Dubai

Fintech in Dubai News Roundup

Over the past years, Dubai has been positioning itself as a leading fintech hub in the Middle East and North Africa region, supported by government initiatives to establish a favorable environment for financial innovation and attract foreign fintech players. As

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Singaporean Fintech Firm Partners with SEED Group to Expand in Middle East

Singapore based fintech firm Touché has signed an agreement with SEED Group as their local partner. In this agreement SEED will assist Touché in expanding their fingerprint-based payment and loyalty management solution to the Middle East. Based in Dubai, SEED

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Emcredit: Dubai Public Sector Goes Blockchain Payments

Citizens and residents of Dubai will be able to make digital payments for school fees, bills and retail purchases with a stable, digital currency after a partnership between blockchain payment provider Pundi X, Ebooc Fintech & Loyalty Labs LLC  and emcredit – Dubai’s Credit Bureau. Consumers in Dubai, UAE

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Secure Payment Links Through WhatsApp Could Be Fintech’s Future

Emirates NBD announced that they are launching customised banking services via WhatsApp in the UAE region. Through WhatsApp business, their users can now use integrated banking activities, like checking account balances and temporarily blocking or unblocking an existing card. Emirates

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Why Now is The Best Time for International Fintech Firms to Expand into Dubai

Dubai is opening its doors to global investors who would like to start their business in the region without actually being located in the UAE. In an agreement between Dubai Investment Development Agency (Dubai FDI) and the US-based Alliance Business Centres Network

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5 Blockchain Startups in the UAE to Watch Closely

The United Arab Emirates (UAE) is making strides to become a leader in blockchain technology enriching the blockchain UAE scene with vibrant projects. The Dubai government is currently working with 20 blockchain projects and has made partnerships with IBM and

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Dubai Has Taken its First Step to Have All Government Transactions on The Blockchain

In line with it’s “Dubai Blockchain Strategy” the Smart Dubai Office teamed up with Dubai’s Department of Finance to launch a blockchain powered payment system. The new system introduces blockchain technology into the Department’s processes, allowing transactions to be performed

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United Arab Emirates: Scrutinizing ICOs Regulations

Not only United Arab Emirates (UAE) have beeen recently scrutinizing this new financing mechanism, but they have as well recognized sold tokens as securities. Will this further step be the right one for the cryptosphere based in these new dynamic

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Real Estate Crowdfunding: Smart Crowd Completes Second Round

Following its success with July with its maiden investment round, Smart Crowd, is celebrating the completion its second investment opportunity in just three days. Smart Crowd is a Dubai based real-estate crowdfunding platform which allows fractional ownership of properties. This form

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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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