Barclays Sees Wealth Funds, Bank Mergers Driving Mideast Deals
Barclays Plc sees bank mergers and sovereign wealth funds’ technology investments driving Middle East dealmaking this year as the region…
FinTech
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Majority of UAE companies feel there is lack of transparency in traditional payment transfers
The value and volume of cross-border transactions globally are growing steadily at eight and 10 per cent, respectively, every year,…
ENBD to integrate blockchain tech into cheques
Emirates NBD, a leading banking group in the region, has launched ‘Cheque Chain,’ an initiative that will integrate blockchain technology…
UBF launches cyber threat intelligence sharing platform
The UAE Banks Federation, a professional body representing 49 member banks operating in the UAE, has announced the launch of…
CIB Egypt launches new Mobile Banking app
Commercial International Bank (CIB) Egypt announced the official launch of its Mobile Banking application, packed with the latest features that…
Samsung Pay gets officially launched in the UAE
Samsung integrates NFC, MST payments and membership/loyalty cards in one secure mobile wallet for all UAE users. At the…
Amlak in core banking software overhaul with Temenos and NDC
Saudi Arabia’s Islamic lender Amlak International has chosen Temenos’ T24 core banking system for a tech revamp. The implementation…
Big growth potential in global Islamic banking market: QFC Authority
The size of the Shariah-compliant banking and financial market, which has grown to nearly $2 trillion, has great untapped growth…
Dubai Aims to Be a City Built on Blockchain
Dubai has grown from a tiny fishing village to a major trading hub by attracting businesses with near-zero taxes, advanced…
Al Khaliji France moves to new core banking system, Temenos’ T24
Al Khaliji France, a Paris-based subsidiary of Qatar’s Al Khaliji Bank, has gone live with a new core banking platform,…
Turkey Tweaks Government Financial Support Scheme for Technological Products
Turkey has amended the scope and procedure of a government investment support scheme for technological products. Notably, support for…
Is Islamic finance ready for disruption?
Disruptive financial technologies represent the foundations of tomorrow on the platform of today. All we need to do is…