Various

IFC Launches New Platform to Bolster Venture Capital Ecosystems in Africa, Middle East, Central Asia, and Pakistan

To help build the digital economy in Africa, Middle East, Central Asia, and Pakistan, IFC has launched a new $225 million platform to strengthen venture capital ecosystems and invest in early-stage companies addressing development challenges through technological innovations in climate,

Read More

Demystifying Accounts Payable Automation

According to the Ardent Partners market research study: ‘The State of ePayables 2022’, 70% of mid-market companies have made Accounts Payable (AP) automation a priority. While this positive trend represents a 48% increase over that of the previous year, many

Read More

UAE Government Officials Share Metaverse Ambitions

At the Dubai Metaverse Assembly event last month, top government officials from the United Arab Emirates (UAE) shared their ambitions for the country to become a metaverse pioneer and leader, revealing ongoing initiatives and aspirations moving forward. The Dubai Metaverse

Read More

Top 10 Fintech Startups in the Middle East

Forbes Middle East has released its selection of 2022’s top 25 fintech companies in the region, recognizing the Middle East’s most successful public and private fintech firms. The list features firms that are applying technology to financial sectors including payments,

Read More

Organizations Struggle with Increased IT Complexity

These past couple of years have seen the pace of digital transformation increase dramatically as organizations globally moved to the cloud and embraced hybrid office environments to overcome the limitations imposed by COVID-19. But despite enabling operational continuity, gains in

Read More

MENA’s Demand for Payment Hubs Rises as Open Banking Fuels Cross-Border Flows

The accelerated digitalisation that swept the globe in the last two years has led to widespread adoption of digital financial services. Customers – both individuals and businesses – now want their services fulfilled instantly, and that extends to cross-border settlements

Read More

Digital ID Verification, Remote Document Signing to Become the Norm in Finance Sector

The pandemic has accelerated the growth of non-face-to-face interactions, forcing banks, merchants and others to swiftly deploy digital tools to accurately verify the identity of the person on the other end of a digital transaction. A 2021 study by advisory

Read More

8 Financial Processes Poised for Digital Transformation

COVID-19 accelerated trends toward remote banking and digitalisation, forcing financial institutions to embrace new technologies and processes to keep their businesses functional despite social distancing restrictions. Now, with more and more people relying on digital solutions for interactions and transactions,

Read More

Businesses Are Banking On 3DS2 for Secure Checkout in MENA’s Us$50B e-Commerce Market

The accelerated digitization brought on by the Covid-19 pandemic has boosted an already popular retail market in the Middle East and North Africa (MENA) region, bringing it to a new, larger, and global online sphere. Marketplaces, financial services providers, and

Read More

Using E-Signatures to Ensure Business Continuity in an Increasingly Digital World

The COVID-19 pandemic has accelerated the trend towards digitisation. Suddenly, government agencies, organisations, and businesses of every industry have been thrust into a world of remote processes, and the need for technology that enables business continuity has never been higher. Businesses

Read More