UAE Banks Federation outlines plans to combat cheque fraud
UAE Banks Federation (UBF) in coordination with UBF IT Committee, hosted today (January 22, 2019) a workshop dedicated to UBF…
FinTech
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SAMA receives requests to open digital, traditional banks
The Saudi Arabian Monetary Authority (SAMA) has received requests to open digital and traditional banks, Saudi Press Agency (SPA) reported,…
Saudi Arabia, UAE Launch 7 Strategic Initiatives
The Executive Committee of the Saudi-Emirati Coordination Council announced the launch of 7 strategic initiatives namely the joint cryptocurrency to…
Cryptocurrency, SME platform among initiatives launched by Saudi-UAE alliance
A series of seven joint initiatives have been announced by the executive committee of the Saudi-Emirati Coordination Council, which held…
How AI is transforming the fight against money laundering
As Kai-Fu Lee explains in his recent book, AI Superpowers: China, Silicon Valley and the New World Order, artificial intelligence…
Virtusa's open innovation platform powers open banking sandbox in Middle East
Virtusa had announced the successful implementation of the Middle East region’s first Open Banking Sandbox with Emirates NBD, a leading…
Is AI a matter of survival for the modern bank?
Artificial Intelligence or AI is transforming the banking sector by creating more personalized customer experiences, enhancing decision-making, bolstering security and…
SICO's Bahrain Liquidity Fund ends 2018 with a boost to liquidity and performance on the Bahrain Bourse
SICO BSC announced that the Bahrain Liquidity Fund, now in its third year, continues to make a major impact on…
Digital banking — a key enabler for Qatar’s e-commerce market
According to Fitch Solutions, “Qatar offers an e-commerce market worth almost $1.5bn in 2019. The Middle East and North…
Bank Leumi (UK) selects Volante Technologies’ VolPay Open Banking PSD2 solution
Volante Technologies has announced that Bank Leumi (UK) has selected VolPay Open Banking to implement PSD2 compliance and enable open…
RippleNet surpasses 200 customers with 13 financial institutions joining recently
Thirteen new financial institutions are joining the RippleNet network, making it to have more than 200 customers to date. …
Mashreq Bank rolls out Samsung Pay
Mashreq Bank has rolled out a service that allows customers to instantly add their credit cards to Samsung Pay via…