Archive

Open Banking APIs, AI Among Top Fintech Trends in Bahrain this Year

Bahrain Fintech Bay, a fintech hub spearheaded by the government, has identified open banking APIs, artificial intelligence (AI), customer-centric models, and fintech as infrastructure as the four key trends in the domestic fintech ecosystem expected to boom this year on

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Mosul Bank Selects CR2’s Bankworld to Accelerate Digital Banking Transformation in Iraq

Mosul Bank has selected CR2, one of the world’s leading software vendors in the digital banking and payments market, to accelerate its digital banking transformation strategy in the Iraqi market. This latest win for CR2 will see Mosul Bank offering

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Scholarships in Cybersecurity: Amazon Payment Services Partners With Princess Sumaya University

Amazon Payment Services is collaborating with Princess Sumaya University for Technology (PSUT) in Jordan to nurture and invest in cybersecurity talent. Aiming to develop forward-thinking security innovation and information security leadership in the region, the collaboration will offer students attending

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Al Fardan Exchange Partners With Thunes to Enable Instant Payments in the UAE

Al Fardan Exchange, one of the largest money transfer and currency exchange firms in the United Arab Emirates (UAE), announced today a partnership with Thunes, a cross-border payments, enabling Al Fardan Exchange customers to make seamless payments to 87 countries.

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6 Proptech Startups in UAE to Watch Out for

The United Arab Emirates (UAE)’s real estate industry is witnessing a major digital shift, fueled by so-called proptech innovation that are using digital platforms and applying artificial intelligence (AI), big data analytics, cloud computing and other technologies to optimize operations

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DIFC Launches Artificial Intelligence and Coding License

Dubai International Financial Centre (DIFC) announced the launch of a ground-breaking Artificial Intelligence (AI) and coding license, in cooperation with the UAE Artificial Intelligence Office. The license, which is a UAE first, will advance the country’s Artificial Intelligence Strategy 2031,

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New Virtual Asset Regulation, Licensing Framework Coming to Dubai Free Zone

As investment and trading activity in virtual and digital assets continue to grow in the Middle East, economic zone financial regulator, the Dubai Financial Services Authority (DFSA), is looking to introduce new regulation for the asset class as well as

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Alaan, a Multi-Currency Spend-Management Platform Gets $2.5mln in Seed Funding

Alaan, a UAE based corporate spend-management fintech, announced it is coming out of stealth mode with an imminent launch after raising $2.5M in seed funding. The startup is the Middle East’s first multi-currency spend management platform enabling SMEs to spend

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Capital Bank of Jordan Launches Blink Neobank

In March 2021, Capital Bank of Jordan partnered with Codebase Technologies to build Blink, the first digital-only neobank in Jordan. The project officially commenced in late 2021 and in February 2022, Blink went live for Jordanian customers. Blink was born

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