Archive
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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Cloud 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
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Amazon Payment Services Kicks off in MENA Region
Amazon has launched its Amazon Payment Services, previously known as PAYFORT, as a payment processing service in the Middle East and North Africa (MENA) region aiming to empower businesses with simple, affordable, and trusted online payment experiences. The newly launched
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UK Startup Ebury First to Receive Financial Services License Under DFSA
Dubai International Financial Centre (DIFC), announced that Ebury, a UK fintech startup offering cross-border financial services and risk management, has been granted a Financial Services license to carry out the regulated activity of providing Money Services from the center. Ebury,
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