Jordan’s major bank data stolen, claim hackers
A major bank in Jordan has allegedly been hit by a ransomware attack. Hackers are threatening to release confidential data…
FinTech
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Mastercard opens cyber resilience centre in Saudi Arabia
Mastercard has launched its Cyber Resilience Center, an initiative that brings together key players from the financial sector to foster…
16 FinTech firms licensed, leading digital transformation in non-banking sector: Egypt’s FRA
Sixteen companies have obtained financial technology (FinTech) licences from Egypt’s Financial Regulatory Authority (FRA) and are spearheading digital transformation efforts…
Emirates Development Bank launches game-changing digital banking platform to empower UAE entrepreneurs
EDB 360 removes fees and red tape to help businesses grow faster and fuel national economic growth On the final…
Dubai Customs strengthens leadership in digital transformation
Dubai Customs has reaffirmed its ongoing dedication to enhancing its operations and services, as well as advancing digital transformation, by…
Ripple Builds on Dubai Regulatory License to Announce Zand Bank and Mamo As First Blockchain-Enabled Payments Clients in the UAE
Ripple has announced two new customers in the UAE utilizing Ripple Payments. Ripple Payments employs blockchain, digital assets, and a…
From oil to Bitcoin: Saudi Central Bank stakes big on MicroStrategy
Saudi Central Bank gains Bitcoin exposure through investment in MicroStrategy. Gulf institutions, including Mubadala, are ramping up Bitcoin investments amid…
Mashreq set to partner with Clari5 (A Perfios Company) to launch GenAI Powered Fraud Detection Platform
Mashreq has announced a strategic partnership with Clari5, a global leader in real-time financial crime management, to launch Clari5 Genie,…
Doha emerges as global epicenter for fintech, insurtech innovation as MENA summits conclude
The fourth edition of the MENA Insurtech Summit and the inaugural MENA Fintech Summit 2025, hosted by Qatar Insurance Group…
Cisco expands partnership with Saudi Arabia to power the AI future
Cisco to partner with Saudi Arabia’s new HUMAIN AI enterprise to power AI infrastructure and ecosystem growth. New investments in…
Ransomware attacks in UAE increased 32% YOY in 2024 says UAE Cybersecurity Council
As the Middle East’s major economies continue their accelerated growth, the region is increasingly becoming a prime target for cyber…
Embracing AI: The key to unlocking the future of banking and finance
Imagine a future where every banking transaction is tailored to your unique requirements – where your bank predicts your needs…