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FinTech

02/06/2019

Solidarity Bahrain Selects TCS BaNCS for Insurance as its Core Digital Platform

Digitized workflows and automation will reduce turnaround times and enable prompter customer service.

02/06/2019

United Arab Emirates Mobile Wallet and Payment Market Opportunities Databook 2019 - ResearchAndMarkets.com

The mobile payment services in the UAE have recorded strong growth in recent years

02/05/2019

Chinese unicorn ups e-commerce stakes in Middle East

Jollychic uses new age technologies to improve service standards

02/04/2019

Here's how fintech is taking over the world — and what's coming next

Legacy players have begun using fintech to remain competitive in a rapidly evolving financial services landscape.

02/04/2019

Kuwait Finance House introduces country's first banking robot

Nahedh further added that "the step to employ robots to complete banking transactions comes as a continuation to our investments in digital transformation."

02/04/2019

Commercial Bank begins fast-track fund transfer to UK and Europe

The introduction of this new fast-track funds transfer service to the UK and Europe follows the success of ‘Commercial Bank’s 60 Seconds Remittance service’

02/01/2019

Online Banking & Arab Millennials: A love-hate relationship

"It changed things for me, both professionally and personally"

01/31/2019

Commercial Bank of Kuwait installs video kiosks at 68 branches

The system is based on TrueConf Server, a video conferencing software serve

01/31/2019

Speakers Including the World's Top Fintech Influencers Announced at Third Middle East and Africa Fintech Forum in Bahrain

The FinTech conference will be held in Bahrain on Feb. 20-21 under the patronage of the Central Bank of Bahrain and hosted by Bank ABC and Arab Financial Services

01/30/2019

UAE-Saudi digital currency will be restricted to few banks, central bank says

Aber currency will be used for financial settlements between the two countries.

01/30/2019

Islamic banking software a rapidly growing market

It is expected that the market for Islamic banking software will grow further at a high rate beyond 2021

01/29/2019

Israeli online broker eToro targets Southeast Asia’s young and savvy investors with global outlook

The Ping An-backed broker is targeting young traders with its machine learning-based ‘social trading’ platform

01/29/2019

Open Banking: Growing in customer trust in 2019 by Herbert Leonelli, Profile Software

The banking industry is looking to achieve strong customer authentication, consent and reliability as required by PSD2, Open Banking and GDPR.

01/29/2019

Middle East cryptocurrency exchange ‘Rain’ to be Shari’a compliant

Rain was founded in 2016 by four entrepreneurs Yehia Badawy, Abdullah Almoaiqel, AJ Nelson and Joseph Dallago.

01/28/2019

Banks move toward digitisation, fintech

NBE launches first e-service branch; Banque du Caire to introduce first smart branch

01/28/2019

Striking A Balance Promoting Data Privacy While Addressing Business Needs by Jacques Visser, DIFC

While it stems from the EU, it has affected every company that trades with the bloc or has EU data subjects as customers.

01/27/2019

How technology affects wealth management business value

Additionally, many firm founders and principals are approaching retirement age, not unlike their baby-boomer clients.

01/25/2019

Al Mustashar Islamic Bank goes live with ICSFS core banking system

Al Mustashar will be implementing ICS BANKS ISLAMIC Core Banking System, Credit Facilities & Risk Groups, Murabaha, Musharaka, Ijara, Mudaraba, Qard Hasan, Time Deposit, Profit Distribution, Remittances and Trade Finance.

01/25/2019

Bahrain as a tech hub is starting to see 'green shoots' of progress

Coding and programming are becoming viable career paths, according to Economic Development Board head

01/25/2019

UAE to implement new technology to reduce cheque fraud

Banks in the country plan to use QR codes to improve cheque security

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