Fintech companies outrun big banks in profit and valuation
Fintech companies are overtaking global financial institutions in both earnings and market capitalization in the April-June quarter, as the coronavirus…
FinTech
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Millennium launches international operations in Dubai
News Highlights: Global Islamic financial assets reached US$2.5 trillion in 2018, of which Islamic banking assets represents 70 per cent,…
Qatar's banking sector remains ‘heavily targeted’ sector for cyberattacks: QCB
Qatar's banking sector remains a “heavily targeted” sector for cyberattacks, Qatar Central Bank said and noted phishing attempts and user…
Behind the Idea: Emirates NBD
Since the merger between Emirates Bank International (EBI) and the National Bank of Dubai (NBD) in 2007, Dubai-headquartered Emirates NBD…
EBA organizing first Egyptian-Bahraini digital investment forum on Sept. 8
The Egyptian Businessmen Association (EBA) coordinated efforts with the Bahrain Businessmen's Association (BBMA) to arrange the first Egyptian-Bahraini digital investment…
Digital commodities exchange Emirex introduces Bitcoin SV trading pairs
Emirex has announces that it has officially introduced support for Bitcoin SV [BSV] on its platform. With immediate effect, BSV/USDT…
Qatar’s national solarized fintech strategy
The State of Qatar is a World Bank high-income economy, backed by the world’s third-largest natural gas and oil reserves.…
Automated payment retrieval service to come into force soon — Hafez
Talaat Hafez, spokesman for Saudi banks, said that the Saudi Payments Company (SPC) is currently working to introduce the automated…
GCC governments should make supply chains more resilient
The Covid-19 pandemic has disrupted supply chains, which has in turn damaged global manufacturing. This has forced governments and businesses…
Democratisation of Wealth Management – What Lies Ahead?
The democratisation of wealth management has been well underway for the past few years. With the global economic downturn and…
5 recent banking bot announcements in Asia
Banking bots are an application of artificial intelligence used across the financial services industry. These chatbots are said to deliver…
Middle East is only getting started on its online ways
Driven by rapid digitisation, the retail industry has experienced a shift of unparalleled proportions. And the true impact of e-commerce…