Posts From Company Announcement

National Bank of Egypt Upgrades Treasury and Risk Management Operations

Finastra announced that National Bank of Egypt (UK) Limited is deploying Fusion Treasury and Fusion Risk. The treasury and risk solutions will be tightly integrated with the bank’s existing Fusion Equation core banking system – helping the bank to deliver

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Temenos and AUC Venture Lab Team Up to Accelerate Fintech Innovation in Egypt

The Venture lab at The American University in Cairo, an university-based startup accelerator in Africa and the MENA region, and Temenos, the Swiss banking software company, have announced their intention to collaborate and strengthen the fintech ecosystem in Cairo. Temenos will

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DIFC Launches Scheme To Fast Track Fintech Startups

The Dubai International Financial Centre (DIFC) will establish a commercial licensing scheme for fintech firms based in the Middle East, Africa and South Asia (MEASA) it was announced recently. The scheme will provide short term, cost-effective licensing for fintech, regtech

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World’s First Court on the Blockchain in Dubai

The Dubai International Financial Centre (DIFC) Courts have partnered with Smart Dubai to create the world’s first Court of the Blockchain. Building on existing dispute resolution services, the alliance will initially explore how to aid verification of court judgments for cross-border enforcement. The partnership

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National Bank of Bahrain Announces Digital Transformation Strategy

NBB announced details of the Bank’s strategy for its digital transformation, which centres on better meeting the fast-evolving needs of customers and modernising every aspect of its banking experience through the strengthening of its digital capabilities. Comprised of several important components,

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Al Hilal Bank Partners with ADGM in a Push to Develop Digital Banking and Blockchain

Abu Dhabi-based Al Hilal Bank will partner with the international financial centre, Abu Dhabi Global Market (ADGM) to promote the growth and development of fintech and Islamic Finance across the UAE. Fintech solutions spanning mobile and e-banking, digital value-added services, blockchain, APIs, and automation

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ADGM Issues Public Consult on Regulatory Framework for Online Financing Platforms

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, published a consultation paper setting out its proposed regulatory framework for operators of Private Financing Platforms (PFPs) in ADGM. This follows positive feedback received from the industry in

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Crypto Asset Regulatory Framework for Abu Dhabi

Abu Dhabi Global Market (ADGM) las launched its framework to regulate spot crypto asset activities, including those undertaken by exchanges, custodians and other intermediaries in ADGM. This follows the successful completion of a public consultation on the introduction of a robust

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4 Things You Need to Know About Qatar Development Bank’s Fintech Incubator

In a nation where a majority of the labour force is in one way or another working with the government, there is a dearth of entrepreneurs with innovative ideas. As a result, the fintech scene in Qatar has seen some

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UAE Fintech Accelerator : 300 Applications

FinTech Hive, the first fintech accelerator in the Middle East, Africa and South Asia (MEASA) region, is gearing up to start its 2018 edition in September, in partnership with Accenture. FinTech Hive has received an overwhelming response of over 300

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