Al Hilal Bank executes the world's first Blockchain Sukuk transaction
Al Hilal Bank is the first Islamic bank in the world to leverage Blockchain technology for the resale and settlement…
FinTech
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UAE’s fintech adoption leads GCC and Middle East
The UAE has taken a lead in regional fintech investments and banking technology adoption in the GCC and the wider…
Qatar has strong infrastructure for information security in the financial sector, say experts
A number of experts have stressed that Qatar has a strong infrastructure for information security in the financial sector and…
KFH unveils ‘KFH-Go’, first digital self-banking branch in Kuwait
Kuwait Finance House “KFH” inaugurated in Ishbiliya Co-op its first fully-automated 24/7 e-branch with an advanced and wide range of…
Saudi Arabia Monetary Authority co-developing cryptocurrency with UAE central bank
The Saudi Arabia Monetary Authority is going to launch its own cryptocurrency in 2019, Mohsen Al Zahrani, Head of Innovation…
KPMG Releases the Fintech 100, The World’s Leading Fintech Innovators for 2018
The 2018 Fintech100 is the fifth edition of the annual report, a collaboration between fintech investment firm H2 Ventures and…
Gulf-based fintech start-ups to raise $2bn over next decade
Fintech start-ups in the Gulf region are set to attract more than 10 times the funding achieved over the last…
Fintech on track to shape future of Islamic finance
The results of the inaugural World Islamic Fintech Awards, a new competition organised by industry platform IFN Fintech held in…
Facebook hires new MD to build Middle East audience
Facebook announced on Tuesday the appointment of Ramez T Shehadi as its new managing director in the Middle East and…
New rule for ATM, credit card transactions in UAE
Customers in the UAE have to update their bank records by submitting their Emirates ID by February 28, 2019 in…
Bank Leumi to bring mobile-only Pepper to the US
Launched just over a year ago, Pepper is an AI-heavy mobile bank modelled on consumer use of social media feeds.…
Majority in UAE willing to bank with tech firms: study
A large majority in the UAE are willing to get banking services from an established technology company, said global management…