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

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

National Bank of Oman offers first of its kind banking solution at the touch of a button

Recently it became the first bank to offer the ability to order its popular Badeel prepaid cards directly through its award-winning app, meaning customers and non-customers alike can apply from anywhere, simply by logging in through their mobile phone

Build Greenfield: How Traditional Banks Are Breaking the Mould

“A whole new world: How technology is driving the evolution of intelligent banking”, 36 percent of respondents selected launching a digital bank as their preferred innovation strategy.

SS&C to Acquire Investrack Business

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

Dubai Financial Market launches “myAccount” electronic service

The DFM has executed 1.3 million transactions to the new electronic accounts

'Digital human' Fatema takes a bow at Bank ABC

Sael Al Waary, deputy group CEO, Bank ABC, says: “AI will soon be an inseparable part of our lives, as individuals and as a community at large.

No need for physical checking of Emirates ID at banks

Central Bank sends notice to all banks.

NdcTech bags Best Implementation of the Year Award

This award is especially dedicated for the excellence of implementation of the 'Khushhali Bank Project'

Tech Disruption In Retail Banking: GCC Banks catching up

Technology and industry structure present a moderate risk of disruption.

Saeed Hareb Al Darmaki on the future of crypto assets

Within this framework, know-your-customer and anti-money-laundering validated customers can be on-boarded onto an exchange that permits them to start placing buy and sell orders on the cryptocurrency platform.

6 ways to avoid credit card debt in UAE

The inability to handle credit cards well has pushed many into the quicksand of debt.

Banks need to redefine business models to sustain technology edge: Seetharaman

Financial institutions worldwide are realising that they need to focus on a different sort of innovation, better technology, modernise infrastructure and improve customer experience, according to him.

Emirates NBD to launch Voice Banking through Amazon Alexa

Customers can obtain balance updates and track spends using Amazon Alexa

Create Distinctive Customer Moments by Ensuring Trust in Onboarding by Kofax

These initial and information-intensive interactions are vital early experiences that set the tone for what should be a long-lasting and mutually beneficial relationship between the customer and the financial institution.

UAE’s Masdar Invests $86.3M In Green Technologies

Masdar is the first investor in UK government fund

Nedbank blocks customers from using password managers

Nedbank’s Head of Digital Channels Tawanda Chatikobo said that the move is temporary, and was done with customer security in mind.

UAE to Get Its First Asset-Based Cryptocurrency from The Golden M Group

And unlike the first-generation cryptocurrencies, it is backed up by a tangible and ‘real-world asset’ which makes it less prone to the price volatility.

How Bitcoin and Blockchain are Impacting the Middle East

The UAE government elected to focus specifically on promoting the use, study, and investment in cryptocurrencies and their technologies.

Improving Open Data access in UAE is key to startup success: whitepaper

Market validation was identified as one of the most commonly faced challenges by startups in the UAE.

FinTech