internal agreement with MTB Bank Ukraine.
The agreement paves way for both institutions to co-operate in the areas of artificial technology development and on the potential of expanding strategically in the European market and across the globe. By implementing the agreement and with the aim to achieve common interest of both parties, MTB Bank has invested USD 10 million into DDT PAMM system which is for the purpose of elevating the development and application of artificial intelligence.
MTB BANK is a Ukrainian universal medium-sized bank with more than 25 years of a rewarding experience on the financial market of Ukraine. As of today, the Bank is picking up the pace looking to find new prospects of business development, partnership relations establishment and extension, provision of quality services to customers through the introduction of new technologies and innovative solutions.
Mr Boiko, Executive Director of DDT, said:
“The partnership with MTB Bank is important for DDT as we continue to develop our artificial intelligence financial products. Our products will not only gain popularity in the Asia market, it will also be expanded rapidly through the partnership with MTB Bank. DDT is strongly facilitating development of artificial intelligence technology globally, and we look forward to closely working with them to drive greater collaboration between Europe, US and Asia market.”
Mr. Kukhar, Head of the Partnership Relations Department, said:
“MTB Bank being the market leader in the Ukraine financial industry has more than 25 years of professional experience and it will be the best financial partner for DDT. The signing of this agreement today is to seek further collaboration regionally and globally – particularly in the area of artificial technology development. There is no doubt more opportunities and cooperation will be brought into the fruitful future of both MTB Bank and DDT.”