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

Gulf Data International implements FaceTec’s leading 3D face authentication software at First Abu Dhabi Bank (FAB)

The system provides unparalleled security during user onboarding

FAB goes live with Arab Monetary Fund’s Buna system

Payments are settled in real time as the remitter and beneficiary banks are direct platform participants.

Gulf crypto firm Rain Financial raises $110mln

Backers include Silicon Valley firm Kleiner Perkins

Coinsfera Bitcoinshop, Bitcoin Exchange in Dubai, is Awarded in The Largest Blockchain Conference

Blockchain Economy Summit is the annual event to bring all cryptocurrency communities together all over the world.

Digital Transformation Being Pushed at Faster Rate by Financial Services Firms, New Broadridge Survey Finds

Increase in implementation and interest in AI, the Cloud and blockchain

Saudi fintech joins battle for US retail investors

Quant Alpha platform offers artificial intelligence-powered software for investors

Saudi Arabia, UAE better placed than UK, Germany for AI innovation: report

Survey shows 50 percent of Saudi/UAE employees able to automate day-to-day tasks

BBK launches new digital banking channels

The two platforms offer a unified banking experience by combining new and existing services

Iraqi Middle East Investment Bank goes live with CapitalDigital

The bank will enable its customers to save time allowing them to benefit from IMEIB services anytime and anywhere, through CapitalDigital.

Dissolving business boundaries and new tech are exciting prospects for UAE capital markets

The capital markets must adapt as technological changes and platform operators redraw the landscape

Central Bank of Bahrain and JP Morgan conduct successful digital currency settlement test

The CBB says the successful completion of the test with Onyx, the first of its kind in the region

United Arab Bank implements Complete Data Protection

The solutions will play an important role in improving our operations and systems across our offices and branches.

Saudi fintech investment jumps as regulators set 2021 landscape: Year in Review

This is followed by more formal seed and series stages, where equity in the business is traded.

Qatar expected to witness surge in e-commerce and fintech activities

Qatar’s National Vision 2030 includes a specific objective to develop a world-class technology infrastructure and services to enhance the quality of life in Qatar.

Central bank of Bahrain trials JPMorgan blockchain and token

Bahrain’s central bank initially announced the JPM Coin trial in May 2021.

Bank Muscat launches ‘Integrated Transaction Banking Platform’

Bank Muscat’s digitally-enabled services ecosystem will play a major role in accelerating corporate B2B and B2C transactions, unfolding a digital economy and promoting a customer-centric business model, which is vital to Oman Vision 2040.

Bahrain central bank trials JPM Coin

JP Morgan created the JPM Coin digital token in 2019 to enable the instant settlement of transactions between the bank's wholesale payments business clients.

CBB, ALBA, Bank ABC and Onyx by J.P. Morgan complete test with blockchain based JPM coin system

This is a first of its kind test of JPM Coin System in the region

Future Fintech’s FTFT Capital launches cryptocurrency platform

FTFTX collects global currency and market data, directly linking markets and exchanges and making the data available to users 24 hours a day

Middle East Finance Giant Launches Voice Banking Alexa Skill

Customers of the Dubai-based Emirates NBD can set up the Alexa skill on Echo smart speakers and displays.

FinTech