Tag "fintech"
Dubai’s Strategic Vision Cement its Fintech Leadership
Dubai, a city known for leading technological innovation and digital transformation, has emerged as the fintech hub of the Middle East and Africa (MENA) and South Asia region due to its emphasis on building a modern, digitally-driven, and innovative economy.
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Is Fintech The Answer to Costly Fees for Cross Border Remittances in MENA?
It is very common in the Gulf Cooperation Council (GCC) part of the Middle East North Africa (MENA) region for expatriate workers to send money back to their native countries to support dependents. If anything, these cross-border remittances are the
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Nigeria Lays Groundwork for Open Banking
With a booming fintech sector, the Nigerian government and regulators are now setting the foundation for open banking, releasing regulatory frameworks for the safe and efficient transmission of data with hopes that subsequently new, innovative financial solutions will emerge and
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MENA Fintech Startup Funding Report and Map
Fintech is booming in the Middle East and North Africa (MENA), now representing one of the hottest industries in the region, according to a new report by investment data platform Magnitt and the Abu Dhabi Global Market (ADGM) international financial
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Fintech Saudi Arabia Access Guide and Annual Ecosystem Report
Fintech Saudi, a financial sector development program initiative launched by the Saudi Arabian government in 2018, has released its latest Fintech Access Guide, a bi-annual booklet for local and foreign fintech entrepreneurs covering topics such as regulation and business strategies.
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Saudi Arabian Bank Launches Blockchain-Based Cross-Border Payments System
At the Financial Sector Conference last month in Riyadh, Saudi Arabia, Saudi British Bank (SABB), one of the five largest banks by deposits in the country, announced the launch of a real-time cross-border transfer service based on the Ripple blockchain
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Dissecting Fintech Opportunities in Middle East and Africa
Dubai’s special economic zone, the Dubai International Financial Centre (DIFC), has released a new report that explores the opportunities related to fintech in the Middle East and African (MEA) region. The report provides recommendations and guidance for fintech firms looking
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A Glimpse into North African Countries Leading the Way in Fintech
African countries are home to some of the world’s most unbanked populations. In these nations, fintech and digital banking are redefining what it means bank the unbanked. Being the second largest continent in the world, it goes without saying that
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Qatar Works To Become A Fintech Hub
Qatar is being prepped to become a leading fintech hub in the Middle East. The Qatar Financial Centre (QFC), a business and financial center located in Doha providing legal and business infrastructure for financial services, has been working with major
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Etihad Airways Goes Fintech with New Loyalty Payment Solution
Etihad Airways, the second largest airline of the United Arab Emirates, teamed up with US payments startup Modo to co-develop a new loyalty solution for the airline industry. The solution, which focused on the redemption of Etihad Guest Miles, was
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