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

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.

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.

'UAE a shining example of tech adoption": Binance founder tells Future Blockchain Summit

Changpeng Zhao praises leadership's attitude towards embracing technological advancements

Innovating together: what is happening in Wealth & Asset Management

Openess and API facilitate collaboration and access to innovation.

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.

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.

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

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.

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

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.

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

Is Digital Banking important for you?

Customers demand more digital services from their banks.

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.

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

The digital agenda outlook, for wealth managers

Client demands have changed and their digital experience is now a real differentiator between firms

Qatar to see surge in fintech investments; global firms eye Doha as launchpad

"Qatar’s fintech ambition is to become a global hub by promoting and empowering Qatari entrepreneurs and innovators and becoming the launch-pad for their global expansion," the report said.

Arab Fintech Forum highlights need for fintech-bank collaboration

“Their lack of having that kind of ecosystem is not a disadvantage for banks. It can actually be an advantage if they learn to leverage the potential of fintechs effectively,”

Egypt begins IPO of state payments firm e-finance

Of these, 90% of the shares will go to institutional investors and 10% to retail investors.

Technology is seen as enabler for cash management innovations: Seetharaman

Payments should be seamless and secure.

QNB, Ripple partner to enhance cross-border payments

“QNB always innovate to provide the best of service to its customers and this partnership is yet another Fintech initiative of the bank to enhance the product offerings for our customers.”

FinTech