Dubai

First a Digital Bank, Now Mashreq Incorporates Artificial Intelligence

Mashreq Bank has begun implementing artificial intelligence, machine learning, and cognitive capabilities into its daily banking operations by buying into Virtusa Corporation’s Blue Prism Digital Workforce program. The UK-based software provides enterprise-level robotic process automation  that eliminates manual data entry

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Fintech Hive Welcomes 22 Innovative Startups for its 2018 Accelerator Programme

FinTech Hive, the first and largest financial technology accelerator in the Middle East, Africa and South Asia (MEASA) region, announced the commencement of the 2018 edition of its accelerator programme, in partnership with Accenture. The second edition received an overwhelming

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Robo-Advisor Sarwa Raises New Round of Funding

Sarwa, the first regulated automated investment advisory platform in the region, announced that it received over $1.3M in its pre-series A round of financing. The funds raised include investments from major international and regional venture capital firms. Shorooq Investments from

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Fintech Agreement Between Dubai and Singapore Financial Services Authority

The Monetary Authority of Singapore (MAS) and the Dubai Financial Services Authority (DFSA) have signed a FinTech Agreement that allows referrals of innovative businesses between the two authorities. The Agreement reflects the commitment of both authorities to support the continuous

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Middle East: Where To Stay At While Attending these 7 Fintech Events

Whether you’ve registered your  for these upcoming fintech events, or are still considering whether to attend, booking your accommodation early is always advisable in order to ensure a hassle-free trip. Here are some of the closest hotels to the conference venues;

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DIFC Launches Scheme To Fast Track Fintech Startups

The Dubai International Financial Centre (DIFC) will establish a commercial licensing scheme for fintech firms based in the Middle East, Africa and South Asia (MEASA) it was announced recently. The scheme will provide short term, cost-effective licensing for fintech, regtech

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World’s First Court on the Blockchain in Dubai

The Dubai International Financial Centre (DIFC) Courts have partnered with Smart Dubai to create the world’s first Court of the Blockchain. Building on existing dispute resolution services, the alliance will initially explore how to aid verification of court judgments for cross-border enforcement. The partnership

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UAE Fintech Accelerator : 300 Applications

FinTech Hive, the first fintech accelerator in the Middle East, Africa and South Asia (MEASA) region, is gearing up to start its 2018 edition in September, in partnership with Accenture. FinTech Hive has received an overwhelming response of over 300

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Dubai Wants to Serve as Regional Digital Financial Inclusion Hub

The UAE is ideally positioned to serve as the ‘beating heart’ of a regional innovation hub; according to a new report published by Oliver Wyman in collaboration with Dubai International Financial Centre . Titled “The Case for an Innovation Hub

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Dubai Holding Invest AED 1 Billion to Launch Next Generation Digital Bank for UAE

Dubai Holding, the global investment holding company, has announced it will invest up to AED 1 billion over the next five years to launch a next-generation digital bank for the UAE, with plans to expand services across the Middle East

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