KIB launches first Biometric Visa Card in Kuwait
Kuwait International Bank has announced the launch of its Biometric Visa Card, which uses the customer’s fingerprint to authorize POS…
FinTech
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SingleView launches open banking solutions at Seamless Middle East 2023 in Dubai
UMG Alholol Trading Company “SingleView” participated in the “Seamless Middle East 2023” exhibition on May 23-24 in Dubai, aiming to…
BM Fintech signs MoU with centre for AI innovation global
BM Fintech - Bait Al Mashura Finance Consultations and CEAI (Centre for AI Innovation) - MyFinB have signed a memorandum…
AI can transform banking for the better
Artificial intelligence has matured and is disrupting financial services. It can enhance customer service, reduce costs and curb fraud –…
First Abu Dhabi Bank Egypt launches ‘Access’ portal for electronic payments
First Abu Dhabi Bank has announced the launch of its electronic payment portal “Access” to facilitate transactions for companies; small,…
Google to support AI research and sustainability solutions in the UAE
Google has announced its support of AI initiatives and solutions in research and sustainability in the UAE in collaboration with…
Kuwait bank introduces biometric payments card
Kuwait International Bank is using technology from Zwipe to provide customers with biometric security on payment cards, adding a layer…
NBB Continues Digital Account Opening Campaign
The National Bank of Bahrain (NBB) said it is continuing its campaign to reward new customers who open their account…
Mastercard and Foloosi launch Click to Pay in UAE
Mastercard has launched Click to Pay in collaboration with payment service provider (PSP) Foloosi, who has rolled out the innovative…
AI in finance to inject Dh103b into UAE’s GDP by 2035
Artificial Intelligence in the financial sector is expected to inject Dh103 billion into the UAE’s economy by 2035 as the…
Samer Abdallah (KPMG) on government innovation in Saudi Arabia
In a new report, KPMG explores the state of government-led innovation in Saudi Arabia, finding that the government is investing…
UAE Central Bank License Enables Checkout.com to Offer Services to Merchants in the Middle East
Payments service provider Checkout.com has obtained a Retail Payment Services license from the Central Bank of the United Arab Emirates. …