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FinTech

02/23/2022

Finastra partners with DataGear to help corporate banks in Egypt optimize core processes

Reseller agreement will enable DataGear customers to automate corporate banking operations, reduce costs and seize new opportunities for growth

02/23/2022

The Middle East already has a crypto hub, and it's not Dubai

Binance isn't even licensed as an exchange in Dubai.

02/22/2022

Crypto-assets regulation around the world

Integral to the crypto-asset ecosystem are crypto exchanges

02/22/2022

Doha Bank enhances online banking platform

"The need for accuracy and agility through digitalisation of corporate banking services is most critical in domestic and cross-border trade."

02/22/2022

UAE's Mubadala leads $500mln investment round for Princeton Digital

Abu Dhabi's strategic investor puts in $350mln

02/22/2022

UAE's credit bureau introduces app to curb bounced cheques

ChequeScore to produce a score of between one and 99 percent to show likelihood of cheques bouncing

02/22/2022

Saudi fintech firm EdfaPay raises $1.6mln

Company enables merchants to accept payments using a smartphone

02/21/2022

AI wealth manager FinaMaze opens the metaverse to UAE investors

The portfolio offers retail investors exposure to companies operating in the metaverse

02/21/2022

UAE, GCC embrace digitisation faster in Middle East

GCC is the seven largest export destination for Germany outside Europe

02/21/2022

Abu Dhabi wealth fund bets on scientific approach using quant experts

Adia has built a 50-strong team of physicists, academics and data specialists to identify and take advantage of market anomalies

02/18/2022

mSME enabling platform, Setup in Abu Dhabi, launched

Setup in Abu Dhabi’s 25 partners, including ADIO, Twofour54, Masdar, Khalifa Industrial Zone, ADDED, Telr and Hub71, will support the platform

02/18/2022

SAIB taps Moneythor to roll out intelligent PFM

The Moneythor solution is powered by real-time data

02/17/2022

HWGG Capital expands regional footprint

In a statement, the company said the regional expansion is expected to commence in the first quarter of 2022.

02/17/2022

QIB launches new 'instant finance against deposit' feature on its mobile app

All transactions can now be completed within a few steps and customers will reap the benefits of the advanced

02/16/2022

Saudi cabinet approves licensing third digital bank

The two other digital banks, STC Bank and Saudi Digital Bank, were licensed last year

02/16/2022

UAE's robotics start-up Micropolis raises $4m to fuel growth

New funds will be used to accelerate commercial production capabilities and improve R&D capability

02/16/2022

Saudi Arabia’s sovereign fund backs new digital bank called D360

The Saudi cabinet approved a licence for D360 bank on Tuesday

02/16/2022

Ahlibank brings Apple Pay to customers

Apple Pay is accepted in grocery stores, pharmacies, taxis, restaurants, coffee shops, retail stores, and many more places.

02/15/2022

UAE Digital Bank Zand Wins Franklin, Aditya Birla Backing

Digital banks have taken off with the spread of finance technology in Middle East

02/14/2022

ADQ gets licence to set up digital banking platform

The digital banking platform’s primary shareholders ADQ and Alpha Dhabi, one of the fast-growing investments holding companies in the Middle East, own a combined stake of 65 per cent.

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