QIB launches new 'instant finance against deposit' feature on its mobile app
Qatar Islamic Bank has announced that its innovative new ‘instant finance against deposit’ feature, a first-of-its-kind in Qatar, is now…
FinTech
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Saudi cabinet approves licensing third digital bank
The Saudi cabinet has approved the licensing of a third digital bank, called D360 Bank, with a capital of 1.65…
UAE's robotics start-up Micropolis raises $4m to fuel growth
Dubai-based robotics and autonomous technology start-up Micropolis has raised $4 million in new investment round led by San Francisco-based venture…
Saudi Arabia’s sovereign fund backs new digital bank called D360
Saudi Arabia’s sovereign wealth fund is a key investor in a new digital bank being established in the kingdom with…
Ahlibank brings Apple Pay to customers
Ahli Bank has brought its customers Apple Pay, a safer, more secure and private way to pay that helps customers…
UAE Digital Bank Zand Wins Franklin, Aditya Birla Backing
Zand, a digital bank helmed by Dubai businessman Mohamed Alabbar, has won the backing of investors such as Franklin Templeton…
'Arab banks are well prepared to counter cyber-security challenges'
CS Event’s Second Banking Revolution Summit, which started in Dubai on Monday, will end on Tuesday and focuses on disruptive…
Data Protection Law issued in Oman
Oman has become the latest country in the Middle East to issue national privacy legislation with the publication of a…
ADQ gets licence to set up digital banking platform
ADQ, an Abu Dhabi-based investment and holding company, has announced the Central Bank of the UAE has granted an in-principle…
UAE bank Mashreq to use Israeli financial crime detection tool
Emirati bank Mashreq (MASB.DU) will use a transaction monitoring tool for correspondent banking developed by Israeli cyber security firm ThetaRay…
Mashreq Bank Chooses Thetaray Transaction Monitoring Solution for Correspondent Banking
Mashreq Bank of the UAE and ThetaRay has announced they will collaborate in transaction monitoring. The implementation of ThetaRay's AI-driven,…
ADQ-backed digital bank gets UAE central bank approval for launch
The Central Bank of the United Arab Emirates has given in-principle approval to a new digital banking platform, backed by…