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

Bahrain Middle East Bank Chooses Wolters Kluwer’s OneSumX for Finance

Banks’ finance functions are facing significant changes that are reshaping the way they operate.

Cryptocurrency withdrawals now available at ATMs in the UAE

NCR Corporation teams up with CoinHub to enable cash withdrawals from cryptocurrency accounts

NCR First in the UAE to Introduce Bitcoin-Enabled ATMs

NCR Corporation announced that it has teamed-up with CoinHub, a cryptocurrency exchange in the UAE, to enable users to make cash withdrawals from their cryptocurrency account at the ATM

Why robo-advisories will appeal to Mena millennials

The flexibility of low-cost services and no minimum balance requirements make the platform attractive

Doha Bank unveils Arabic mobile banking app

The app also will allow customers to temporarily block their debit cards in the event of suspected fraud or card loss.

Why do UAE and Saudi Arabia want to use blockchain?

Essentially, a blockchain is like a record that is accessible to anyone; a ledger that registers every single transaction.

Bitcoin overtakes gold: Should UAE residents buy it?

More and more people are dumping gold over bitcoin, but should UAE residents also buy the virtual currency?

Saudi, UAE Central Banks Team Up to Test Cryptocurrency

The involvement of Saudi Arabia's central bank is notable, given that the institution to date has not commented on the tech or indicated that it was looking into potential use cases.

Middle East professionals embracing bitcoin

Dubai-based bitcoin trader BitOasis has reported a spike in interest that has slowed down its verification routines.

NetGuardians Partners With Masaref - BSC in Middle East

Masaref will provide local support for both implementation and alliance

Got HSBC Visa card? You’ve got a refund for Dec. 2 overcharge

Several Visa cardholders of HSBC UAE took to social media late last week to complain about the overcharge.

Significant banking changes due to tech innovation

FinTech, has been a major game changer and taken the industry by storm

Bahrain banks to set up dedicated R&D fintech firm

Headquartered in Bahrain, it will aim to support the regional Islamic banking sector through the R&D of fintech products and other innovative, sharia-compliant banking solutions, before expanding to other emerging markets across the world.

UAE ranks high in technology adoption in financial services

Nearly 60 per cent believe in next 10 year people will use only biometrics to access financial information

The disruptive impact of Islamic fintech

“The strong complementarities among these technologies are giving rise to an impressive array of new applications touching on services from payments to financing, asset management, insurance, and advice.

Next Generation Banking Start Up Etherecash Attracts 40,000 ICO Supporters

Ethercash To Revolutionize Banking

New Startup Funding And Funds Unveiled At Egypt’s RiseUp Summit

Elves, An App That Connects People With Personal Assistants

Dubai, The Capital Of Fintech Innovation

With Knowledge And Innovation At The Top Of Its Government Agenda

UK Lebanon Tech Hub Receives Long Term Backing from Banque du Liban and British Government Following “Exceptional” Early Stage Results

Lebanon is ranked 8th best in the world in early stage entrepreneurship.

Cloud technology investment boost for Bahrain

Bahrain’s bid to carve a niche as a regional centre of ICT innovation took a step forward following the decision by Amazon Web Services to base its first Middle Eastern cloud technology data centre in the kingdom.