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

Path Solutions assisted IDB Iraq to get AI-ready

This project is fundamental to IDB’s digital transformation strategy to improve customer experience

Users will be able to sort their spending into over 250 categories from today.

With the fintech also laying the groundwork in the Middle East after joining the first-ever Qatar Fintech Accelerator programme in October.

7 FinTech Trends to Keep an Eye on in 2021

While mobile banking apps are not new to the market, there is still room for innovative solutions that can serve customers in a more effective and efficient way.

GELLIFY Middle East calls for improved data regulations

Open banking then allows customers to conveniently pay for retail purchases using their bank loyalty points or using mobile wallets, a virtual wallet that stores payment card information on a mobile device.

Anglo-Gulf Trade Bank Disrupts Global Trade Banking with Fenergo

Addresses chronic shortage of trade finance to businesses globally with Fenergo’s API-led CLM solutions

Riyadh set to be epicenter for hyperloop technology

Virgin Hyperloop plans to create thousands of Saudi jobs, set benchmark for global network

BisB posts big response to mobile corporate accounts

To ensure the highest level of security, the fully digitally automated service requires customers to sign up via face ID Selfie as an added level of authentication

What Internet Penetration, Growth, and Usage Means for the Arab World

By 2020, the global average had surged to 59 percent, being vastly outdone by the Middle East’s 70.2 percent.

Ooredoo Qatar security efforts recognised with Fortinet

To date, our key contribution has been to defend against cybercrime, to reduce risk, and ensure compliance with regulation.

Central Bank of Bahrain : CBB announces launch of eKYC as part of digital transformation strategy (January 30th, 2021)

With the introduction of Open Banking in Bahrain, this also provides an opportunity for fintech companies to verify customers identities through their online and mobile applications.

DFin Holding launches Egypt’s pioneering FinTech platform for tech-based financial services and announces establishment of the first Venture Debt Fund in the Region

The team has established a solid and promising base to lead the next wave of innovative digital financial services in Egypt and across emerging markets in the region.

Virtuzone becomes the first company to accept bitcoin payments for business setup in the UAE

The strategic move also builds on Virtuzone’s aim to help accelerate the adoption and growth of digital technologies in the country

Saudi Arabia's futuristic city project in talks over cloud computing deal

"We're seeing lots of opportunities for partnerships with large, hyper-scale providers," head of technology and digital at NEOM, told Reuters

Refinitiv Wealth Management Report – ‘Redefining Investor Data Needs’ – Highlights the Growing Needs of Self-directed and Advisory Clients

The study finds that self-directed and advisory clients’ needs are rapidly changing.

FinTech