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South Africa’ Digital Only Bank Tyme Welcomes its 1 Millionth Customer in only 10 Months

TymeGlobal is proud to announce that its first Tyme-powered digital bank — TymeBank in South Africa — has opened bank accounts for 1 million customers in its first 10 months of operations, a landmark achievement placing Tyme squarely as a

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Regtech Still Nascent in the Middle East

Regtech is still a nascent niche segment within the Middle East’s fintech industry, though governments across the region are pushing for greater use of technology to enhance regulatory processes. The United Arab Emirates (UAE), the region’s leader in all-things fintech,

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Huobi’s Expansion Brings Crypto Trading Solutions to UAE

According to reports, 5.2% of the UAE population holds some form of cryptocurrencies, indicating a growing interest among people to invest in digital assets. Encouraging Huobi, one of the largest digital assets exchange provider to expand its presence in the

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The Winners of the Citi MENA Fintech Challenge

Citi announced the winners of the MENA Fintech Challenge. Fawry, PaySky, Octet and Wipro Limited and Traydstream.The Citi MENA Fintech Challenge offered the region’s Fintech community the opportunity to put their ideas into practice and come up with innovative solutions

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MENA Fintech Startup Funding Report and Map

Fintech is booming in the Middle East and North Africa (MENA), now representing one of the hottest industries in the region, according to a new report by investment data platform Magnitt and the Abu Dhabi Global Market (ADGM) international financial

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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

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One of the Hottest Swiss Fintech Expands to Middle East

Instimatch Global, the leading digital network for institutional money market trading, has appointed international entrepreneur Hassan Al-Lawati as Chief Relationship Officer to lead its expansion in the Middle East. Al-Lawati brings extensive global experience along with regional knowledge and relationships,

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Artificial Intelligence will Boost Middle East’s GDP

As technology evolves at an ever-increasing pace, decision-makers are coming to terms with the need to embrace change and transform the way they conduct business. In fact, 85% of the CEOs interviewed in PWCs most recent Global Annual CEO Survey

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Payfort Partnership with Government of Ajman to Provide Payment Facilities via AjmanPay

PAYFORT, an Amazon company, today announced a partnership agreement with the Government of Ajman, aimed at enhancing and extending the payment options currently offered by the emirate’s unified smart payment gateway, AjmanPay. The partnership will pave the way for a

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Africa and the Middle East, the Next Battleground for E-Commerce Companies

E-commerce in Africa and the Middle East is poised for growth. Thanks to a combination of fast-growing developing markets, highly affluent, connected, yet underserved mature markets, and growing Internet and smartphone penetration, according to PPRO Financial’s Payments & E-commerce Report

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