UAE- ADJD launches digital money order for disbursement of deposits
The Abu Dhabi Judicial Department, ADJD, has announced that it recently launched a digital money order system for the disbursement…
FinTech
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Softmills aims to invest in 3 startups as COVID-19 creates opportunities in tech: Founder
Egypt’s consulting and software development firm, Softmills, has invested in three startups so far, and is considering investing in three…
National Bank of Fujairah launches the first-of-its-kind SME community platform in the UAE
National Bank of Fujairah PJSC has announced that it launched NBF Connect. The community platform will serve as a…
Egypt's IDB prepares to launch full range of digital banking services
The Industrial Development Bank (IDB) has completed a full digital overhaul and modernisation of its technological infrastructure, according to the…
Analysis: Banks in the Gulf Cooperation Council Embracing Digital Solutions
Abu Dhabi Islamic Bank (ADIB) has launched its digital booking service enabling customers to schedule their branch visits ahead of…
Open Banking Is Increasingly Being Adopted by Fintech Sector in Bahrain and the MENA Region
Bahrain introduced its first Open Banking product for the MENA region during December of last year. The central bank…
Al Salam Bank-Bahrain launches new mobile application
Al Salam Bank-Bahrain last week marked the beginning of an exciting new chapter in its ongoing journey towards digitisation with…
QPay witnesses more than 4-fold jump in transactions in 2019
QPay, Qatar's e-commerce payment gateway, has witnessed a "remarkable" more than four-fold jump in transactions in 2019 and the direct…
Fintech industry growing by 18% annually in Saudi Arabia: report
The value of fintech transactions in Saudi Arabia increased at a rate of over 18 per cent each year between…
Apple Maps can now provide turn-by-turn directions in UAE
Smartphone users across the country will now get turn-by-turn directions from Apple Maps while walking or driving, the tech giant…
There are Now At least 60 Fintech Firms Operating in Saudi Arabia, with 100 Startups in Concept or Pre-Launch Phase
Fintech Saudi, an initiative that aims to transform Saudi Arabia into an innovative Fintech Hub with “a thriving and responsible”…
Digital payments surge as Ecommerce takes off in UAE
Consumers are increasingly moving away from cash and opting for contact-free and digital payments experiences – and they don’t expect…