10/21/2021
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
FinTech
10/21/2021
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.
10/21/2021
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.
10/20/2021
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
10/20/2021
Egypt to spend over $2bln to enhance internet efficiency, says minister
The project includes delivery of fiber optic cables to around 4,500 villages in the next three years
10/20/2021
Digital change: the magic solution?
The take up for this is very encouraging and firms have seen a significant improvement in client satisfaction as a result.
10/20/2021
NBB announces shortlisted teams from Digital Banking Challenge
The NBB Digital Banking Bootcamp was held in September and welcomed participants at BFB’s co-working offices.
10/19/2021
'UAE a shining example of tech adoption": Binance founder tells Future Blockchain Summit
Changpeng Zhao praises leadership's attitude towards embracing technological advancements
10/18/2021
Innovating together: what is happening in Wealth & Asset Management
Openess and API facilitate collaboration and access to innovation.
10/18/2021
Egypt consumer finance pioneer launches deferred-payment startup
Egypt's financial tech and online payment market is booming, as the government of the most populous Arab country encourages more cashless transactions and e-commerce sales surge even as small retailers remain key and cash is king.
10/18/2021
Doha Bank’s Doha Pay Wallet wins ‘Best Digital Wallet App’ award
Doha Bank customers can enjoy these quick, safe, and seamless payment features simply by downloading the application from the Apple and Google Play App stores and enrolling their Doha Bank credit or debit cards to the wallet.
10/18/2021
Dubai’s Mashreq Bank scores a regional first with new API portal for businesses
Mashreq’s move allows app developers to use its API for use in their work
10/18/2021
SABB’s international remittances grow by over 50%
SABB has developed international transfer services through its digital channels, in partnership with the financial technology companies MasterCard Send and Ripple.
10/18/2021
Mashreq Bank signs partnership with Visa to support e-payments, digital solutions
Latest partnership aligned with Egypt’s ambitious strategy to encourage electronic payments ecosystem in country Daily News Egypt October 17, 2021 Comments Offon Mashreq Bank signs partnership with Visa to support e-payments, digital solutions
10/18/2021
UAE online platform Policybazaar to run real-time credit score checks
This will enable individuals in the UAE to obtain their AECB Credit Scores through digital channels thereby facilitating access to credit information and making the credit score an integral part of business practice.
10/15/2021
How Dubai's crowdfunding initiative is filling 'massive' gap in SME financing
Dubai Next, the first digital crowdfunding platform in Dubai, was launched earlier this year by Crown Prince Sheikh Hamdan
10/14/2021
Is Digital Banking important for you?
Customers demand more digital services from their banks.
10/12/2021
Alvarez & Marsal brings its Relativity partnership to the UAE
The deal sees Alvarez & Marsal integrate the RelativityOne solution into its offerings, providing the consultancy with an “enhanced offer for e-discovery and internal investigations,” said Daniell.
10/12/2021
Strong consumer appetite for digital banks in Saudi Arabia: Boston Consulting Group
52% of Saudis would be comfortable making the change, and 63% are actively looking for new lending offers, says US consulting firm Boston Consulting Group in its 2021 Consumer Sentiment Study in Banking report
10/12/2021
The digital agenda outlook, for wealth managers
Client demands have changed and their digital experience is now a real differentiator between firms