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Standard Chartered Launches Second Wave of Digital-only Banks Across 4 African Markets

Standard Chartered today announced the start of the second phase of its digital-only retail bank across Africa. In response to growing consumer demand for innovative banking services on the continent, the Bank will launch its digital solution in four key

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Digital Transformation Spending in META to Reach $40 Billion by 2022

The Middle East, Turkey, and Africa (META) region will see annual spending on digital transformation (DX) initiatives cross the $20 billion mark by the end of this year, according to the latest insights from International Data Corporation. The global technology

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UAE Tops The Global Charts with an All-in-One Payment Feature for its Citizens

Between accelerators, the development of fully digital banks and government initiatives, the UAE is in the midst of an exciting time in fintech. The government, entrenched financial institutions and the humble innovators are all working in tandem with a vision of bringing

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Brett King’s Moven and Almoayed Partner to Transform Digital Banking Across MENA

With the goal of empowering banks in the MENA region to lead the world in digital banking services, Almoayed Technologies, the Kingdom’s first officially confirmed Open Banking AISP/PISP, announced a strategic partnership with Moven Enterprise, the turnkey smart-banking technology platform

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4-fold Increase in Cryptomining Attacks in the META Region

The past year has been extremely eventful in terms of the digital threats faced by financial institutions: cybercrime groups have used new infiltration techniques, and the geography of attacks has become more extensive. According to the KSN statistics by Kaspersky

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Mobile Payments in the Middle East: News Roundup

The Middle East is witnessing a burgeoning mobile payment market with a number of players offering a multitude of diverse services. The United Arab Emirates (UAE) in particular has seen a boom in the number of available mobile payment services.

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Gulf Based Fintech Startups to Attract US$ 2 Billion in The Next Decade

Investments in Gulf-based fintech startups are expected to reach US$ 2 billion in the next decade, compared to a mere US$ 150 million invested in the last 10 years, according to a new study by MENA Research Partners (MRP). The

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Standard Chartered CEO: The Digital Future for the African Continent is Bright

We are fortunate to witness a period of monumental progress in Africa. The changes are visible across all sectors. African start-ups have raised a record-breaking $560 million in 2017, an increase of 53% from the previous year. African governments have

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14 Upcoming Fintech and Digital Finance Events in the Middle East

As the Middle East witnesses the emergence of a thriving fintech ecosystem, an increasing number of events and conferences are being held in the region to showcase its innovative products and latest initiatives. The followings are some of the Middle

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Reflecting On Fintech News Middle East’s 1st Year Amidst the Region’s Fintech Boom

Time surely flies, almost without realising it we are celebrating our one year anniversary since launching our Fintech News Middle East in September 2017. And what a way to mark our 1 year anniversary than to forge partnership up with

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