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

FinTech in UAE: UAE residents now have new ways to spend and save money

‘Buy now, Pay later’, transferring money to friends, instant credit – anything is possible

Consortium of companies to establish Saudi digital bank

Digital-only banks conduct business mainly through digital channels such as the Internet and mobile applications.

Another milestone for FinTech Saudi

The new system, which is under the supervision of the Saudi Arabian Monetary Authority, will further enable these entities to manage their cash flows, boost transparency, and enhance the quality of services provided.

Experts stress need for data privacy

Also, one of the challenges in cyber security is the lack of collaboration among countries in sharing data.

Hub71 attracts over 100 start-ups in two years as tech ecosystem gears up for global growth

The global tech ecosystem aims to build on its existing community by focusing on attracting the best-in-class tech talent, entrepreneurs and investors

The Family Office Launches Its Digital Platform

The platform of The Family Office also enables prospective clients to open accounts digitally through an entirely paperless process.

GCC Consumer Confidence out performs that of G8 Nations

The GCC is among the most optimistic regions in the world with KSA leading globally in consumer confidence despite the Covid-19 pandemic

Middle East startups are getting way too 'overvalued', says Israeli tech investor whiz

COVID-19 creates situation where anything digital now comes with high markups

Data will pave way for sustainable smart cities

Unified data and analytics equip smart organisations, and smart city operators, with more reliable information for making decisions

On cloud nine: Saudi Arabia embraces the digital revolution

With major deals involving Aramco, Google, STC and Alibaba, the Kingdom is a major player in the cloud sector

Unlocking the potential of Industry 4.0's predictive maintenance

One of the key drivers of Maintenance 4.0 is the use of digitisation and data exchanges to perform cost effective and efficient maintenance before the equipment actually fails or becomes damaged.

Anglo-Gulf Trade Bank selects Fenergo for client lifecycle management

AGTB aims to address the gap in the trade finance market by becoming the first digital bank servicing the sector, providing trade clients with unprecedented client experiences.

International Development Bank in Iraq goes live on Path Solutions' iMAL*BL

This project is fundamental to IDB’s digital transformation strategy to improve customer experience

Path Solutions assisted IDB Iraq to get AI-ready

This project is fundamental to IDB’s digital transformation strategy to improve customer experience

Users will be able to sort their spending into over 250 categories from today.

With the fintech also laying the groundwork in the Middle East after joining the first-ever Qatar Fintech Accelerator programme in October.

7 FinTech Trends to Keep an Eye on in 2021

While mobile banking apps are not new to the market, there is still room for innovative solutions that can serve customers in a more effective and efficient way.

GELLIFY Middle East calls for improved data regulations

Open banking then allows customers to conveniently pay for retail purchases using their bank loyalty points or using mobile wallets, a virtual wallet that stores payment card information on a mobile device.

Anglo-Gulf Trade Bank Disrupts Global Trade Banking with Fenergo

Addresses chronic shortage of trade finance to businesses globally with Fenergo’s API-led CLM solutions

Riyadh set to be epicenter for hyperloop technology

Virgin Hyperloop plans to create thousands of Saudi jobs, set benchmark for global network

BisB posts big response to mobile corporate accounts

To ensure the highest level of security, the fully digitally automated service requires customers to sign up via face ID Selfie as an added level of authentication