Project for digitising customer data verification to be implemented soon
The first phase of the national eKYC project, a groundbreaking initiative to digitise customer data verification, will be implemented next…
FinTech
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Ripple to Launch Blockchain Remittances to Asia with Major UAE Exchange
Ripple recently announced about a new partnership with United Arab Emirates-based UAE Exchange platform. According to the announcement, passed…
Central Bank Of Bahrain Releases Cryptocurrency Regulations Draft
The Central Bank of Bahrain publishes draft cryptocurrency regulations and starts off a consultative process on cryptocurrency platforms in the…
First Arab Digital Economy conference kicks off in Abu Dhabi
The first Arab Digital Economy Conference kicked off in Abu Dhabi on Sunday under the aegis of Sheikh Mohamed bin…
The League of Arab States Launches the Common Vision for Arab Digital Economy
Under the patronage of Mohammed bin Zayed and the presence of Saif bin Zayed Digital economy strategy to almost double…
Objectway mentioned in Gartner’s Market Guide for Digital Banking Platforms
Gartner’s Market Guide for Digital Banking Platforms references Objectway among 29 representative platforms for its eXtend solution. This is…
Iraq’s new lender selects ICSFS for universal banking solution
The newly instated Hammurabi Commercial Bank in Iraq has selected the ICS Banks Universal Banking Software Suite by ICSFS, a…
ENBD launches facility for low-vision customers
Emirates NBD (ENBD), a leading bank in the Middle East region, has announced the introduction of Traveller HD, an assistive…
Saudi Monetary Authority & UAE Central Bank, to launch cross-border cryptocurrency
Reports coming from the United Arab Emirates’ say the UAE Central Bank and Saudi Arabian Monetary Authority (SAMA) will jointly…
Bahrain issues draft rules to regulate cryptocurrencies
Bahrain's central bank has issued draft rules on the trade in cryptocurrencies for consultation, setting up a framework to regulate…
Saudi Arabia and United Arab Emirates Will Release a Joint Cryptocurrency
As reported by the local news media, the Saudi Arabian Monetary Authority is cooperating with the Central Bank of UAE…
Bahrain central bank publishes draft rules on digital assets
Bahrain’s central bank has issued draft rules to regulate operators of crypto-assets, it said on Thursday, the latest sign of…