Posts From Fintechnews Middle East

Dubai’s Road Transport Authority Launches Smart Payment Card

Dubai’s Roads and Transport Authority (RTA) and Huawei Consumer Business Group announced the launch of the Gulf Cooperation Council’s (GCC) digital nol cards and nol Pay mobile app on the Huawei AppGallery. This collaboration is in line with the RTA’s

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7 Fintech Startups in UAE to Watch in 2021

The United Arab Emirates (UAE) is the largest fintech hub for startups in the Middle East and North Africa (MENA), housing about 50% of the region’s fintech companies. In the UAE, two leading financial free zones, Abu Dhabi Global Market

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Fintech in 2020: Key Developments that Shaped UAE’s Fintech Industry This Year

The United Arab Emirates (UAE) is the largest fintech hub in the Middle East and North Africa (MENA) and home to half of the region’s fintech companies. As of November 2020, the UAE accounted for over 60% of funds raised

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Year End Message to Our Readers – Offline from 29th December to the 3rd January

Fintech News Middle East would like to take this opportunity to wish all our readers a very Happy New Year. We will be taking a break from the 29th December 2020 to the 3rd January 2021. Until then, you can

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Tabby Ties up With IKEA to Offer Interest-Free Buy Now, Pay Later Option

tabby, a Middle East “Buy Now Pay Later” platform, announced that it has partnered with Swedish home furnishing retailer, IKEA to provide customers in the UAE with the flexibility to pay in interest-free installments for their online and in-store purchases.

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Aramco Teams up With Google Cloud Services for Push Into Saudi Market

Saudi Aramco Development Company, a subsidiary of Aramco, announced it had teamed up with Google Cloud to offer high-performance, low-latency cloud services to enterprise customers in Saudi Arabia. The Kingdom is being added to the global network of Google Cloud

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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

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Visa Study Forecasts Booming E-Commerce Sector Amidst Rising Digital Payments

The UAE e-commerce sector is expected to continue on an upward trajectory due to the digital payments boom during the COVID-19 pandemic, according to a joint study by Dubai Economy and Visa. The “United Arab Emirates (UAE) eCommerce Landscape 2020”

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First 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

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Authentication Is Done. What About Identification?

Airome Technologies, a Singapore-based developer of cybersecurity solutions for digital banking and e-document management systems, has been working with authentication and transaction confirmation technologies for a while, creating advanced products in this field. However, with the pandemic situation the company

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