Tag "Mashreq Bank"

Mashreq Offers Fully Integrated Mobile IPO Subscription Service

Mashreq is the first bank to go live with its digital IPO subscription through its mobile application. The bank’s retail customers can now generate a National Investor number (NIN), open a brokerage account in Mashreq Securities and subscribe digitally to

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Mashreq Hires Veteran Banker as Group Head of Tech, Transformation and Information

Mashreq Bank announced that it has appointed Alexander Raiff as its new Group Head of Technology, Transformation and Information, effective 1st April 2022 onwards. Alexander is a seasoned technology professional with over 30 years of experience; noteworthy is his role

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Mashreq Bank Launches Neopay

Mashreq Ban has completed the transition of its existing payments business into a new, wholly owned subsidiary, IDFAA Payment Services LLC, with a brand name NEOPAY, powered by Mashreq. NEOPAY, powered by Mashreq Bank, will leverage the latest technology and

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Mashreq Invests in F&B Payment Fintech Touché

Mashreq has announced an investment in the FinTech Touché, which is revolutionizing the F&B and hospitality industries with its streamlined payment system. The partnership re-enforces Mashreq’s commitment to support the burgeoning FinTech ecosystem across the UAE, working with innovators and

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Mashreq Invests with Venture Fund into NymCard

Mashreq has taken a stake in NymCard, the only Banking-as-a-Service provider in the Middle East, to help grow the booming FinTech ecosystem in the UAE and support the next generation of innovators. This investment is part of a FinTech fund

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Federal Bank Partners Mashreq Bank for Instant Money Transfers From UAE to India

Federal Bank has entered into a strategic tie-up with Mashreq Bank to facilitate money transfers from the UAE to India by supporting the latter’s faster payment product, QuickRemit, which was launched in 2017. As a result of the partnership, Mashreq

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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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DIFC and Mashreq Bank Launch Instant Bank Account Opening with the Region’s First KYC Blockchain Platform

Dubai International Financial Centre (DIFC) and Mashreq Bank announced the region’s first blockchain data sharing platform, now live in production, to support licensed businesses and corporates opening digital bank accounts instantly. In continuation of the consortium formed back in July 2019

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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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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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