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FinTech

12/21/2023

Spare closes a $3m investment to lead open banking innovation in the Middle East

Open Banking will unlock the innovations in financial institutions in the region and make the availability of financial solutions and services much easier and faster than ever before.

12/21/2023

Development Bank based in Oman Selects Newgen Technology

This will help us meet the targeted growing demand and scale operations to handle high-volume transactions efficiently

12/20/2023

Circle Joins Fuze in Expanding Adoption of USDC Across Middle East, Africa and Turkey

This includes securing robust regulation and licensing and receiving the largest seed funding round for a digital assets start-up in MENA history.

12/19/2023

UBF stresses the role of advancing security in maintaining financial sector leadership

At Threatcasting event organised jointly with Mastercard

12/18/2023

World Bank names UAE to lead cloud computing working group

Appointment in recognition of UAE’s efforts to advance digital economy

12/18/2023

Commercial Bank of Dubai hires Accenture for tech-CX transformation

The banking industry is changing profoundly and banks, more than anything, need to innovate at speed and scale.

12/14/2023

How banks are leveraging the power of GenAI

GenAI is an excellent tool to improve research for faster processing of more data from a wider range of sources to support decision-making

12/08/2023

Binance withdraws Abu Dhabi licence bid as crypto giant weighs structure

The Binance unit, called BV Investment Management, pulled the application with Abu Dhabi's financial regulator, a spokesperson for Binance said

12/07/2023

Hackers are targetting UAE, Saudi businesses’ cloud services — survey

The targetting of cloud infrastructure among corporates in these two countries is on the rise, according to a new survey.

12/06/2023

Abu Dhabi's Hub71 launches programme to support climate technology start-ups at Cop28

Initiative to offer around $200,000 in cash and incentives to selected start-ups

12/05/2023

BioCatch Welcomes Sallie Krawcheck and Liat Nadai Arad to Board of Directors

Financial Services and Cybersecurity Industry Veterans Bring Extensive Growth, Operations, and Innovation Experience to BioCatch

12/04/2023

7th Fintech Abu Dhabi Sees Crypto, Regulatory and IT Announcements

During the event, ADGM unveiled initiatives to redefine regulatory practices.

11/29/2023

Wahed Invest Launches as UAE’s ‘First Shariah-Compliant Digital Investment Platform’

The platform provides Shariah-compliant investment services to residents, with low minimum investments, transparent fees, as well as no lock-in period.

11/29/2023

Basatne International unveils UAE’s first AI-based robotics technology

To reduce carbon emissions and mobile phones e-waste

11/28/2023

UAE consumers among the most demanding globally for seamless app experiences

Key findings from the research indicate a significant shift in consumer behavior and expectations

11/27/2023

Mashreq Sustainability-Linked Loan Aims to Address ‘Water Scarcity’ and Train Talent in Jordan

Classic Fashion has committed to a set of ambitious Sustainability Performance Targets (SPTs) that will be monitored annually throughout the duration of the loan.

11/27/2023

‘More from Emirates NBD’ records 3x increase in downloads and sign-ins in under 2 years

Bank’s increased focus on personalization has boosted customer experience, visitor traffic and revenue

11/24/2023

UAE fintech Astra Tech Botim now allows its digital wallet users to buy-sell gold

Astra Tech Botim users can 'buy, sell or gift' gold using the platform

11/22/2023

Network International Joins Forces With Visa to Introduce Instalments Solution to UAE Merchants

This strategic partnership comes at a time when consumers are increasingly seeking out instalment payment options that align with their financial needs and preferences.

11/22/2023

Jordan Ahli Bank taps Fintech Galaxy to comply with open banking standards

A month later, it had also acquired Egyptian open banking platform Underlie for an undisclosed sum, in a bid to expand its regional open finance footprint.

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