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

Chainalysis Named Council Member of MENA Banking Group’s Digital Asset Lab

The Digital Asset Lab’s objective is to comprehend how Emirates NBD’s customers can utilize digital assets and the associated technology.

Emirates NBD strikes payments deal with Nium

The partnership, subject to regulatory approvals, seeks to elevate the remittance experience with seamless, instantaneous cross-border transfers between the UAE and countries worldwide.

How Mastercard is driving financial inclusion in the Middle East

Mastercard’s chief operating officer for EEMEA region Khalid Elgibali tells us about how his company is innovating when it comes to cross-border and digital payments

Saudi Fintech Rasan to Initiate IPO This May

The IPO will see the company and its investors collectively offering 22.7 million shares

BankDhofar launches the innovative Samsung Pay from Samsung Transforming shopping experience

With Samsung Wallet, customers can now effortlessly use their Samsung device to complete transactions, offering a convenient and secure shopping experience.

UAE, Kenya join hands to boost digital cooperation

Kenya has become increasingly attractive to data centre providers, driven by growing demand for cloud services, improved business conditions

Jordan Kuwait Bank digitises transaction banking functions with iGTB platform

JKB’s pursuit of an improved digital experience

Hassana Wins Best Transformation Award

With over USD 300 billion in assets under management, Hassana serves as the investment manager for Saudi Arabia’s governmental pension company

Global Finance Names The Innovators 2024 – Top Financial Innovations by Category

The June issue will also include the Most Innovative Banks and Fintechs and the Top Global Financial Innovations.

Binance Blockchain Week brings the future of Web3 to Dubai

Binance Blockchain Week offers a platform for industry leaders to engage in meaningful discussions to further drive the development and adoption of Web3.

Microsoft Invests $1.5 Billion in Abu Dhabi’s G42 to Accelerate AI Development and Global Expansion

This strategic investment will enhance the UAE’s position as a global AI hub and provide further opportunities for partners and customers to innovate and grow.

NBO’s hassle-free digital credit card application empowers customers

This innovative service aligns with Oman Vision 2040 and NBO’s strategic objective of digitisation products and services, leveraging technology to streamline financial services

Hub71 welcomes 25 startups from 11 countries as part of its 14th cohort

Startups onboarded will join Hub71’s Access program and specialist ecosystems Hub71+ Digital Assets and Hub71+ ClimateTech

NBO & Zumr team to boost FinTech innovation and empower SMEs

This alliance marks a significant step towards transforming traditional savings and lending systems by harnessing the power of digital solutions and incentivised saving plans.

Crypto crime value dropped significantly in 2023, shows Chainalysis report

Nicola Buonanno, VP Southern EMEA, Chainalysis shares key developments in the threat landscape based on the findings of the company’s 2024 Crypto Crime Report

Egyptian imports of mobile phones decline by $242K last January

Last January, the value of imports recorded a decline of 25.3%, reaching $5.54 billion during the month of January 2024

EazyPay honored among leading financial technology companies in the Forbes Middle East FinTech 50

EazyPay ranked 19th out of 23 payment gateway companies, solidifying its place as a leader in the online payment industry

53% of devices infected with data-stealing malware are corporate, Kaspersky finds

The share of corporate devices compromised with data-stealing malware has increased by one third since 2020

Visa’s growing services business infused with new AI-powered products

Visa Protect is part of a broad suite of Visa value-added services that have grown to nearly 200 products

Oman Housing Bank selects Temenos for core banking modernization in the cloud

The bank will modernize its retail banking capabilities with Temenos to develop new products faster and widen access to housing finance for Omanis