Will Egypt launch its own official digital currency?
As Facebook said July 31 that major difficulties are impeding the launch of its digital currency known as Libra, several…
FinTech
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Nigerian Edmund Olotu’s TechAdvance raises $1m from Bahrain investor
Lagos-based payments infrastructure firm TechAdvance has secured $1-million in funding from Bahrain’s Lamar Holding. TechAdvance was founded in 2009…
Ever heard of 'proptech'? It will change the way you choose your next home
The UAE's property sector is closely watched by global investors and as the latest trends evolve, the technology penetration has…
Challenger banking comes to trade finance with the launch of the Anglo-Gulf Trade Bank
Challenger banks are making their mark mainly across consumer banking. But there’s one sector that hasn’t seen much digital impact…
Veeam helps bank deliver seamless and personalised services
With Qatar International Islamic Bank needing to ensure the 24.7.365 availability of critical data, it turned to Veeam to over…
Crypto criminals rake in $4.3 billion in 2019 so far, says new report
Crypto criminals are having a big year, according to the Silicon Valley-based cybersecurity firm CipherTrace. The firm’s quarterly Cryptocurrency…
Investment in adviser fintech lowest since early 2018
Deals and funding into wealth management technology dipped in the second quarter of 2019, according to the latest Global Fintech…
BofAML names head of EMEA fintech investment banking
Bank of America Merrill Lynch on Monday named Gerardus Vos as head of financial technology investment banking for Europe, the…
UAE shuts down 115 websites, social media accounts
Fraudsters, illegal online sellers and promoters better watch out. Abu Dhabi's Department of Economic Development just shut down 115 websites…
Abu Dhabi’s Mubadala throws support behind cryptocurrencies
Amid what it described as “challenging market conditions,” Abu Dhabi sovereign wealth fund Mubadala Investment Capital has just thrown its…
Why banks need to undergo 'bionic transformation'
Since developments in technology and regulation are disrupting the UAE banking sector, banks must quickly adapt and transform to address…
Russian robots to work in Oman’s National Bank
Banki.ru reports that the company has signed a contract on pilot project with the National Bank of Oman. The contract…