Abu Dhabi
UAE to Bolster Data Security With Its First National Crypto Library
Abu Dhabi’s Technology Innovation Institute (TII), the applied research pillar of the Advanced Technology Research Council (ATRC), announced that its Cryptography Research Centre (CRC) has built the UAE’s first national and sovereign crypto library. By leveraging a combination of custom
Read MoreFirst Abu Dhabi Bank Ties up With Visa to Launch Virtual Corporate Card
First Abu Dhabi Bank (FAB) has partnered with Visa to launch digital payment solutions, the Visa Central Travel Account and Virtual Corporate Cards, to cater to its corporate clients. The Central Travel Account solution was designed to make it easier
Read MoreCloud Banking Platform Mambu Expands Its Reach With New Office in the UAE
Cloud banking platform Mambu announced that they have set up a new office in Abu Dhabi as the United Arab Emirates has quickly emerged as a key market for it. As a state-of-the-art hub, the UAE is consistently evolving and
Read MoreUAE Central Bank Launches its Fintech Office
The Central Bank of the UAE (CBUAE) announced the opening of its fintech office during the FinTech Abu Dhabi 2020, that the former co-hosted with the Abu Dhabi Global Market (ADGM). The new office aims to develop a mature fintech
Read MoreAI-Powered Robo Asset Manager FinaMaze Launches in the UAE
FinaMaze, based in Abu Dhabi, announced the launch of its AI-powered robo asset manager for the Middle East and North Africa (MENA) region during the Fintech Abu Dhabi 2020 forum. FinaMaze offers tailor-made solutions to navigate the financial investment maze
Read MoreADGM Forms Ties With Israel Securities Authority for Fintech Agreement
The Abu Dhabi Global Market Financial Services Regulatory Authority (ADGM FSRA) and the Israel Securities Authority (ISA) have entered into a fintech cooperation agreement. The agreement provides a framework for information sharing as well as facilitating the movement of startups,
Read MoreNeobanks Make Inroads in the UAE
Though still a nascent industry in the United Arab Emirates (UAE), neobanking is steadily making inroads into the country. Last month, news broke that Abu Dhabi state-owned holding company ADQ will be setting up a digital bank in the United
Read MoreFirst Abu Dhabi Bank Enables Fully Digitised Account Opening for SMEs
First Abu Dhabi Bank (FAB), has fully digitised its account opening processes for SMEs in the United Arab Emirates region through its BASHER portal. The Government of the United Arab Emirates represented by The Department of Proactive Services – Ministry
Read MoreOpen Banking Platform Tarabut Launches in Abu Dhabi and Dubai
Bahrain-based Tarabut Gateway has expanded to the United Arab Emirates with the launch of its open banking platform in the country. The company has simultaneously opened two new offices at Abu Dhabi’s global tech ecosystem, Hub71 and Dubai’s DIFC FinTech
Read MoreCommercial Bank of Dubai Partners with NOW Money to Target Low-Income Customers
Commercial Bank of Dubai (CBD) has signed an agreement with NOW Money, a digital account service, to provide accounts and cards targeted specifically at low-income customers. NOW Money will open accounts for existing CBD low-income customers (previously known as Rateb
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