09/03/2019
Demand for crypto and digital assets in GCC to rise manifold
The increase in trading activity on the crypto markets indicate that there is institutional participation.
FinTech
09/03/2019
Emirates NBD's Smart Pass locks out users without smart devices
The security measure replacing OTP texts for online transactions prevents SIM swap fraud, but requires a smartphone or tablet
08/30/2019
Dubai-backed fintech reaches unicorn status
The startup has deliberately focused on private investors, as opposed to venture capital firms and private equity or sovereign wealth funds.
08/30/2019
Dubai-based ASA Ventures to Launch ZON – The Region’s Largest Decentralized e-commerce Network
Mobile Application Based E-Commerce Platform to Focus on Large Number of Retail Smes Currently Unserved by Online Marketplaces
08/30/2019
Why crypto foundations should be robust, clear
Bitcoin - the first, most popular and dominating force in the crypto spehere - has been notorious for its volatility.
08/30/2019
Falcon Network's investors conclude investment in start-ups
Dr Sayd Farook, co-founder of the Falcon Network, said: "We are delighted with the success of our first round - with over 223 start-ups submitting funding applications from 46 different countries.
08/29/2019
Dubai-based ASA Ventures to Launch ZON - The Region's Largest Decentralized e-commerce Network
The UAE Ministry of Economy has estimated that e-commerce constitutes 10 percent of total sales in the UAE, while the country has enormous potential with nearly 100 per cent smartphone ownership and internet penetration.
08/29/2019
Enterprise blockchain vendor R3 has partnered with a Dubai-
The sukuk market has gained global popularity in recent years
08/29/2019
UAE banks ahead of regional peers in digital transformation
Noor Bank has done quite a lot in its digitalisation process over the past two to three years
08/28/2019
Emirates NBD’s fintech tie-ups positive: Moody’s
Emirates NBD move will help bank develop new digital products and services
08/28/2019
NBB inaugurates bulk cash deposit machine to support business clients
The bank’s Cash Deposit Machines are accessed by biometric scan and clients can deposit cash up to 20,000 notes at a time.
08/28/2019
Dubai ranked seventh in the world’s top FinTech Locations of the Future
Report highlights factors influencing the top ten ranking in FinTech locations
08/28/2019
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
08/27/2019
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.
08/27/2019
FinTech Abu Dhabi’s search for global fintech talent?
Startups who attend FinTech Abu Dhabi can apply to become part of the FinTech 50
08/27/2019
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.
08/27/2019
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
08/27/2019
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
08/26/2019
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.
08/25/2019
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.