Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

Mashreq and Emirates NBD roll out digital banking for SMEs

NeoBiz and E20. complement the UAE lenders’ branchless offerings and address the challenges faced by new businesses

Ripple Signs Up Major UAE Bank to RippleNet

As reportedby U.Today, Ripple also recently teamed up with one of the largest private banks in Pakistan.

Avaloq named Overall Winner in the 2019 XCelent European Wealth Management Technology Vendors report

Avaloq was named the winner due to its strong performance across each Celent ABCD Vendor View category1 and having earned the highest total score.

Banks in GCC, APAC adopting digital identity, biometrics, AI

According to the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf, some 40 percent of the GCC population is under 30.

'UAE a strategic growth market,' says National Payments Corporation of India

RuPay cards are now being issued by over 1100+ banks with a customer base of 600+ million

MenaPay Digitizing Cash In The Middle East, North Africa

The firm, established in Dubai, delivers blockchain payments tech that helps digitize cash for 80% of the unbanked population in the MENA region.

Middle East FinTech sector could raise more than $2bn by 2022, Milken says

The financial technology sector is growing at a compounded annual growth rate of 30 per cent

Oracle to launch new cloud facilities in UAE and Saudi Arabia

Company's local clients include First Abu Dhabi Bank, DP World, Landmark Group and Apparel Group

Dubai Cultiv8 invests in FinTech startup Wahed Invest in a multi-million dollar deal

Wahed said: “Technology is redefining financial services, bringing new and innovative financial prospects to the largely underserved and marginalized populace.

SC Ventures Invests in Artificial Intelligence Platform

SC Ventures has made a strategic investment in artificial intelligence services platform Digital Reasoning

Objectway Recognized by Celent as a Key Player for Client Reporting Solutions Delivering a Better Client Experience

Objectway offers different forms of client reporting: traditional PDFs, Apps, secure messaging, or remote collaboration via secure auditable video reporting.

Second Artificial Intelligence Week kicks off in Dubai

Knowing the central role AI plays

meem by GIB sponsors Smart Cities Summit

The event, which is in its fourth year, was held under the patronage of HE Eng. Essam bin Abdulla Khalaf, Minister of Works, Municipalities Affairs & Urban Planning, and featured a conference, exhibition and awards sessions

Now Money offers alternative for Gulf’s unbanked expats

Fintech targets region’s 25m low-income workers reliant on exchange houses to remit cash

Bahrain's Bwallet adds payment function for UK bank accounts

Users can scan a QR code to make cashless payments through their mobile phones.

SS&C to buy Globacom's Investrack wealthtech business

The transaction is subject to customary closing conditions and is expected to close in September 2019.

UAE based crypto firm Hayvn launches $5m fundraise to drive next phase of growth

This funding will be used by Hayvn to boost its capital reserves, roll-out its global regulatory footprint, strengthen compliance, IT infrastructure, and legal infrastructure.

Finding the right balance between human touch and technology is the biggest challenge for companies in the Middle East

Senior business leaders converge on Dubai for the second AI Week Middle East

Red Hat Announces Enterprise Linux 8 for SAP Solutions

Red Hat Enterprise Linux 8 for SAP Solutions is an intelligent OS designed to provide a solid foundation that spans the hybrid cloud and one that fuels mission-critical workloads.

Bahrain's Investcorp acquires global ticketing software firm

Vivaticket is a global provider of integrated ticketing software solutions to the leisure and entertainment, sport, culture and tradeshow industries