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

OneConnect launches SaaS solution OneCosmo, powered by Pismo, in the UAE

OneCosmo suite allows financial Institutions and fintechs in the region to build a wide range of digital banking capabilities, gaining flexibility and scalability

DIB, MoI to implement a complete digital KYC journey

MoI Facial recognition project started in 2007 with a vision to develop a trusted and secure way to verify people identity remotely.

Banque Saudi Fransi plans corporate venture capital fund

Rise of fintech sector in Saudi Arabia is pushing traditional banks to collaborate rather than compete with startups

PwC Middle East signs with G42 to boost tech solutions

And launches digital twins focused paper at Ai everything x GITEX Global

Emirates NBD enters next phase of digital partnership for technology co-creation with Microsoft

Agreement announced at GITEX Global strengthens collaboration with Microsoft on the hybrid workplace, low code, Web 3.0, sustainability, and employee wellbeing

UAE fintech Mamo receives regulatory approval in DIFC

Mamo has built a reputation for being radically customer-centric, with incredibly fast product development times - often launching and announcing multiple new features in a matter of weeks - a refreshing approach from a regional start-up.

Geidea Partners with Visa to accelerate digital payments across Egypt

Geidea’s strategic partnership with Visa promotes financial inclusion and digital transformation, aligned with Egypt’s Vision 2030

Gitex 2022: Localisation is key to metaverse becoming mainstream – Sandbox co-founder

Virtual worlds will become mainstream if they localise and engage with local brands, said Sebastien Borget at GITEX Global 2022

UAE leads in fintech sector regulations across Middle East, Turkey: Mastercard

Regulation of the fintech sector includes multiple facets, such as payments, remittances, equity crowdfunding, e-money and P2P lending

Global Cybersecurity Leader eSentire Names Spire Solutions as its Exclusive Value-Added Distributor in the Middle East and Africa

Spire to provide eSentire’s award-winning 24/7 Managed Detection and Response and Incident Response Services across the regions through its channel partners

OneConnect unveils OneConnect Smart Technology in the UAE

The intelligent marketplace aims to advance financial inclusion, enhance transparency, alleviate cost of finance operations for SMEs and improve the overall customer experience for SMEs and their funding partners.

UAE fintech Mamo receives regulatory approval in DIFC

The licence has been granted by the Dubai Financial Services Authority, the independent regulator of financial services conducted in or from DIFC, to carry out the regulated activity of providing money services.

New fintech start-up Five FS launches in the UAE and KSA markets

Five FS has also developed Embedded Five which enables businesses to embed its solution onto their platforms to help their customers access better rates for the five financial services.

Dubai-based fintech YAP in talks to raise further $20m

If completed, the new funds will take the firm’s total Series A raise to $61 million.

Digital first bank, Emirates NBD marks presence at Gitex Global

Bank to showcase digital and technological innovations in collaboration with the Ministry of AI, Coders HQ, DIFC Fintech Hive and Microsoft among others.

KPMG report: KPMG private enterprise tech innovator in Qatar competition - 2022

This competition recognized innovative tech companies in Qatar, who are introducing tech breakthroughs, transforming businesses, and disrupting entire industries

MoneyGram invests in UAE-based startup Jingle Pay

The partnership means that these people can use the Jingle Pay app - powered by MoneyGram's global payment rails and near real-time capabilities - to send money to over 200 countries and territories around the world.

Saudi start-up ZenHR to scale up operations after raising $10mln

Company has presence in 12 markets including UAE

AJIB selects Codebase Technologies’ Digibanc platform for digital onboarding transformation

AJIB and Codebase Technologies' combined experience in the banking and technology sectors will enable millions of customers to easily open a new banking account and access various financial services using a completely digital onboarding process

Proofpoint study reveals employee cybersecurity negligence is putting Middle East organizations at risk in hybrid work environments

Over a third of UAE and KSA employees admit they would take documents with them to their next job

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