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Demystifying Accounts Payable Automation
According to the Ardent Partners market research study: ‘The State of ePayables 2022’, 70% of mid-market companies have made Accounts Payable (AP) automation a priority. While this positive trend represents a 48% increase over that of the previous year, many
Read MoreUAE Government Officials Share Metaverse Ambitions
At the Dubai Metaverse Assembly event last month, top government officials from the United Arab Emirates (UAE) shared their ambitions for the country to become a metaverse pioneer and leader, revealing ongoing initiatives and aspirations moving forward. The Dubai Metaverse
Read MoreTop 10 Fintech Startups in the Middle East
Forbes Middle East has released its selection of 2022’s top 25 fintech companies in the region, recognizing the Middle East’s most successful public and private fintech firms. The list features firms that are applying technology to financial sectors including payments,
Read MoreOrganizations Struggle with Increased IT Complexity
These past couple of years have seen the pace of digital transformation increase dramatically as organizations globally moved to the cloud and embraced hybrid office environments to overcome the limitations imposed by COVID-19. But despite enabling operational continuity, gains in
Read MoreMENA’s Demand for Payment Hubs Rises as Open Banking Fuels Cross-Border Flows
The accelerated digitalisation that swept the globe in the last two years has led to widespread adoption of digital financial services. Customers – both individuals and businesses – now want their services fulfilled instantly, and that extends to cross-border settlements
Read MoreDigital ID Verification, Remote Document Signing to Become the Norm in Finance Sector
The pandemic has accelerated the growth of non-face-to-face interactions, forcing banks, merchants and others to swiftly deploy digital tools to accurately verify the identity of the person on the other end of a digital transaction. A 2021 study by advisory
Read More8 Financial Processes Poised for Digital Transformation
COVID-19 accelerated trends toward remote banking and digitalisation, forcing financial institutions to embrace new technologies and processes to keep their businesses functional despite social distancing restrictions. Now, with more and more people relying on digital solutions for interactions and transactions,
Read MoreBusinesses Are Banking On 3DS2 for Secure Checkout in MENA’s Us$50B e-Commerce Market
The accelerated digitization brought on by the Covid-19 pandemic has boosted an already popular retail market in the Middle East and North Africa (MENA) region, bringing it to a new, larger, and global online sphere. Marketplaces, financial services providers, and
Read MoreUsing E-Signatures to Ensure Business Continuity in an Increasingly Digital World
The COVID-19 pandemic has accelerated the trend towards digitisation. Suddenly, government agencies, organisations, and businesses of every industry have been thrust into a world of remote processes, and the need for technology that enables business continuity has never been higher. Businesses
Read MoreFintech Becomes Favoured Investment Focus in MENA
In the Middle East and North Africa (MENA), fintech has emerged into the preferred investment target of investors. Between 2019 and 2021, the fintech sector captured the largest portion of dollars invested across all tech sectors, more than double enterprise
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