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Kuwait Bank is Using Ripple for Immediate Cross-Border Transactions
National Bank of Kuwait (NBK) continues to offer the latest technological solutions in the sector of money transfers and has become the first financial institution in the country to launch the “NBK Direct Remit” for cross-border live payments which uses
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Egypt’s new national card meeza Accepted now on PayFort’s Payment Gateway
PayFort, an Amazon company, has announced that merchants using its online payment gateway will now be able to accept payments from Egypt’s new national card, ‘meeza’, following the announcement of the Central Bank of Egypt (CBE) for the national payment
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1st Industry e-KYC Utility Project With UAE Financial Institutions Concluded
Abu Dhabi Global Markets announces the successful conclusion of the first phase of the industry electronic-Know-Your-Customer (e-KYC) utility project. The Financial Services Regulatory Authority (FSRA) of ADGM, in collaboration with its project advisor, KPMG, have published a high-level summary of
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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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IDC Announces Winners of ‘Smart City Middle East Awards 2018
International Data Corporation hosted the inaugural edition of its ‘Smart City Middle East Awards’ at Dubai’s Jumeirah Creekside Hotel to honor the region’s most innovative ICT-enabled Smart City projects and initiatives. More than 80 nominations were received across ten categories,
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IDC Smart City Middle East Awards in Dubai
With more than 60 nominations already submitted, International Data Corporation (IDC) is making final preparations to host its inaugural Smart City Middle East Awards at Dubai’s Jumeirah Creekside Hotel on Tuesday, May 1st, 2018. Designed to recognize and reward the
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First Digital Bank Launched in Dubai
The Commercial Bank of Dubai (CBD), announced late in November that it is launching “CBD Now”, Dubai’s first digital-only bank. They aim to target millennials and digitally connected customers early in 2017. Peter Baltussen, CEO of Commercial Bank of Dubai
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