10/14/2020
Taqadam doubles funding for upcoming startups in KSA
The accelerator, now in its fourth year, offers ongoing workshops in different topics for an average of three days each month throughout the accelerator period.
FinTech
10/13/2020
Banking innovations prod customers to go digital
Digital banking has also played a supporting role in limiting the spread of COVID-19 as customers now prefer to do banking transactions from their home, instead of going to a bank branch.
10/09/2020
Dubai based Fintech Rise Launches New Platform for Affordable Remittance or Cross-Border Payments
There will be an option to set up and manage expense accounts and send small payments to family members without them knowing the details associated with the account.
10/09/2020
Fintech Saudi launches accelerator program
With the launch of Fintech Accelerator, Fintech Saudi aims to empower innovative entrepreneurs who display potential within the local fintech industry
10/09/2020
Infibeam Avenues inks deal with Oman’s Bank Dhofar for online payments
The company has said it has expanded its operations in the Middle East by entering Oman to offer payment gateway services to financial institutions.
10/08/2020
BIS Innovation Hub and Saudi G20 Presidency announce TechSprint winners
The winners, chosen by an independent panel of experts, addressed one or more of its three problem topics: dynamic information-sharing, monitoring and surveillance, and regulatory reporting.
10/08/2020
Leading Jordanian Bank Drives Digital Banking Growth with Temenos
The instant onboarding service and new mobile banking are expected to dramatically accelerate the bank’s customer base in Jordan
10/08/2020
UAE gets a peer-to-peer payments app that lets you split bills with friends
Residents are using the homegrown app Ziina to transfer rent payments, buy furniture or even pay freelancers
10/08/2020
E-Commerce Platform Noon to Partner With Mashreq Bank to Transform Online Shopping in UAE
Mashreq, one of the leading financial institutions in the UAE, and noon.com, the region’s premier homegrown e-commerce platform, have announced a long-term strategic partnership to redefine the digital payments experience for UAE consumers.
10/07/2020
Emirates NBD launches digital Supply Chain Financing platform
The smartSCF platform has been designed to help increase operational efficiencies for both corporate clients and their suppliers.
10/06/2020
Middle East’s Leading Digital Wallet Selects Temenos
STCPay selects cloud-native, cloud-agnostic Temenos Payments and Temenos Transact to power innovation in digital payments and grow its customer base to 6 million by 2021
10/02/2020
Oracle building major cloud data centres in the UAE, Saudi Arabia
As Oracle opens its new cloud region in Dubai, the company’s regional head, Abdul Rahman Al Thehaiban, explains why the cloud plays a key role in the current crisis
10/01/2020
Egypt: fintech, e-commerce and telehealth secures top funding in Q3
Investors are not interested in sectors impacted by COVID-19.
10/01/2020
Qatar Airways introduces UV cabin cleaning technology
Automated UV-C disinfectant robots are also in use at Doha airport.
10/01/2020
SABB wins best banking app in Kingdom
This is thanks to our continuous investment into modern technology and digital transformation to manage our business and banking services.
10/01/2020
DeVere reports surge in demand for money apps amid environmental and Brexit fears
The deVere Vault Prepaid Mastercard®️ can be used online, in-store and at any ATM location across the globe where Mastercard is accepted.
10/01/2020
What a cashless society will look like
Service providers are rolling out biometric and QR codes to ease the payment process quick
09/30/2020
National Bank of Bahrain goes live with Finastra Fusion Kondor
Fusion Kondor will give National Bank of Bahrain an independent view of valuations and risk involved in treasury activities, which are crucial to the bank and to regulators.
09/30/2020
Bahrain’s Central Bank authorizes U.K’s Fasset to test blockchain-based solutions
The announcement, however, did not expand on whether Fasset would acquire any additional permits.
09/28/2020
DIFC FinTech Hive rolls out AccelerateHer programme to back women in finance sector
Women are currently underrepresented in senior roles across the global finance industry