Tag "DIFC"

Amazon Payment Services Launches Fintech Lab at Dubai’s DIFC Innovation Hub

Amazon Payment Services, a payment processing service in the Middle East and North Africa (MENA) region, has launched the Amazon Fintech Lab in the DIFC Innovation Hub. The initiative is the latest in Amazon Payment Services’ efforts to support fintech

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New DIFC Innovation Hub Launched to Spur on Dubai’s Fintech Ecosystem

The DIFC Innovation Hub has been officially launched as part of the new Dubai Future District announced in January 2020 with over 350 fintech and innovation firms to spur on the fintech sector. The Dubai International Financial Centre (DIFC) is

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Abu Dhabi Financial Regulator Sets up ADGM Authority

The Board of Abu Dhabi Global Market (ADGM), the international financial center in Abu Dhabi, has approved the establishment of the ADGM Authority. This newly constituted authority will be led by Mark Nicholas Cutis as its Chief Executive Officer, who

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Dubai Economy and DIFC Inks Deal to Expand the UAE KYC Blockchain Consortium

Dubai Economy and Dubai International Financial Centre (DIFC) Authority have signed an agreement to consolidate efforts and expand the UAE KYC (Know Your Customer) Blockchain Consortium positioning it as the national corporate e-KYC platform, making it the first in the

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11 Startups Graduate Startupbootcamp Fintech Dubai’s 3rd Cohort

Startupbootcamp Fintech Dubai’s industry focused accelerator programme has concluded with 11 startups graduating from its third cohort. Startupbootcamp Fintech Dubai was launched in 2018 in partnership with Dubai International Financial Centre’s Fintech Hive (DIFC), Visa, Mashreq bank and HSBC. To

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Dubai Publishes Guides to Accelerate Its Position as a Sustainable Finance Hub

The Dubai Sustainable Finance Working Group has published two comprehensive guides as part of Dubai’s efforts to accelerate its position and expansion of Environmental, Social and Governance (ESG) and sustainable finance in the UAE and wider region. The Dubai Sustainable

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Startupbootcamp Fintech Dubai Second Cohort Raises $2.8m

Startupbootcamp FinTech Dubai’s second cohort has completed its accelerator program featuring 10 start-ups from the UAE, Singapore, USA, India, Finland, Egypt, Uzbekistan, South Africa, Kazakhstan, and Lebanon – double the number of countries represented from the first cohort, reflecting its

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The Region’s First Blockchain Know Your Customer Data Sharing Consortium

Dubai International Financial Centre and Mashreq Bank are partnering with norbloc, a leading Know Your Customer (KYC) and client onboarding fintech regionally headquartered in Dubai,  to launch the region’s first production-ready blockchain KYC data sharing consortium in Q1 2020 to

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Dubai Just Launched its Women-Only Accelerator to Drive Female Fintech Talent

Dubai will be getting its own female-focused accelerator programme soon, run by DIFC FinTech Hive. AccelerateHer is a mentorship programme held with Carter Murray, and aims to equip budding female professionals with the necessary tools and experience to become more active

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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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