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FinTech

09/08/2023

Abu Dhabi research center launches Falcon 180B model to boost generative AI development

They are trained on huge datasets of text and code, and can be used for a variety of purposes, such as research, commercial applications, and education.

09/01/2023

Banking sector fintec major Zafin eyes $5bn market with early AI product launch in Middle East

Middle East is estimated to account for about 5% of the $100 billion global market opportunity globally in the AI-driven ‘pricing and promotion’ functions of banks

08/31/2023

UAE is poised to be a global leader in AI

The country could play a central role around AI and its regulation, says Mastercard

08/31/2023

Black Banx Backing Turkey’s Evolution Into Fintech Center

The fintech market for advanced technologies is expanding rapidly and entry into the market is expected to continue to increase.

08/30/2023

Middle East's digital economy to hit $780bn by 2030 and outpace global growth

The fourfold increase will be supported by favourable demographics, strong policy support, solid funding and rising innovation, UBS says

08/24/2023

Valu rebrands as part of its evolution into a universal financial technology powerhouse

Valu has consistently been at the forefront of innovation and a game-changer in the fintech space since its inception as the first BNPL platform in the MENA region.

08/24/2023

Banking sector fintech major Zafin to set up third global operational centre in Dubai

It is also in talks with Microsoft, its global partner for cloud operations, to explore the tech giant’s data centre spread out in the region for tie-ups for housing data related activities

08/23/2023

Shariah-Aligned Digital Currency, Islamic Coin, Collaborates with Republic Crypto

They have provided critical insights on devising Shariah-respecting distribution techniques and allocation methodologies

08/23/2023

Mashreq set to commence digital banking in Pakistan

The commencement of operations is announced roughly even months following the bank's NOC approval for digital banking in Pakistan

08/22/2023

New Saudi ‘insurtech’ rules will help ‘foster innovation’

The Kingdom’s fintech sector sees no sign of slowing up

08/22/2023

Commercial Bank of Dubai PSC : and PwC Middle East Join Forces to Elevate Customer Experience and Drive Operational Efficiency through AI Collaboration

The partnership focuses on elevating customer experiences and enhancing engagement through personalized AI-driven customer service solutions.

08/21/2023

‘Data-driven’ is how UAE, Gulf businesses should reshape themselves

Fast-track digital transformations or end up being less relevant

08/21/2023

Dubai's Mashreq to launch digital banking services in Pakistan

UAE bank completes incorporation in potentially high-growth market

08/18/2023

Bank Leumi to launch app with services in English

The new version of the bank's app with an option of English is expected to launch next week.

08/18/2023

Technology to help put e-commerce in the UAE on the growth path

From lifestyle retail to yacht rentals and more, stakeholders present positive trajectory

08/17/2023

Turkey's largest fintech Param acquires Czech BNPL Twisto for Europe launch

Twisto was acquired from Zip Co for an undisclosed sum.

08/17/2023

Improving Security and Accessibility at Core of DIB UAE PASS Integration Into ‘alt’ Services

DIB’s association with UAE PASS reaffirms its commitment to actively driving the adoption of technology.

08/17/2023

Virtual assets firm M2 secures Abu Dhabi nod to offer crypto services

ADGM's FSP license entails M2 to offer institutional and retail clients in the UAE the ability to buy, sell and maintain custody of virtual assets

08/17/2023

Network among first payments providers to offer WeChat Pay acceptance in UAE

Network International introduces ‘WeChat Pay’ acceptance on its N-Genius POS terminals

08/14/2023

The Central Bank of Egypt, Ghanaian counterpart mull cybersecurity cooperation

This is in addition to ensuring the governance of the procedures and management systems followed when handling cybercrimes

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