Alawwal Bank launches digital branch, ‘IBDA’
IBDA offers customers a unique banking experience designed to create a seamless and personalised service, benefitting from the latest digital…
FinTech
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Dar Al Sharia wins ‘Mohammed Bin Rashid Al Maktoum Business Innovation Award’
Dar Al Sharia, a subsidiary of Dubai Islamic Bank, won the ‘Mohammed Bin Rashid Al Maktoum Business Innovation Award’ in…
Ministry of Finance adopts electric-powered vehicles
The Ministry of Finance, MoF, signed a Memorandum of Understanding with Emirates Transport to provide the Ministry with electric-powered vehicles. …
PEPPER by Leumi Goes Live! – New Mobile Bank Offers a Smart, Transparent, Technological Alternative to Traditional Banking
"Pepper" offers personalized content and insights that help customers manage their money better At the same time the mobile…
Sapient FinTech specialist joins Qatar Bank
A former director at Sapient Global Markets has departed to join Qatar National Bank as its chief innovation officer, according…
Nasdaq and Borse Dubai Sign Landmark Market Technology Deal
Nasdaq, Inc. and Borse Dubai today announced a new landmark agreement to bolster the technological infrastructure of Dubai's stock exchanges,…
United Arab Emirates Consider to Officially Recognize Bitcoin, Work on Regulatory Framework
Following in the footsteps of the Philippines and China, the government of the United Arab Emirates and its Central Bank…
The rise of open banking
For years, mid-tier banks have been told they’re potentially heading for extinction. The barbell effect dictates that the middle…
The Factors Transforming Client Onboarding in Wealth Management – Part II
As promised in our previous post on client onboarding, this second one will enlighten how the onboarding process can turn…
UAE Based payment solution provider OMA Emirates announces Indian operations
Leading United Arab Emirates based payment solutions provider OMA Emirates announced its strategic entry in India on Friday. The…
Al Rajhi Bank taps iGTB for digital transformation
iGTB, the Global Transaction Banking division of Intellect Design Arena Ltd, has signed a deal with Al Rajhi Bank, the…
The National Bank of Abu Dhabi Introduces Real-Time Cross-Border Blockchain Payments
The National Bank of Abu Dhabi is pleased to be the first Middle East bank to introduce real-time cross-border payments…