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

PwC Outlines Policy Recommendations for Blockchain Implementation

It is without question that blockchain has been on the lips of innovators over recent years.

Online platform to facilitate investment in Saudi municipal projects

Application has facilitated 4,500 investment opportunities, says official

Israel Approves New Digital Bank

The move comes as the country is working to boost competition in the banking sector, including lowering capital requirements and making the approval process easier for new banks.

Abu Dhabi Islamic Bank Goes Live with Intellect's Digital Transaction Banking

iGTB solution key to the digital transformation of ADIB's end-to-end transaction banking services, empowering the bank to provide convenient, rapid and more operationally efficient services

ADIB supports global Fintech companies through "Speed Meeting" sessions at the ADIB Simple Lab

The event took place at ADIB's Simple Lab and provided the participating FinTechs with an opportunity to outline and pitch their proposition to ADIB management and decision makers representing several areas across the bank

Mashreq and Emirates NBD roll out digital banking for SMEs

NeoBiz and E20. complement the UAE lenders’ branchless offerings and address the challenges faced by new businesses

Ripple Signs Up Major UAE Bank to RippleNet

As reportedby U.Today, Ripple also recently teamed up with one of the largest private banks in Pakistan.

Avaloq named Overall Winner in the 2019 XCelent European Wealth Management Technology Vendors report

Avaloq was named the winner due to its strong performance across each Celent ABCD Vendor View category1 and having earned the highest total score.

Banks in GCC, APAC adopting digital identity, biometrics, AI

According to the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf, some 40 percent of the GCC population is under 30.

'UAE a strategic growth market,' says National Payments Corporation of India

RuPay cards are now being issued by over 1100+ banks with a customer base of 600+ million

MenaPay Digitizing Cash In The Middle East, North Africa

The firm, established in Dubai, delivers blockchain payments tech that helps digitize cash for 80% of the unbanked population in the MENA region.

Middle East FinTech sector could raise more than $2bn by 2022, Milken says

The financial technology sector is growing at a compounded annual growth rate of 30 per cent

Oracle to launch new cloud facilities in UAE and Saudi Arabia

Company's local clients include First Abu Dhabi Bank, DP World, Landmark Group and Apparel Group

Dubai Cultiv8 invests in FinTech startup Wahed Invest in a multi-million dollar deal

Wahed said: “Technology is redefining financial services, bringing new and innovative financial prospects to the largely underserved and marginalized populace.

SC Ventures Invests in Artificial Intelligence Platform

SC Ventures has made a strategic investment in artificial intelligence services platform Digital Reasoning

Objectway Recognized by Celent as a Key Player for Client Reporting Solutions Delivering a Better Client Experience

Objectway offers different forms of client reporting: traditional PDFs, Apps, secure messaging, or remote collaboration via secure auditable video reporting.

Second Artificial Intelligence Week kicks off in Dubai

Knowing the central role AI plays

meem by GIB sponsors Smart Cities Summit

The event, which is in its fourth year, was held under the patronage of HE Eng. Essam bin Abdulla Khalaf, Minister of Works, Municipalities Affairs & Urban Planning, and featured a conference, exhibition and awards sessions

Now Money offers alternative for Gulf’s unbanked expats

Fintech targets region’s 25m low-income workers reliant on exchange houses to remit cash

Bahrain's Bwallet adds payment function for UK bank accounts

Users can scan a QR code to make cashless payments through their mobile phones.