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Mastercard Announces Roadmap for Contactless Payments Consistency

Mastercard has announced an initiative to create greater payment consistency by making “tap and go” standard in the next five years. The changes underway ensure that consumers, merchants and governments around the world will be able to take advantage of next-generation

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Fintech In The Middle East

In the Middle East, fintech sandboxes and government driven initiatives have supported the growing base of fintech startups, which more doubled in size between 2013 and 2015, rising from only 46 fintech startups based in the Middle East and North

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10 Interesting Fintech Startups In GCC

Realizing that their dependency on oil has put them in a precarious position, Middle Eastern economies have begun exploring other sectors for greater diversification. Many of these such as Saudi Arabia and the United Arab Emirates (UAE) are putting their

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9 Fintech Startups in Middle East to Watch in 2018

The fintech sector in the Middle East, despite being relatively small when compared with the likes of the US or Europe, has grown tremendously these past years with locations such as Abu Dhabi and Dubai in the United Arab Emirates

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Alibabacoin’s Public ICO Brings an Explosive Response

Alibabacoin Foundation, the developer of a leading fourth-generation Alternative coin (altcoin),  has successfully ended their 1st stage ICO and officially began 2nd stage public ICO on 16 March. The public ICO stage two includes 11 rounds with 10 days per round. Their

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ICO Arrives In The Middle East But VC Funding Still Dominates

2017 was the year initial coin offerings (ICOs) became mainstream. The fundraising method has raised in popularity and is now being used by an increasing number of startups in blockchain and cryptocurrency space looking for capital. In 2017 alone, startups

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Fintech Innovation: Why The Middle East Will Be The Place To Be In 2018

The Middle East’s fintech ecosystem grew significantly in 2017 and further development is expected in the coming years fueled by government support and increasing demand for accessible, cheap, tech-enabled financial solutions. Fintech startups have raised over US$100 million in the

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The Gateway into the Middle East – CREALOGIX acquires Innofis

CREALOGIX a Swiss baded Digital Banking Solutions Provicder will acquire 100% of the Barcelona-based Innofis – a well-established digital banking supplier for the Middle East, serving leading banks of the region. With the acquisition, CREALOGIX will gain an established customer

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Fintech Flourishes in MENA: Report

The fintech sector in the Middle East and North Africa (MENA) region is flourishing driven by the large pool of financially underserved individuals and businesses, and a thriving e-commerce sector, according to a report by the Wamda Research Lab and

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Astana International Financial Center (AIFC) and EXANTE Agree to the Development and Promotion of Crypto-Assets Markets in Kazakhstan

The Astana International Financial Centre, or AIFC, and next generation investment company EXANTE have signed a memorandum of cooperation towards developing the cryptocurrency markets in Kazakhstan and positioning the AIFC as an international financial technology center. According to the memorandum,

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