01/06/2019
The MenaPay Payment Platform, which opens the door to digital transformation in the payment area in the Middle East, can easily provide user trust and system transparency thanks to the controllability of blockchain technology.
01/04/2019
Finacle is part of EdgeVerve Systems, a subsidiary of Infosys, and its hub enables the bank to consolidate local payment systems QIPS, and QATCH in Qatar into a single platform.
01/04/2019
Ripple has two major products xCurrent and xRapid.
01/04/2019
TradeLens is developed by tech giant IBM and Danish transport and logistics giant Maersk
01/04/2019
The UAE-based Al Hilal Bank became the world’s first Islamic Bank to complete a sukuk transaction on the blockchain on the Abu Dhabi Global Market Financial center.
01/04/2019
Three relevant examples are Switzerland with cryptocurrency and blockchain, Malaysia with Islamic banking, and Stockholm with payments, the report notes.
01/04/2019
While the partnership with Ripple is aimed for instant transactions, the recent partnership with SWIFT’s gpi will allow customers to execute same day transfer and use of funds.
01/04/2019
Related to that is a willingness and recognition that shared next-generation technology platforms can make a big difference within and across institutions to create network value.
01/02/2019
UAE-based Al Hilal Bank in November last year became the world’s first Islamic bank to execute a sukuk transaction via blockchain on the Abu Dhabi Global Market financial center.
12/28/2018
The new blockchain-based service, called NBK Direct Remit, currently allows money transfers to Jordan and will soon add services to more countries.
12/28/2018
This direct remittance is actually packaged to serve the Jordan area, it costs just KD 1 per transaction when transferring to NBK Jordan and KD 5 when transferring to other banks in Jordan.
12/27/2018
The key revelation around AI that we should all be mindful of — is if we want to progress as entities — is that the technology has now matured to a level where it is set to disrupt almost any technology-based industry.
12/23/2018
Axia is an advanced web-based investment management platform that is continuously being enriched with new and innovative tools, offering a competitive user experience across functions, creating added value to the Firm’s internal operations, client-f
12/20/2018
Fournier was commenting on RBBi’s research study on the local banking and financial industry titled “An Analysis of Banking Websites in the Gulf region”.
12/19/2018
Fournier was commenting on RBBi’s research study on the local banking and financial industry titled “An Analysis of Banking Websites in the Gulf region”.
12/19/2018
Equity crowdfunding platform FundedByMe is looking forward to next year as it has got approval to start operating in Dubai.
12/19/2018
Emirates NBD says move comes as wearable payment solutions gain popularity in the UAE
12/18/2018
The Central Bank of Bahrain (“CBB”) on Thursday issued for consultation, the draft rules on Crypto-asset Platform Operators
12/18/2018
She revealed that some 70 digital economy experts have come together for the talks, saying that such events provide an opportunity to become informed of the latest research in that field.
12/18/2018
Banks to focus on digital transformation and Emiratisation