05/05/2020
Gulf Insurance Group acquires stake in yallacompare for $4.25 million
Investment is part of GIG’s digitization strategy and expansion plans
FinTech
05/04/2020
UAE sees 78% surge in contactless payments: report
The service aligns with this consumer trend and can be used to make safe, quick, and easy purchases from almost any location.
05/01/2020
Asset gains: Bitcoin surge lights up global crypto market
Soaring past $9,000, it packs enough momentum to go even higher
04/30/2020
Do not click that link if you are not sure
United Arab Bank has a sophisticated security alert system in place to protect its customers and their assets.
04/30/2020
Israeli Blockchain Startup 2key Launches New Ethereum-based app
The feature is coming right at a time when the online broadcasting industry is in high demand, and online conferences are on the rise due to the coronavirus crisis.
04/30/2020
Arab Bank Switzerland Leads Major Series A for Swiss Digital Assets Firm Taurus
Arab Bank Switzerland has closed a $10 million+ Series A financing round for Swiss digital asset infrastructure firm Taurus Group.
04/29/2020
ADGM aims to use AI to automate licence application
AI to facilitate the quick and compliant entry of new players to support rapid industry growth
04/29/2020
British Business Group in the UAE launches new website to support companies
Nearly 65 per cent of British companies in the country said in a survey conducted by the group that they needed more clarity on the UAE government schemes available to them
04/28/2020
Reliance on technology increases risk of cyber attacks
Government and private entities in Qatar have resorted to the use of social media platforms to spread useful information and educate citizens and residents about the measures taken and guidelines to combat the spread of the virus in the country.
04/28/2020
QIB adds innovative new features to its Mobile App
Through the updated QIB Mobile App, customers can now request for a temporary credit limit increase, in real time, on all their Charge cards, including Qatar Airways co-branded cards.
04/28/2020
DCG responds to members’ concerns over COVID-19 impact
DCG has been closely working with Dubai Chamber to highlight the concern of the industry and seek support.
04/28/2020
Clients onboard to digital channels: NBD
A front-runner in digital banking innovation, Emirates NBD recently received international recognition for its ‘Transformation in Transaction Banking’ from leading international experts in financial services technology, Celent Research.
04/27/2020
Saudi banks need to accelerate digital transformation: KPMG
KPMG in Saudi Arabia, has published its analysis of Covid-19 impact on the banking sector
04/24/2020
How banks are going digital to manage COVID-19
Looking beyond the crisis, the document underlines that many of the ‘rapid response’ quasi-digital solutions in place or being put in place currently will be re-examined and likely withdrawn post-crisis
04/23/2020
TCS to power Israel's first fully digital bank
"This initiative is seen as a bid to boost competition in the financial services sector, spark greater innovation and enhance customer experience by democratising access to banking in Israel by making financial services accessible to the consumer
04/22/2020
World FinTech Report 2020
FinTech collaboration is even-more essential now for banks to achieve customer-centricity
04/22/2020
Yemen’s Fastest Growing Bank Selects Temenos
Al Kuraimi Islamic Bank, one of the most innovative banks in Yemen, chose cloud-native, cloud-agnostic Temenos Infinity and Temenos Transact to deliver digital banking services for the Islamic market
04/22/2020
UAE’s Virtuzone launches free online marketplace for SMEs
The platform will allow businesses to offer time sensitive deals to customers
04/22/2020
UAE’s rental app aims to take landlords entirely online
A new digital dashboard from Urban aims to provide UAE landlords with full oversight into their properties
04/21/2020
FAB, Etisalat Digital launch fully contactless digital invoicing solution for SME merchants
Solution allows SME merchants such as grocery stores, restaurants and other SMEs restricted by the COVID-19 pandemic to accept card payments in a safe and secure manner