Archive
UAE and Middle East Banks Now Have a Way to Benchmark their Digital Banking Offerings
In response to digital mass adoption, Banks undergo drastic renovation in their digital channels, trying to remain competitive and avoid disruption. High-street Banks, Challenger Banks, even FinTech companies, often wonder: What functionality is offered by my competitors and what is
Read More
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.
Read More
Abu Dhabi Launches Blockchain Solution for Land Registry
Tech Mahindra has announced a partnership with the Department of Urban Planning and Municipalities (DPM) to launch a Blockchain solution for Land Registry using SmartHub Application. The solution will enhance citizen services by increasing transparency and traceability of records, security,
Read More
5 Key Areas For UAE’s Bank to Keep Pace with Fintech
Analysis conducted by Bloomberg Intelligence based on a roundtable discussion with Dubai Islamic Economy Development Centre (DIEDC) found that banks in the United Arab Emirates need to streamline their core banking processes before engaging with fintech players. The analysis highlights
Read More
A National eKYC Utility will be Created in Bahrain
Fenergo, a provider of digital Client Lifecycle Management (CLM) solutions for financial institutions, announces that it will be working with Bahrain’s Electronic Network for Financial Transactions (BENEFIT) in designing and implementing the world’s first national Know Your Customer (KYC) utility
Read More
Saudia Arabia Grants Fintech Experimental Permits to 3 Equity Crowdfunding Platforms
In reference to Fintech Experimental Instructions permits issued by the Capital Market Authority Saudia Arabia (CMA), Buthoor Solidarity, Afaq and Emkan Alarabiya will be able to experiment in equity crowdfunding which allows investors to participate in funding small and medium-size
Read More
Abu Dhabi Islamic Bank Starts with Samsung Pay for Visa Covered Cardholders
Abu Dhabi Islamic Bank (ADIB) has announced the launch of Samsung Pay, the mobile payment and digital wallet service for Samsung devices, for its Visa covered cardholders. Samsung Pay is the first mobile wallet system to be adopted by ADIB.
Read More