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

Network International releases Tap on Phone tech to merchants in the Middle East and Africa

Making sure that SMEs have all the support they need to go digital and grow digital is a key focus for Mastercard and Network International.

Personal web and mobile experience key to Mideast banks’, fintechs’ customer retention

Accelerated by the pandemic, the region is observing a growing demand for real-time electronic payment methods

Sequoia Capital India makes Gulf debut with $33 million investment in Saudi fintech Lean Technologies

Sequoia’s funding for the Saudi fintech’s Series A round is joined by other international investors including New York-based Liberty City Ventures and former General Electric CEO Jeff Immelt.

Saudi FinTech start-up Lean raises $33m to expand its operations

The capital will be used to grow its team and expand in the region, the company said

Bank ABC Wins Big

Submissions are evaluated on various subjective and objective criteria, including profitability, market share, customer service, pricing, innovation, and the extent to which nominees differentiated themselves in the industry.

Batelco launches three new digital companies

BEYON Cyber, BEYON Solutions and BEYON Connect will provide state-of-the-art solutions

FSS partners with UAE's first digital banking platform

Under the partnership, YAP and FSS would work to deliver greater value to customers by combining the FSS Unified Card Issuance Platform

First Abu Dhabi Bank to partner with Thomas Murray

The information from FAB is set to benefit subscribers, ensuring they are kept up-to-date and follow local regulations in relation to the trade and post-trade process.

ADIB awarded Best Digital Platform for Corporates

ADIB's digital banking platform for businesses allows the integration of a payment gateway system with a digital wallet whilst also simplifying and automating client on-boarding

QIIB brings Apple Pay to customers

Customers can also use Apple Pay on iPhone, iPad, and Mac to make faster and more convenient purchases in apps or on the web in Safari without having to create accounts or repeatedly type in shipping and billing information

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