Archive
New Report Calls for Open Banking Harmonization Across the Arab World
Open banking is making inroads in the Arab world but visions and strategies between countries across the region vary dramatically. Defining a holistic vision for open banking in the region will allow Arab countries to fully reap the fruits of
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20+ Neobanks in the Middle East You Have to Know
Digital banking is heating up in the Middle East with now more than 20 neobanks across the region, according to new data from Dutch fintech consultancy group Fincog. Most of these neobanks were launched by incumbents as standalone digital banks
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University of Bahrain Turns Towards AWS for Its Cloud Migration
The University of Bahrain (UoB), the Kingdom’s largest public university with over 28,000 students, is going all-in on Amazon Web Services (AWS), provider of cloud computing services. The university is in the final phase of migrating its entire IT infrastructure
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Emirates NBD’s Mobile Banking App Now Available on Huawei AppGallery
Emirates NBD announced that its mobile banking app is now available on the Huawei AppGallery, providing its customers with added choice and flexibility. The partnership places Emirates NBD’s mobile banking app on what Huawei claims to be the world’s third-largest
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UAE 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
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Booming Nigerian Fintech Sector Could See Revenues Reach US$543M by 2022
Fintech revenues in Nigeria are projected to reach an estimated US$543 million by 2022, driven by increasing smartphone penetration and a large population of unbanked eager to adopt digital financial services, according to a new report by the Economist Intelligence
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AI-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
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