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

Cybersecurity tactics for the coronavirus pandemic

The COVID-19 pandemic has presented chief information security officers (CISOs) and their teams with two immediate priorities.

Batelco introduces same-day home delivery to serve its customers

Batelco's support channels, batelco.com, Batelco App, Live Chat and WhatsApp Sales, will be accepting orders for devices and services.

Rise, GCC’S leading FinTech platform for modest-income migrants raises seven-figure investment led by MEVP

The suite of services offered by Rise includes the ‘no minimum balance’ bank accounts, remittances, consumer loans in both UAE and migrant home countries, and bespoke insurance products.

Digital stability: How technology can empower future generations in the Middle East

The upward trend in internet penetration rates – which vary by country – is driven by the declining cost of smartphones and mobile internet access.

Top Global Digital Intelligence Trends for 2020

2020 Annual Digital Intelligence Industry Benchmark Report Reveals Law Enforcement Agencies Have a Growing Reliance on Data Analysis with 90 Percent of Cases Involving Digital Devices & Cloud Applications

Saudi job seekers urged to use online career platform

Subol informs about skills required in the Saudi labor market, listing high-in-demand professions and giving professional guidance

Personetics partners with the Avaloq.one Ecosystem

This is the latest international addition to the growing list of selected fintechs on Avaloq.one

UAE FinTech platform Rise raises over $1 million for GCC expansion

The start-up offers financial products and services for modest-income migrants

Mayer Brown launches multifaceted COVID-19 support platform

New platform includes web portal, blog and global travel tool

Saudis take on self-isolation through the internet

Public urged to stay in their homes to reduce possibility of further virus outbreak

SEED Group forms new strategic partnership with 8topuz in MENA region

One of the most exciting aspects of the partnership with SEED Group is the alignment of SEED Group’s agenda to diversify the region’s economy with AI and technology.

Egypt's central bank to support e-payments, fintech, and more

The strategy also aims to turn Egypt into a leading centre for fintech in Africa and the Arab world, the online publication added.

Banking Challenger Moven Partners STC Pay to Introduce New Banking Service for Young People in Saudi Arabia

As reported by American Banker, Ahmed Alenazi, CEO at STC Pay, and Brett King, founder and CEO at Moven, recently signed their partnership agreement.

UAE’s FlexxPay receives new investment from MEC Ventures

MSA has invested over $1b in the last four years in AI, genomics, mobility, and SaaS companies.

Saudi shift toward cashless society paying e-dividends

The authority has also introduced initiatives such as the Elevation program, to incentivize merchants and cardholders to increase cashless payments, and putting a cap on the value of customer cash transactions with corporate merchants.

Fiorano drives digitalization at Credit Agricole with flexcube core banking system integration

Fiorano Establishes a Robust and Flexible Infrastructure Connecting the Bank's Extended Network of Channels and Partners

Top 10 Fintech startups in Middle East and UAE

Established in 2014, Beehive is the first P2P lending platform in the MENA region to be regulated by the DFSA.

$135bln invested in Fintech in 2019: KPMG

The main theme for 2019’s global fintech market was diversity

Why the time is right for a UK-Saudi tech hub

A new organisation could act as an umbrella to support innovation and research links between the two nations

Fintech: building smart cities in Dubai

In recent years the fintech industry has been dominated by US and European markets with scarce mention of the UAE, which has been responsible for just US$66.6mn of investment