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

UAE leads Middle East’s digital wallet revolution

Samsung Pay, Apple Pay and Google Pay already allow saving of debit or credit card details.

Middle East's regulated Crypto-Asset Trading Platform, CoinMENA has officially launched

To mark its launch, CoinMENA is offering rewards via its unique two-way referral program for a limited time

First Digital goes live as Israel's first new bank since 1978

Israel has five main banking groups, led by Hapoalim and Leumi, which together account for more than half of the market.

Fintech and Wider Financial Services Regulation with Dubai Financial Services Authority

In addition to regulating financial and ancillary services, the DFSA is responsible for administering Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) legislation that applies in the DIFC.

New digital authority aims to enhance automation, reduce duplication

Digital Government Authority will lead to the automation of government services and better coordination between ministries and other state bodies

Banking on SAMA’s advice to combat financial crime

SAMA has defined fraud as “any act involving deceit to obtain a direct or indirect financial benefit by the perpetrator or by others with his help, causing a loss to the deceived party.”

ADIB recognised at Gulf Customer Experience Awards for its digital transformation strategy

The award recognised ADIB's digital banking offerings, a core aspect of the bank's growth strategy

Stepping up for SMEs

Using a robust-technology-driven platform, Beehive connects small businesses seeking fast and affordable finance with investors who can support their aspirations for growth or help with cashflow

Robo-advisors: the future of wealth management

Using algorithms to deliver tailored solutions, robo-advisors make investment affordable

AI in the UAE: Falling short of expectations despite huge business, educational potential

But the vast majority of organizations in the wider EMEA region, including the UAE, are still at the early stages of exploring the technology’s potential (52%) or still require significant organizational work to implement an AI/ML solution (36%).

Seven essentials to digital transformation in banking

A successful transformation requires a simplification of these myriad applications to ensure a seamless back-end operation.

UAE-based neobank YAP debuts country's first independent digital banking platform

YAP already has more than 20,000 pre-registered consumers

Suez Canal Bank selects Temenos core package

This will help the bank achieve its strategic goals to grow sustainably while delivering more value to customers and shareholders.

AppTech and NEC Payments Announce Financial Close of their Agreement

The merging of AppTech’s merchant services and secure text payment solution with NECP’s digital account

Top Egyptian Bank Selects Temenos to Transform Digital Banking in Egypt

Temenos’ digital banking platform will help Suez Canal Bank drive sustainable growth and financial inclusion in country where more than 40 million are unbanked

Open Banking: the opportunities and the risks

Strong customer authentication must be adopted to make open banking a success

Anghami to be first Arabic technology firm to list on Nasdaq New York

UAE-headquartered music streaming service plans to rival Spotify, Deezer with US IPO

Qatar, UAE, Iran and Egypt making big strides in digital inclusion

Qatar, the UAE and Egypt are among the top five most improved countries when it comes to digital inclusion between 2017 and 2020 – each having jumped eight spots on the Roland Berger ranking.

PwC's Experience Centre hosts region's top FinTech start-ups

Most recently, this has seen the advisory and auditing giant play host to Startupbootcamp FinTech Dubai at its Experience Centre in the city.

FinTech and digital transformation headline at the 10th Annual Middle East Banking Summit

Another discussion featuring Sid Bhatia from Dataiku, Ahmed Alrefaei from Arab Bank for Investment & Foreign Trade, Sri Lakshmi from First Abu Dhabi Bank and Alok Gupta from HSBC.