11/12/2018
First Abu Dhabi Bank taps AI tools for merchants portal
FAB said that the portal compares performance of merchants’ brands with their competitors and tracks industry trends.
FinTech
11/11/2018
Running behind: Arab regulators need to move faster and in step to catch up with banking innovation - Dubai-based fintech CEO
Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day
11/09/2018
Dubai payments firm Network International selects banks for potential listing
The IPO could value the firm at about $3bn
11/09/2018
Middle Eastern Nations Aim to Become Force for Innovation
Digital transformation is changing the look of cities in the region, and it has emerged as a surprising leader of smart cities and other newer technologies.
11/08/2018
Bahrain authority recognises InfoWatch’s contribution to cybersecurity
The company then received an award in the International Recognition category.
11/08/2018
WeInvest sets eyes on UAE, opens office in DIFC
The Singapore firm, a finalist at the FinTech Hive initiative, is a robo-advisory platform-as-a-service provider for financial services provider
11/08/2018
Standard Chartered rolls out instant messaging service for priorty clients
Clients will also be able to do video and voice calls and conferences with their Private Bankers and Relationship Managers, and invite additional Investment Advisors or Specialists as needed.
11/07/2018
Dubai’s first regulated cryptocurrency exchange launches
UAE is open and very positive about cryptocurrencies, AI and other nascent technologies and increasingly attracting investments and startups in these areas.
11/07/2018
QAB Launches Innovation Lab, Hub
Those interested can register for the Innovation Hub competition, that will be held on January 25, with their proposed idea and names of team members on www.oman-arabbank.com/theinnovation hub.
11/07/2018
Dubai with its first official cryptocurrency exchange
Dubai has set the ambitious goal to have its government operations 50% blockchain-based by 2022. A stablecoin called Emcash is also being discussed as a possible future step for Dubai.
11/06/2018
Temenos further strengthens relationship with Arab Bank for Investment and Foreign Trade (Al Masraf)
with signing of digital change management and training platform, TLC Engine
11/05/2018
Singapore-based digital wealth startup WeInvest expands to UAE
The spokesman added that wealth penetration within banks in the Middle East has been low for private and retail banking customers.
11/05/2018
DIFC set to make first investment from $100mln fintech fund
Fund is "in the process of being seeded and structured as we speak", says chief business development officer Salman Jaffery
11/04/2018
Crypto giant Ripple plans to open office in Dubai
Senior Ripple executive says Middle East is important as a new market for the company
11/02/2018
Ripple Announces Expansion in the Middle East, Reveals Nearly 200 Financial Institutions Have Joined RippleNet
On average, every six days Ripple is adding a new customer to its network of payment providers that utilize the company’s software solutions to process cross-border payments.
11/02/2018
Dubai’s IFC becomes a hive of activity for Fintech start-ups
As many as 25 per cent of he applications were from Dubai-based start-ups
10/31/2018
Fintechs blend technology and traditional processes
Innovations in the field of RegTech, blockchain, robotics, Artificial Intelligence (AI) and digital-only banking are fuelling fintech's rapid growth in the region.
10/31/2018
Bank Hapoalim Partners With Local Startup to Give Biometric Access to Bank Accounts
Using AnyVision’s facial recognition technologies, the bank can let customers open a bank account online without having to come to the bank personally, Ronen Yochpaz, a vice president at the bank said
10/30/2018
Islamic banks slow to adopt tech, start-ups drove innovation in Shariah-compliant finance in 2017: study
The study also said there is still "substantial" white space for the Islamic finance industry to develop, in particular through a closer alignment to the United Nation's Sustainable Development Goals (SDGs) and broadening access to private
10/30/2018
Deciphering the fintech boom in the Mid East
It is still at a very nascent stage, but with 86 per cent of adults in the region remaining unbanked and with some of the highest mobile penetration rates in the world, the Middle East market is ripe for testing and scaling these new technologies.