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

Is Digital Banking important for you?

Customers demand more digital services from their banks.

Alvarez & Marsal brings its Relativity partnership to the UAE

The deal sees Alvarez & Marsal integrate the RelativityOne solution into its offerings, providing the consultancy with an “enhanced offer for e-discovery and internal investigations,” said Daniell.

Strong consumer appetite for digital banks in Saudi Arabia: Boston Consulting Group

52% of Saudis would be comfortable making the change, and 63% are actively looking for new lending offers, says US consulting firm Boston Consulting Group in its 2021 Consumer Sentiment Study in Banking report

The digital agenda outlook, for wealth managers

Client demands have changed and their digital experience is now a real differentiator between firms

Qatar to see surge in fintech investments; global firms eye Doha as launchpad

"Qatar’s fintech ambition is to become a global hub by promoting and empowering Qatari entrepreneurs and innovators and becoming the launch-pad for their global expansion," the report said.

Arab Fintech Forum highlights need for fintech-bank collaboration

“Their lack of having that kind of ecosystem is not a disadvantage for banks. It can actually be an advantage if they learn to leverage the potential of fintechs effectively,”

Egypt begins IPO of state payments firm e-finance

Of these, 90% of the shares will go to institutional investors and 10% to retail investors.

Technology is seen as enabler for cash management innovations: Seetharaman

Payments should be seamless and secure.

QNB, Ripple partner to enhance cross-border payments

“QNB always innovate to provide the best of service to its customers and this partnership is yet another Fintech initiative of the bank to enhance the product offerings for our customers.”

Saudi CMA issues cybersecurity guide for financial institutions

The guide tackles the most important issues concerning cybersecurity applications in financial market institutions under the supervision of the CMA

UAE crypto asset exchange BitOasis closes $30mln funding

Company says geographic expansion is on the cards along with growth in existing markets

Saudi Arabia Tourism Development Fund launches digital lending service with Temenos

Temenos was the obvious choice.

Digital payments transform how Jordan does business

A new report from Arab Advisors Group analyzed the digital payments sectors in-depth in Jordan.

Dubai crypto platform teams up with police to combat crypto fraud

The police department is training its force “extensively” to understand crypto and blockchain technology, he said.

CBFS awarded 'Most Innovative Mobile Trading Application in Qatar' by International Finance Magazine

“This is but the first step towards our goal of becoming the number one brokerage of choice in Qatar. Celebrating our achievements is important, but keeping up the momentum to strive and achieve the impossible in a culture where everything is possib

Fintech in The Middle East, Africa and South Asia With Dubai DIFC’s Raja Al Mazrouei

How has DIFC FinTech Hive grown since its launch in 2017?

Fintech Fund Launched by Banking Institutions in Egypt to Support Nationwide Digital Transformation Strategy

As mentioned in the announcement, the fund will mainly focus on supporting Fintech solutions so they can transform the MENA region country into a regional hub for the financial technology sector.

GPS opens Mena headquarters in Dubai

GPS has to-date issued over 170 million cards and last year processed more than 1.3 billion transactions through its platform - a testament to its market-leading position as a global payments processing powerhouse behind over 180 next-generation fintechs,

Digital services delivered with a human touch - that's the future of banking

In the rush to make banking all-digital, the value of hands-on support is paramount

Dubai Economy signs deal to participate in UAE KYC Blockchain Platform

Work is underway to complete the connectivity between the UBR Blockchain Platform and the KYC Blockchain Platform by Q4 2021