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FinTech

09/11/2019

6 ways to avoid credit card debt in UAE

The inability to handle credit cards well has pushed many into the quicksand of debt.

09/11/2019

Banks need to redefine business models to sustain technology edge: Seetharaman

Financial institutions worldwide are realising that they need to focus on a different sort of innovation, better technology, modernise infrastructure and improve customer experience, according to him.

09/11/2019

Emirates NBD to launch Voice Banking through Amazon Alexa

Customers can obtain balance updates and track spends using Amazon Alexa

09/11/2019

Create Distinctive Customer Moments by Ensuring Trust in Onboarding by Kofax

These initial and information-intensive interactions are vital early experiences that set the tone for what should be a long-lasting and mutually beneficial relationship between the customer and the financial institution.

09/11/2019

UAE’s Masdar Invests $86.3M In Green Technologies

Masdar is the first investor in UK government fund

09/10/2019

Nedbank blocks customers from using password managers

Nedbank’s Head of Digital Channels Tawanda Chatikobo said that the move is temporary, and was done with customer security in mind.

09/10/2019

UAE to Get Its First Asset-Based Cryptocurrency from The Golden M Group

And unlike the first-generation cryptocurrencies, it is backed up by a tangible and ‘real-world asset’ which makes it less prone to the price volatility.

09/10/2019

How Bitcoin and Blockchain are Impacting the Middle East

The UAE government elected to focus specifically on promoting the use, study, and investment in cryptocurrencies and their technologies.

09/10/2019

Improving Open Data access in UAE is key to startup success: whitepaper

Market validation was identified as one of the most commonly faced challenges by startups in the UAE.

09/10/2019

ADX, FAB to provide dividend distribution through digital wallet Payit

The new service also empowers corporate entities to move away from a manual dividend distribution process through cheques or other means.

09/10/2019

Investech secures partnership with blockchain investment company INVAO

Investech have strategically partnered with INVAO to build a successful blockchain ecosystem.

09/09/2019

CrediMax partners with payment international enterprise (PIE) to incorporate maxwallet QR payments

This collaboration will expand MaxWallet acceptance across Bahrain and will be available on PIE's mPOS devices, currently present in 1,500 points covering all major SMEs throughout the Kingdom

09/09/2019

Size of the Kingdom's cybersecurity market is projected to swell to $3 billion this year

Saudi Arabia’s cybersecurity market alone is expected to grow to $5.5 billion by 2023, as the Kingdom upgrades its information-technology infrastructure to combat increasingly frequent cyberattacks.

09/09/2019

31 global start-ups for DIFC FinTech Hive accelerator

The finalists consist of15 start-ups specialising in the FinTech sector, four specialising in the Islamic FinTech sector, ten in the InsurTech sector, and two in the RegTech sector.

09/09/2019

ABE to develop digital structure, train workers: ElKosayer

The process of technological development in the bank follows two axes, he said.

09/09/2019

DIFC FinTech Hive receives huge response from global participants

The finalists consise 15 start-ups specialising in the FinTech sector, four specialising in the Islamic FinTech sector, ten in the InsurTech sector, and two in the RegTech sector.

09/09/2019

New gold-based, Sharia-compliant cryptocurrency to launch in the UAE

Empowering the working class by providing a safe investment opportunity and a potential to earn 100% returns within a year, COIN M is the Middle East's first real asset-based, Sharia-compliant cryptocurrency coin

09/09/2019

GCC banks getting better with tech adoption, S&P says

In the UAE, the number of bank branches has been falling since December 2014

09/09/2019

Cyber criminals target UAE residents using Abu Dhabi Police logo

Police warn of several websites asking browsers to pay Dh3,000 fine for watching inappropriate material

09/08/2019

ADGM-based fintech to launch blockchain private financing platform

According to Jibrel chief executive Yazan Barghuthi, the new platform will “enable investors of all genres to connect with start-ups and SMEs, creating new capital formations”. Further into the future, Jibrel is also looking to develop an alte

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