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

Innovations are driving banking, financial services

This means that banking has gone beyond the brick and mortar structure and it is imbedded in your customer’s lifestyle journey.

Saudi market at the forefront of digital transformation

Kingdom leading consumer trends in the region, says Bain & Company Middle East partner

How to become a leading, digitally-enabled Wealth Manager

There is a shift in the market to consider flexible modular architecture as opposed to a one size fits all approach.

GTA launches direct payment service with CBQ, QNB

The GTA noted that this announcement comes to confirm its commitment to providing online solutions that would contribute to the success and facilitation of the payment of tax obligations for QNB customers.

Kuwait Finance House – Bahrain Is the First Bank in the Kingdom To Provide Customers With New Payment Solutions Through the Benefitpay App

"We are pleased to commend the efforts of KFH-Bahrain in facilitating the completion of various electronic payment transactions for customers."

Infosys Finacle rated leader in Digital Banking Engagement Solutions

Rating is for both digital banking engagement platforms and engagement hubs

Investments in Saudi fintech sector rises to $347mln

Fintech Saudi said the number of fintech companies in the kingdom had risen by 37%

Ex-Google executive raising $1 billion middle east tech fund

IPOs in the region have also recently taken prominence with Adnoc Drilling coming to the market as the largest IPO on the Abu Dhabi stock market.

Blockchain will empower smart cities of the future

For this data exchange, blockchain is anticipated to be utilised.

Jordan Kuwait Bank signs transformative deal with iGTB

Jordan Kuwait Bank to create a completely integrated, mobile first, state-of-the-art, omni-channel experience to power its growth ambitions in the Arab region based on Jordan Vision 2025.

Coders critical for digital transformation in Middle East

Red Hat is provider of enterprise open source software solutions, using a community-powered approach to deliver reliable and high-performing Linux, hybrid cloud, container, and Kubernetes technologies.

Egypt’s Banque Misr to launch its first Riyadh branch by the end of 2021: Bank’s head

El-Etreby noted that he expects Banque Misr to obtain a digital bank license by the first quarter of 2022

A Cryptocurrency Gets To The Central Bank of Israel, CBDC Is On Trial

Among the interests the Bank of Israel has in mind, they need to find an innovative means of payment that can be cheap, easily used, preferred against cash, and would not fail during a breakdown or other unprevented situations.

UAE-based Fintech Galaxy closes $2m seed round for Open Finance development

This comes as Open Finance is the next step in the Open Banking journey, which is widely adopted now in many countries, including Saudi Arabia.

The CMA announces launch of 5th batch of Financial technology experimental permit

The FinTech Lab is a legislative experimental environment that allows providers of financial technology products and services to test their innovative business models within specific criteria, time and regulatory requirements under the supervision of CMA

FinTech