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

ADIB Egypt partners with SimpliFi to boost e-payments

The collaboration came in line with the bank’s objective to expand its portfolio and enhance its digital solutions

Saudi Central Bank allows Lean Tech and Mod5r to regulatory sandbox

The fintech provides a platform that allows its clients to integrate with their customer's bank accounts to retrieve relevant information or initiate bank transfers.

How UAE banks can ride the digital wave to a new era of peerless service

Harnessing emerging technologies leads to enhanced compliance and reduced costs

Number of users affected by spyware in the Middle East decreases in the second quarter of 2022

Enterprises remain on alert

Geidea partners with MOXEY to offer inclusive digital payment solutions to land freight merchants

Partnership will deliver a suite of integrated digital payment solutions for MOXEY merchants network across freight and mobility sectors

ADIB-Egypt and Simplifi partner to expand the digital payments ecosystem in Egypt

This partnership demonstrates both entities’ commitment to constant innovation, introducing unprecedented services and solutions to Egypt’s Banking and FinTech industries.

Commercial Bank launches Google Pay in Qatar

In order to set up Google Pay and avail of this service, customers should first download the Google Wallet App from Google Play store.

Volante Technologies Research Reveals Middle East and Africa Financial Institutions Have Ambitious Payments Modernization Plans

Region poised to make more investment in payments modernization over next two years than any other geography

Saudi fintech firm Tamara raises $100mln from Sanabil, Shorooq Partners

Latest investment round also participated by Coatue, Endeavor Catalyst, Checkout.com

Dubai fintech Huspy buys out Just Mortgages, Finance Lab to widen mortgage services base

Acquiring Just Mortgages and Finance Lab adds more coverage for proptech firm

Bank Muscat launches Soft Token App to authenticate Internet banking transactions anytime, anywhere

Using the Bank Muscat Soft Token App, customers can approve financial transactions by tapping on push notifications received on their registered mobile device and authenticate non-financial transactions through One-Time Passwords (OTPs).

BisB launches ‘end-to-end’ mobile account for corporates

“Following the successful launch of our corporate digital services in September 2020, BisB is eager to continue its efforts in offering its clients digitised banking solutions that will result in a shift in the banking sector in Bahrain.”

Incubeta MENA announces change in management structure to execute on global growth strategy

Following the acquisition of Bruce Clay MENA

UAE-based tech firm launches $10bn fund in partnership with Abu Dhabi Growth Fund

Managed by a G42 subsidiary, the fund will focus on growth companies in computing, communication technology, intelligent mobility, clean tech, digital infrastructure, fintech, healthcare, and life sciences, Wamda reported.

Businesses have to switch to CEP to acquire and retain customers and stay relevant

MoEngage Study in MEA points to restricted offerings by CDP and CRM platforms

Emirates NBD And Microsoft To Launch Accelerator Program For Metaverse Start-Ups

In line with the success of the Dubai Metaverse Strategy, which attracted more than 1,000 firms in the disciplines of blockchain and metaverse, this will be Emirates NBD’s first attempt into the metaverse.

Abu Dhabi AI Firm Sets Up $10 Billion Fund for Tech Deals

The move comes as Abu Dhabi -- a city that’s among the few globally to manage over $1 trillion in sovereign wealth capital -- ratchets up efforts to plow oil revenue into the technology sector and diversify its economy.

NBK enables its customers to update their information using Virgin mobile

Al Shoaibi: We are keen to enrich our customers’ banking experience and to allow them easier and faster banking

Impact of AI on Financial Crime highlighted at EIBFS leadership session

The series was launched as part of EIBFS continued efforts to drive the thought leadership in the financial sector in line with UAE’s vision of becoming a knowledge-based economy

AFS launches its proprietary BPay app

Replacing its joint AFS / Batelco bwallet