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

UAE to act as 'beating heart' of financial innovation in Middle East

Nearly 50 percent of all financially excluded and underserved individuals are currently situated in the MEASA region.

Hong Kong, Abu Dhabi financial regulators ink fintech pact

The deal was signed in Hong Kong by Nelson Chow, HKMA’s chief fintech officer and Richard Teng, chief executive officer of FSRA.

UAE’s IT market poised to top AED 20 Billion in 2018

New smart city initiatives and enterprise growth set to bring new changes

Middle East Developer Selling Luxury Suites and Villas for Bitcoin and Crypto

Some of the biggest names worldwide are warming up to cryptocurrency,” said owner and chairman of FAM Holding Dr. Faisal Ali Mousa Al Naqbi, “therefore it is logical for us to offer people the opportunity to pay in Bitcoin or similar currency

Orange partners with Additiv to offer digital wealth management services for financial institutions

This means that the SaaS products can be easily plugged into financial institutions’ existing systems.

Banque Libano-Française, Iraq, completes Temenos T24 Core Banking upgrade

This is the first step in rolling out Temenos T24 Core Banking version R17 across the group, as the bank positions itself to drive growth across its business segments.

UAE banks collaborate to promote FinTech education

This assumes even greater significance as Dubai, through its Dubai Future Accelerators initiative, and the wider UAE continue to actively promote Blockchain, Artificial Intelligence, Big Data and several other emergent technologies

Emirates Institute of Banking and Financial Studies Launches Fintech Training Lab to Develop Talent to Meet Future Industry Needs

The agenda specifically underlined the development of talent that can integrate and apply the rapidly evolving technologies to identify and resolve business challenges

A Canadian prepaid company sees more opportunity in the UAE

Estimates indicate that around 80 percent of retail spending in the UAE is cash-based

Robo Advice and beyond. What are the gains?

Axia Robo Advisor with its cutting-edge technology achieves a unique user experience, delivering a complete offering of omni-channel wealth management services, adding significant value to their operations.

Wealth managers see AI as a game changer for HNWI and mass affluent, new Forbes Insights and Temenos report reveals

Digitalization and specifically the use of AI is positively impacting portfolio returns, and improving client communication and overall experience, stated the wealth managers surveyed in the report.

Luxury Hotel Units in UAE Available for Purchase in Bitcoin

Al Mahra Resort by Cristal is owned by FAM Holding, a business conglomerate with diversified investments across the UAE.

DFIC forms fintech partnership with Startupbootcamp

All of the efforts we are delivering are part of the broader innovation-led strategy that Dubai is promoting, guided by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai.”

Finally, a banking innovation beyond the ATM

The open banking concept can effective rewrite the rules of engagement with customers

Path Solutions achieves eight consecutive GoodAccreditation Standard

iMAL has received the GoodAccreditation standard for the eighth consecutive year

Bahrain fintech firm PIE wins Mastercard licence

The company has been investing heavily in infrastructure development, thus making high-value commitments to the future and striving to provide its customers with end-to-end services as a single provider.

With millions still unbanked, one mobile wallet aims to cater to the many, not the few

Traditional banks only cater to the top 30 per cent of earners, leaving the majority of the population to use impractical and often inefficient services

Abu Dhabi and Hong Kong further fintech collaboration

The HK-SFC and the FSRA have been active advocates of FinTech developments

Cryptocurrencies - from Wild West to widespread adoption

While the markets for Bitcoin and Ethereum and the rest might have been subdued, it's clear the cryptocurrency landscape is evolving quickly

Profile Software launches next Leasing solution

In particular, the Leasing Management module ensures end to end automation from the Origination, through the activation of Lease and up to the Debt Collection and Recovery operations.