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Dubai ranked seventh in the world’s top FinTech Locations of the Future

Report highlights factors influencing the top ten ranking in FinTech locations

How three countries are approaching blockchain innovation

To help support the move, Dubai developed a guide to blockchain implementation, in partnership with Educhain and Dubai Blockchain Centre, which would connect innovators with resources and integrate blockchain developments into municipal processes early on

PayThink Middle Eastern M&A heightens payment fraud and laundering risk

Accuity research found a 25% reduction in CBRs between 2009 and 2016, partly driven by regulatory demands and enforcement actions against institutions that breach AML laws.

FinTech Abu Dhabi’s search for global fintech talent?

Startups who attend FinTech Abu Dhabi can apply to become part of the FinTech 50

Growing role of FinTech in the Middle East

This shift in perception is accelerating the pace of digital transformation, which is likely to benefit both the industry stakeholders and the customers.

Middle East Banks Urged to Brace for Digital Wave

As competition heats up the banking sphere, Middle Eastern banks need to emulate digital giants and adopt full-scale digital transformation to outpace traditional rivals and ward off disruption, says new BCG report

How fintech start-up backed by Dubai became a $1 billion 'unicorn'

Numbrs offers app that enables users to manage existing bank accounts in one place

Bahrain and Abu Dhabi Compete To Be Gulf’s Cryptocurrency Hub

High hopes that cryptocurrency development will support economic diversification efforts must be balanced against the risks of investing in a fast-evolving technology dependent upon a delicate regulatory balance.

National Bank of Bahrain completes SWIFT gpi certification

SWIFT Global Payments Innovation (SWIFT gpi) is the latest initiative by SWIFT to improve the customer experience in the world of cross border payments.

Is the UAE still an attractive financial environment for global tech?

Tech: the next frontier Dubai wants to conquer

Phone scam warning for UAE residents

Fraudsters now call people directly or send them WhatsApp message.

UAE's AI Minister to inaugurate Artelligence Forum in Dubai

Omar Sultan Al Olama is currently the managing director of the World Government Summit.

Gulf Bank introduces selfpay and e-loans to its online and mobile banking services

The shared link, which can be sent via SMS and email, is valid for 24 hours and allows users to track the status and history of their payments with ease.

Israeli Financial Authority to Accelerate Blockchain, Fintech Licensure

Additionally, preliminary research by the Israeli Securities Authority has shown that dozens of companies, at a minimum, could receive a work permit in Israel with minimal changes to their business models or technologies, per the report.

Making strides in the Fintech world

Allied Wallet does this by introducing innovative payment processing solutions for online merchants, enabling them to send and receive global payments.

Noor Bank partners with UnionPay to launch QR-based mobile payments

Noor Bank is the largest issuer of UnionPay cards in the UAE.

In UAE, Dubai firms poised to launch blockchain data-sharing platform by 2020

The programme also outlines the creation of a consortium agreement to govern the mutualisation of KYC efforts among future participating banks, government bodies, financial institutions as well as other licensing authorities to subscribe to the platform.

FinTech