05/17/2018
Why is Bahrain suddenly the center of attention for a blockchain of events
This adds to a series of initiatives aimed at incorporating the ledger technology into its business operations.
FinTech
05/17/2018
DFSA Expands FinTech Innovation Testing Programme
The ITL programme enables firms to test innovations in financial technology in or from the Dubai International Financial Centre.
05/16/2018
WealthTech investments reached 80% of last year’s total in Q1 alone
Global WealthTech funding is on track to surpass 2017’s record with over $2bn invested in Q1 2018
05/15/2018
National Bank of Kuwait and Mastercard launch payments with selfies and fingerprint-enabled cards
NBK also introduced several other new features for its online banking service and mobile app.
05/15/2018
Sponsored Content – Higher Oil Prices Will Boost Saudi Investment into Ethereum and Other Cryptos
Saudi Arabia is looking to bring smart contract awareness to the world using Ethereum, along with payment processing through Ripple.
05/15/2018
Tech and innovation are at the core of the ‘New GCC’ investment opportunities as revealed ‘Gateway Gulf’
The event showcased major investment-ready projects worth $18 billion, with projects in the planning phase driving up the value of the project pipeline to $26 billion.
05/14/2018
Ithmaar Bank launches its new state-of-art e-banking service
The user-friendly new eBanking service from Veripark provides Ithmaar Bank customers with a dynamic digital platform
05/14/2018
Dubai-based Bitcoin exchange suspends UAE dirhram withdrawals
BitOasis claims issues with their bank to blame for the measure
05/14/2018
UAE digital bank attracts 10,000 new customers per month
Liv., the lifestyle digital bank launched by Emirates NBD, said to be fastest growing bank in the UAE
05/14/2018
Profile introduces Axia Robo Advisor that delivers unique automation to address new markets
The firms benefit, among others, from the sheer automation and flexibility of the platform to manage the full advisory process, its low operating cost and fast client acquisition while delivering “independent” advice with transparency.
05/09/2018
BSS Oman Banks Association join hands for Blockchain utilisation
Tahhan emphasised the importance of collaboration to create a streamlined approach to innovation that achieves everyone’s goals.
05/09/2018
Samsung Pay launches UAE online payments option
UAE is the first country in the Middle East where Samsung Pay has been enabled
05/09/2018
Gulf Capital Acquires Strategic Stake in Saudi Arabia Fintech Geidea
The company claims to be a leading integrated software solutions provider, employing more than 400 experts dedicated to providing unique innovative information technology solutions.
05/08/2018
Dubai Holding to launch region’s first digital bank
Dubai Holding’s Digital Bank aims to provide a state-of-the-art platform to facilitate digital transactions and accelerate the drive towards a cashless society
05/08/2018
STEP2018's new format saw attendance boosted and increased investor interest in MENA tech startups
STEP2018 attracted 6,000 attendees.
05/03/2018
IBM opens Innovation & Industry Client Centre in Abu Dhabi
Centre will support customers in digital transformation programs
05/03/2018
UAB calls upon banks, Arab financial institutions to exert greater efforts to spread fintech, curb risks
It is necessary to utilise modern technologies to develop electronic financial services and reduce the use of cash, according to the union.
05/02/2018
ADFG's Algorythma launches next-gen investment management platform
Algorythma, part of Abu Dhabi Financial Group, has announced the launch of Investera, a next generation investment management platform.
05/02/2018
Bahrain's GFH buys majority stake in The Entertainer
Incentives provider offers lifestyle savings to consumers in 15 countries across the Middle East, Europe, Asia and Africa
05/02/2018
New Bank Joins Ripples Enterprise Blockchain Network
BankDhofar joined Bankchain which was a consortium made up of more than 27 banks and started in 2017 February for the exploration of Blockchain technology in the banking sector.