12/02/2021
Online transactions surge over 90 percent in Commercial Bank
Commercial Bank has seen a sharp rise in the adoption of digital banking solutions over the past few years.
FinTech
12/01/2021
QDB announces launch of ‘Investment Forum 2021’
This year’s edition of the forum also features a special panel discussion by renowned industry experts titled ‘Accelerating Economic Transformation Through Venture Capital’ and an MoU signing ceremony between QDB and QFC.
12/01/2021
ila Bank launches next generation credit cards
ila’s unique credit card comes in two forms, ‘ila Blue’ and ‘ila Switch
11/30/2021
Qatar among the biggest adopters of cloud in region
Sleiman noted the power of the cloud gives you digital tools as a small and medium business and readymade building blocks for innovation.
11/30/2021
16 more fintech firms enter Saudi market in Q3 of 2021
Saudi Arabia witnessed a 37% rise in the number of fintech firms entering the market and also recorded an increase in venture capital investments that exceeded $181mln
11/30/2021
Israel’s Bank Hapoalim to Invest $10 Million in Digital Wallet Neema
Bank Hapoalim is well-acquainted with Neema
11/30/2021
Global Finance Awards Bank Al Etihad Jordan's for the year 2021
Following numerous rounds of screening with financial institutions from around the globe, Bank al Etihad successfully won several awards for its digital presence and seamless banking solutions
11/29/2021
Qatar First Bank participates as a private investor in a Silicon Valley AI Technology Company
As a late-stage venture company, SoundHound has a strong backlog from existing customers, which include well-known car manufacturers, home appliance manufacturers, and telecom companies, among others.
11/29/2021
Arab Bank Launches the New Version of Arabi Mobile App in Bahrain
The launch of the new version of the application comes as part of Arab Bank’s constant efforts to deploy the latest digital banking solutions, offering its customers a seamless banking experience.
11/26/2021
Saudi Arabia to allow more digital banks, central bank governor says
The kingdom this year issued licences for its first digital banks, STC Bank and Saudi Digital Bank
11/25/2021
Kuwaiti bank launches digital bank with ‘its own budget’
Al-Fulaij pointed out that financial technology will play a major role in the future and we have to keep pace with that.
11/25/2021
Kuwaiti bank launches digital bank with ‘its own budget’
The digital bank targets those under the age of 34, the age group that represents two-third of Kuwait’s population
11/25/2021
EDB Business Banking App wins best banking product of the year recognition at Fintech Abu Dhabi Awards 2021
Award recognises new App for SMEs within two months of launch
11/24/2021
NBB upgrades digital banking app
The new app will introduce a number of enhanced features
11/24/2021
Arab Federation for Digital Economy, Union of Arab Banks launch 'Huma Wealth' programme in cooperation with GCEL
Based on the MoU, the programme will be put in place through a digital platform that will provide new tools and enablers for the B2B market, which will improve efficiency and transparency levels and help companies cut down the risks of doing business and
11/24/2021
Active.Ai powers ‘Zaki’, Qatar Islamic Bank (QIB) ‘first-of-a-kind’ AI virtual assistant available in Arabic and English
They can update their personal detail, enquire about their accounts balances and transactions, and perform transfers within their own QIB accounts to other QIB accounts and local transfers to other banks inside Qatar.
11/23/2021
Firms are focused on increasing flexibility and reducing costs to drive efficiency
One way is through automating manual processes.
11/23/2021
HSBC joins the Abu Dhabi Global Market Digital Lab
One of the key challenges financial institutions encounter when adopting new innovations and digital solutions is integrating them with their legacy systems in a timely and cost-effective manner
11/22/2021
69-Year Old Israeli Lady Turned a $3K Bitcoin Investment to $320K: Now the Bank Refuses to Deposit
After 100x her initial investment, Bank Hapoalim denies depositing $320K in profit Esther Freeman earned from her BTC investment
11/22/2021
ahlibank receives JP Morgan Chase Elite Quality Recognition Award 2021
This prestigious recognition is a validation of ahlibank's commitment to ensure absolute accuracy and efficiency while handling electronic fund transactions and commercial payments