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

Qatar should open its banking system to fintechs, says expert

Fast-growing and techno-savvy Qatar aim to leverage fintech to address pressing social, technological and financial services challenges.

Fintech to account for 8% of Middle East financial services revenue by 2022: report

Yet it also acknowledges considerable challenges to the development of financial technology, including a lack of funding, limited market reach, shortage of skills and inconsistencies in regulation.

Which digital wallet is right for you in UAE?

With the additional of Google Pay, consumers in the UAE have a lot of choices

Singaporean fintechs engage with UAE digital bank

They are integrating with the banking and financial ecosystem in the UAE

Path Solutions Named World’s Best Islamic Technology Provider For 11th Consecutive Year - The IT Firm Proves Unbeatable By International Competition

This year, REDmoney’s IFN poll received a record-breaking number of votes.

Abu Dhabi Bank Settles $500 Million Bond on a Blockchain

Jibrel Network, a UAE-based fintech startup, assisted the bank with necessary blockchain tools and infrastructure to facilitate the transaction.

Saudi Arabia Set to Launch Official Cryptocurrency in 2019

On the other hand, the Saudi Press Agency broke the news, noting that the Saudi authorities have yet to provide full details of the virtual currency.

UAE’s fintech adoption leads GCC and Middle East

Fintech to reduce funding costs for SMEs and improve financial inclusion

Emirates Institute for Banking and Financial launches research portal and mobile app

Ask an Expert is part of the portal and app offering

Saudi Arabia Monetary Authority co-developing cryptocurrency with UAE central bank

The central banking authorities of the two countries reportedly started working on the project last year.

KPMG Releases the Fintech 100, The World’s Leading Fintech Innovators for 2018

The 2018 Fintech100 was recently announced, highlighting dynamic fintechs from around the world that are transforming the financial services industry, from digital payments and lending, to insurtech, to neo-banking, as they attract investment at a record

Gulf-based fintech start-ups to raise $2bn over next decade

Interest in digital solutions from banks and government fintech accelerators are expected to support the market

Fintech on track to shape future of Islamic finance

The awards indeed shed a light on the growing importance of Islamic fintech for the industry.

New rule for ATM, credit card transactions in UAE

The Central Bank of the UAE urged banks and finance companies to create awareness through media.

Bank Leumi to bring mobile-only Pepper to the US

Israel's Bank Leumi is talking to potential partners about bringing Pepper, its standalone mobile unit, to the US.

India fintech firm eyes Mideast expansion with office in QFC

Confirming the talks with leading banks in the country, Raghu Mohapatra, group chief operating officer, said, “We will soon be announcing the implementation of our solutions in leading Qatari banks which will help them lead the way with personalised

QIB & QPAY officially launch first Islamic PoS and Online Payment Gateway in Qatar

The Islamic POS solution developed by Android smart technology will provide innovative, secure, and highly efficient payment processing services.

Should traditional banks lose sleep over the fintech revolution?

Internet finance has put on an impressive feast globally, with China blazing a trail

PayFort awarded as ‘Most Innovative Online Payment Service Provider’

The International Finance Awards is owned and managed by International Finance, a premium financial and business analysis magazine, published by International Finance Publications Ltd.

Swiss cryptocurrency firm X8 obtains Islamic finance certification

The company also plans to launch a crypto-exchange that would include a Sharia-compliant component

FinTech