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

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

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.

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.

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

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

Egypt: fintech, e-commerce and telehealth secures top funding in Q3

Investors are not interested in sectors impacted by COVID-19.

Qatar Airways introduces UV cabin cleaning technology

Automated UV-C disinfectant robots are also in use at Doha airport.

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.

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.

What a cashless society will look like

Service providers are rolling out biometric and QR codes to ease the payment process quick

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.

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.

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

Finastra helps redefine the future of finance

Ecobank recently connected 34 African countries with a unified cash management system

First Abu Dhabi Bank cooperates with the financial technology company “TAPI”...

The “Buy Now, Pay Later” service allows customers to shop and buy products in-store and pay in installments extending up to 6 months without interest

UAE PASS Digital Signature Workflow now available for GCG Enterprise Solutions

UAE PASS also enables users to request a digital version of any official documents issued to their name.

Spotlight MEA: Developing a Single Universal Open Banking API

Abdulla Almoayed is a serial entrepreneur and the founder and CEO of Tarabut Gateway (TG) – the first and largest company licensed open banking platform in MENA.

Finastra helps redefine the future of finance to improve millions of lives globally

Finastra and its customers are set to positively impact over nine million lives around the world, through technology and collaboration.

Turkey's Akbank selects Featurespace for fraud prevention

Realizing this, Akbank sought to replace its existing system with an advanced platform that provides real-time enterprise-wide fraud detection.

Growing digitalization makes the oil and gas industry more vulnerable to cyberattacks

Loss or theft of such data can prove financially and operationally detrimental for an oil and gas company.