03/08/2019
UK and Turkey push Islamic finance through fintech
The UK and Turkey have launched a joint initiative to try and scale Islamic finance through the fintech sector.
FinTech
03/07/2019
Jersey and Bahrain building financial and digital ties
JERSEY is forging closer ties with Bahrain, in particular in the areas of financial services and digital.
03/07/2019
Palestine Islamic Bank selects Temenos Software
Largest Islamic bank in Palestine chooses cloud-native, cloud agnostic next-generation Temenos Infinity and Temenos T24 Transact to transform the customer experience and achieve operational excellence
03/07/2019
Doha Bank tapping technology to boost operational efficiency
The bank aims to take advantage of artificial intelligence, robotics and blockchain in digital shift
03/07/2019
Cryptocurrencies: Fad or future?
The UAE and Saudi Arabia have pledged to launch a joint cryptocurrency and pioneer regulations for digital currencies, but concerns behind feasability remain
03/07/2019
Boubyan launches an all-new Mobile Banking App
Boubyan App launched
03/05/2019
Bahrian invites India to leverage new policy on crypto and blockchain
The offer extended by the EDB is not specifically focused on the crypto and blockchain related businesses, but extends to other industry and business collaborations as well.
03/05/2019
Kuwait-based bank digitises 50 million documents with Alaris
The Bank decided a few years ago that in this digital age, to maintain its position as the leading financial institution in the country, it needed to embrace digital transformation.
03/05/2019
ACI Worldwide inaugurates SWIFT gpi solutions for NBK
ACI World’s gpi solutions enable banks to quickly and efficiently support gpi payments.
03/04/2019
Bahrain invites Indian fintech firms to set up base
Bahrain provides a plethora of opportunities to Indian fintech firms for open banking, blockchain, crypto assets, robo advisory and remittances.
03/04/2019
Fintech P2P SME Lending Platform, Beehive, Raises Further $4m Investment as Part of a Series B Round
The investment follows the recent announcement of Beehive's partnership with Thanachart Bank in Thailand to provide a new Value Chain Financing Program for SMEs.
03/04/2019
Middle East fintech investments make up just 1% of global total - Bahrain Fintech Bay CEO
Bahrain and Saudi Arabia are developing closer links in financial technology, Khalid Saad told Zawya
03/03/2019
Downside of Technology for Advisors: Increased Cybercrime
But there’s a problem, the firm notes: “Our data suggests that despite acknowledging clients’ rising level of concern with regards to cybersecurity, so far the industry has underestimated — if not dismissed — these risks.&
02/28/2019
Waqfe unveils next generation banking platform called Aion Digital
The launch coincided with the expansion of Aion to UAE market and signing of a major multiyear contract with a significant confidential financial institution.
02/28/2019
Alhamrani Universal & ShoCard Develop Biometric ATM For Saudi Arabian Market
Alhamrani Universal, Saudi Arabia’s largest ATM provider, is the first to develop a blockchain powered biometric authentication ATM compatible with local banks
02/27/2019
Shariah-compliant cryptocurrency exchange ‘Rain’ set
Rain aims to deliver more value with a Shariah-compliant cryptocurrency exchange.
02/27/2019
ACI Worldwide Honored at MEFTECH Innovation Awards for SWIFT gpi Initiatives with Middle East Financial Institutions
ACI’s UP Real-Time Payments solution SWIFT gpi capabilities win award for ‘Best Use of Emerging or Innovative Technology’
02/27/2019
Omani Bank To Use Ripple’s RippleNet Network For Cross-Border Payments
The platform’s rapid growth now sees it boast of having some of the major payment providers within its ranks, including firms like JNFX, Transpaygo, SendFriend, FTCS and the Euro Exim Bank.
02/27/2019
Intellect Design wins deal from Emirates NBD
The project incorporates iGTB's (Intellect Global Transaction Banking) digital transaction banking platform driven by the integrated front-end, omnichannel CBX portal to deliver a smooth user experience to Emirates NBO's corporate clients.
02/27/2019
Emirates NDB turns to Intellect Design for transaction banking overhaul
Emirates NBD’s four-year digital transformation is now half-way complete, with an expected end-date of 2020