Posts From Fintechnews Middle East

First a Digital Bank, Now Mashreq Incorporates Artificial Intelligence

Mashreq Bank has begun implementing artificial intelligence, machine learning, and cognitive capabilities into its daily banking operations by buying into Virtusa Corporation’s Blue Prism Digital Workforce program. The UK-based software provides enterprise-level robotic process automation  that eliminates manual data entry

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Fintech Startups Get Opportunity to Work with ADCB in Sept’s Innovation Challenge

Abu Dhabi Commercial Bank (ADCB) has been appointed as the corporate champion of the upcoming Innovation Challenge 2018 that will be held in September. This means that the bank will be bringing their corporate know-how to the table to collaborate

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Top 10 Most Well-Funded Fintech, Insurtech Startups in the Middle East

In the Middle East and North African (MENA) region, the fintech industry is rapidly growing with the number of fintech startups in the region more than doubling between 2013 and 2015. According to experts and industry observers, the staggering 86%

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Fintech Accelerators and Incubators in the Middle East

Across the Middle East, fintech is transforming the delivery of financial services. In recent years, many acceleration and incubation programs have emerged to nurture local fintech startups and develop a thriving ecosystem. Here are some of the Middle East’s most

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Iran’s Central Bank: Cryptocurrency Ban May Be Lifted In September

A national draft project is aiming at introducing a state-backed digital currency. Iran’s Central Bank deputy for innovative technologies, Nasser Hakimi, advances the regulatory apparatus should be finalized within one month. Ban crypto or create crypto? A previous post already

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Iran: Cryptocurrencies Could Be A Way To Circumvent U.S. Sanctions

A High Representative of the Iranian government has once again expressed how cryptocurrency could play a vital and major role for the country’s economy. It gradually seems that Iran is at all costs seeking an alternative to the current and

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Middle East: Where To Stay At While Attending these 7 Fintech Events

Whether you’ve registered your  for these upcoming fintech events, or are still considering whether to attend, booking your accommodation early is always advisable in order to ensure a hassle-free trip. Here are some of the closest hotels to the conference venues;

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Fintech Fails to Emerge in Troubled Yemen

Yemen is an Arab sovereign state in Western Asia at the southern end of the Arabian Peninsula and the second-largest country (27 Million population) in the peninsula. It is also the poorest country in the Arab region, according to the UN. Once

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Fintech In MENA: All You Need To Know

The startup economy in the Middle East and North African (MENA) region continues to grow this year. In the first six months of 2018, it registered a record number of transactions with 141 investments, a 12% increase over the corresponding period. One

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10 Fintech Startups in Turkey to Watch Closely

Fintech is growing rapidly in Turkey. Investment in Turkish fintech companies grew 175% from US$4.6 million in 2012 to US$29 million in 2016, and the overall Turkish fintech industry, which counts more than 200 companies, according to the Fintech Ecosystem in

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