Etisalat Digital's new blockchain platform aims to stop trade finance losses
A new blockchain technology which could prevent losses in trade finance of up to 1 billion dirhams annually has gone…
FinTech
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Mashreq Bank offers 'buy now pay later' options to customers via cashew deal
Mashreq Bank will now offer ‘buy now pay later’ options on purchases made through merchant partners. This comes after tie-up…
Banking giant HSBC to use only recycled plastic for cards by end 2026
The UK banking giant HSBC will introduce 'sustainable' payment cards across all its global operations and by end 2026 eliminate…
Thawani and BankDhofar team up to offer innovative fintech products
Thawani Technologies has signed a strategic partnership with BankDhofar, one of the fastest growing banks in the Sultanate, to introduce…
Doha Bank wins 'Best Digital Wallet App Qatar 2021' award
Doha Bank has won the ‘Best Digital Wallet App Qatar 2021’ award for its commitment to provide clients with latest…
UAE Trade Connect’s digital trade platform goes live with 7 banks
UAE Trade Connect (UTC), a new nationwide blockchain platform, has officially gone live on Monday to help financial institutions combat…
UAE hits its digital stride in KYC and blockchain
The UAE was already a fintech pioneer but Covid turned it into a leader. Banks and government agencies are furiously…
Abu Dhabi's G42 forms big data JV with Israeli defence company Rafael
Abu Dhabi-based technology company Group 42 (G42) has formed a joint venture with Israel's state-owned Rafael Advanced Defense Systems to…
Crypto payments banned in Turkey — Is this just the beginning?
Buying something with Bitcoin (BTC) in Turkey will soon be illegal, and the topic of crypto payments has become a…
World’s first digital Islamic bank launched
The Zurich Capital Funds Group has announces the launch of a digital Islamic bank compatible with Islamic law, which provides…
UAE's first fully-integrated digital bank forms founding committee
Al Maryah Community Bank, UAE first fully integrated Digital Bank, has announced today the formation of its founding steering committee…
ADGM’s Newly Constituted Authority Will Be Led By Mark Cutis as Its New CEO
The Board of Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has approved the establishment of…