Dubai startup Invygo raises $1m in funding
Dubai’s app-based car subscription company Invygo has raised $1m in funding to accelerate its expansion plans across the Middle East.…
FinTech
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Finantix appoints Executive Director, EMEA
Finantix has announces the appointment of Albert Iselin to the role of Executive Director for EMEA, further widening his remit…
Dubai does mortgages the 'e' way
Registering the mortgage too has gone the digital way in Dubai. It’s now Dubai Land Department that’s helping property…
Global advisory giant to launch major digital finance operation in Dubai
One of the world’s largest independent financial advisory and services organisations is to develop a major digital finance operation from…
FAB Switzerland renews its long-term contract with Avaloq
The Swiss subsidiary of First Abu Dhabi Bank (FAB) has selected Avaloq’s business process as a service (BPaaS) solution for…
African banks confident on growth of cashless payments
Six in ten banking executives in Africa and Middle East think cash will dip below 5 per cent of retail…
UAE Central Bank, ADGM to host fintech event in November
The Central Bank of the UAE and Abu Dhabi Global Market have joined up to support the adoption of financial…
Al Salam Bank-Bahrain introduces WhatsApp banking
Al Salam Bank-Bahrain, the pioneering Sharia-compliant bank in the kingdom, introduced WhatsApp banking services to empower customers to conduct online…
Qatar Central Bank Is “Actively Working” on Fintech Initiatives, and Exploring Blockchain Use Cases
Qatar’s central bank has proposed a second strategic plan which involves establishing clear policies that aim to support venture capital…
Saudi Tabadul opens e-platform for bank guarantee service
Saudi Company for Exchanging Digital Information (Tabadul), a subsidiary of the Public Investment Fund (PIF) has launched a first-of-its-kind digital…
Bank ABC fuels global growth in trade finance with Fusion Trade Innovation from Finastra
With Bahrain-based Bank ABC aiming to consolidate disjointed workflows and support the growth of its wholesale banking activities, it deployed…
Refinitiv Releases Findings of Sub-Saharan Africa Financial Crime Survey for 2020
Refinitiv today released its Financial crime in Sub-Saharan Africa Report 2020, which highlights several noteworthy compliance trends. Responses show…