Open banking can transform payments scene in Saudi Arabia
With open banking going into effect next year in Saudi Arabia, incumbent banks may lose their tight control of customer…
Retail Banking
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Dukhan bank enhances its corporate digital services
Remote Deposit Capture (RDC) terminals Online trade system services Dukhan Bank has continues to pursue its efforts to enhance its…
UAE BaaS provider NymCard launches fully public APIs for MENA
NymCard, funding, Abu Dhabi, APIs, MENA, open bankingAbu Dhabi-based banking-as-a-service (BaaS) FinTech NymCard, has announced the launch of its new…
Kuwaiti banks' non-performing loans increase to 2% amid COVID-19 crisis – central bank
Kuwait's central bank said on Wednesday that banks' non-performing loans had increased by 0.5 percentage points in 2020 amid the…
Banks to inject EGP 117bn into MSMEs until 2022 end: CBE
The Central Bank of Egypt (CBE) has directed for banks working in the local market to inject EGP 117bn into…
Saudi bank profits face strain in 2021 despite economic recovery
Saudi banks could find it tough to maintain profitability in 2021 as the Saudi Central Bank lifts its support measures…
Israel Discount Bank selects Wolters Kluwer’s compliant e-forms package
Israel Discount Bank of New York has selected Wolters Kluwer Compliance Solutions’ Deposit E-Forms Module Expansion Pack to help streamline…
Putting customers at the heart of digital change
Digital transformation has long been a strategic goal for Mashreq Bank, and the current situation has only accelerated the momentum.…
Al Baraka Islamic bank announces financial results for the year ended 31 December 2020
Al Baraka Islamic Bank has reported net profit attributable to the shareholders of BD 1.23 million in the fourth quarter…
National Bank of Bahrain Partners with Backbase to Launch New Digital Banking Platform
NBB’s new digital banking experience taps Backbase’s Engagement Banking platform – a comprehensive suite of pre-built technology solutions allowing institutions…
Saudi-based fintech Tweeq signs partnership deals with Mastercard and Paymentology
Tweeq has signed exclusive partnership agreements with Mastercard, the leading technology company in the global payments industry and Paymentology, a…
Emirates NBD launches anti-phishing campaign in collaboration with Dubai Police
As part of its commitment to safe, secure banking, Emirates NBD in partnership with Dubai Police joined hands with Leo…