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FinTech

10/25/2021

Kuwait Finance House – Bahrain Is the First Bank in the Kingdom To Provide Customers With New Payment Solutions Through the Benefitpay App

"We are pleased to commend the efforts of KFH-Bahrain in facilitating the completion of various electronic payment transactions for customers."

10/25/2021

Infosys Finacle rated leader in Digital Banking Engagement Solutions

Rating is for both digital banking engagement platforms and engagement hubs

10/25/2021

Investments in Saudi fintech sector rises to $347mln

Fintech Saudi said the number of fintech companies in the kingdom had risen by 37%

10/22/2021

Ex-Google executive raising $1 billion middle east tech fund

IPOs in the region have also recently taken prominence with Adnoc Drilling coming to the market as the largest IPO on the Abu Dhabi stock market.

10/22/2021

Blockchain will empower smart cities of the future

For this data exchange, blockchain is anticipated to be utilised.

10/21/2021

Jordan Kuwait Bank signs transformative deal with iGTB

Jordan Kuwait Bank to create a completely integrated, mobile first, state-of-the-art, omni-channel experience to power its growth ambitions in the Arab region based on Jordan Vision 2025.

10/21/2021

Coders critical for digital transformation in Middle East

Red Hat is provider of enterprise open source software solutions, using a community-powered approach to deliver reliable and high-performing Linux, hybrid cloud, container, and Kubernetes technologies.

10/21/2021

Egypt’s Banque Misr to launch its first Riyadh branch by the end of 2021: Bank’s head

El-Etreby noted that he expects Banque Misr to obtain a digital bank license by the first quarter of 2022

10/21/2021

A Cryptocurrency Gets To The Central Bank of Israel, CBDC Is On Trial

Among the interests the Bank of Israel has in mind, they need to find an innovative means of payment that can be cheap, easily used, preferred against cash, and would not fail during a breakdown or other unprevented situations.

10/21/2021

UAE-based Fintech Galaxy closes $2m seed round for Open Finance development

This comes as Open Finance is the next step in the Open Banking journey, which is widely adopted now in many countries, including Saudi Arabia.

10/20/2021

The CMA announces launch of 5th batch of Financial technology experimental permit

The FinTech Lab is a legislative experimental environment that allows providers of financial technology products and services to test their innovative business models within specific criteria, time and regulatory requirements under the supervision of CMA

10/20/2021

Egypt to spend over $2bln to enhance internet efficiency, says minister

The project includes delivery of fiber optic cables to around 4,500 villages in the next three years

10/20/2021

Digital change: the magic solution?

The take up for this is very encouraging and firms have seen a significant improvement in client satisfaction as a result.

10/20/2021

NBB announces shortlisted teams from Digital Banking Challenge

The NBB Digital Banking Bootcamp was held in September and welcomed participants at BFB’s co-working offices.

10/19/2021

'UAE a shining example of tech adoption": Binance founder tells Future Blockchain Summit

Changpeng Zhao praises leadership's attitude towards embracing technological advancements

10/18/2021

Innovating together: what is happening in Wealth & Asset Management

Openess and API facilitate collaboration and access to innovation.

10/18/2021

Egypt consumer finance pioneer launches deferred-payment startup

Egypt's financial tech and online payment market is booming, as the government of the most populous Arab country encourages more cashless transactions and e-commerce sales surge even as small retailers remain key and cash is king.

10/18/2021

Doha Bank’s Doha Pay Wallet wins ‘Best Digital Wallet App’ award

Doha Bank customers can enjoy these quick, safe, and seamless payment features simply by downloading the application from the Apple and Google Play App stores and enrolling their Doha Bank credit or debit cards to the wallet.

10/18/2021

Dubai’s Mashreq Bank scores a regional first with new API portal for businesses

Mashreq’s move allows app developers to use its API for use in their work

10/18/2021

SABB’s international remittances grow by over 50%

SABB has developed international transfer services through its digital channels, in partnership with the financial technology companies MasterCard Send and Ripple.

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