Tag "Middle East"

19 Upcoming Fintech Events to Attend in the Middle East

Fintech is one of the most dynamic and fastest evolving industries in the world, driven by advances in technology, continuous innovation in the space, and investors’ bullishness in the prospect of digital tools and technology to solve some of the

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Fintech Continues to Gain Momentum in the Middle East and Turkey

In the Middle East and Turkey, young and tech-savvy consumers are driving demand for fintech products and services. Mastercard researches show that not only usage of fintech solutions is raising in the region, but digital tools are also becoming a

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Top 10 Fintech Startups in the Middle East

Forbes Middle East has released its selection of 2022’s top 25 fintech companies in the region, recognizing the Middle East’s most successful public and private fintech firms. The list features firms that are applying technology to financial sectors including payments,

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8 Upcoming Live and Virtual Fintech Events in the Middle East

Over the past years, the fintech sector in the Middle East has seen substantial growth. According to the State of Fintech report, the number of startups offering financial services in the Middle East and North Africa (MENA) region doubled from

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Amazon’s Growing Foothold in the Middle East

Amazon is aggressively expanding its e-commerce business in the Middle East, multiplying product launches with the introduction of home services in the United Arab Emirates (UAE) in July 2020, payment processing services in the broader Middle East and North Africa

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20+ Neobanks in the Middle East You Have to Know

Digital banking is heating up in the Middle East with now more than 20 neobanks across the region, according to new data from Dutch fintech consultancy group Fincog. Most of these neobanks were launched by incumbents as standalone digital banks

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Open Banking Makes Foray Into the Middle East

Globally, initiatives across different jurisdictions have emerged to make open banking a reality, ranging from direct regulatory requirements, like what’s been done in the UK and the European Union (EU), to market-coordination and industry-led initiatives such as in the US

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Middle East Sees Booming Fintech Ecosystem Though Challenges Remain

Though still in early stage, the Middle East’s fintech sector is rapidly growing, fueled by a young demographic eager to adopt new digital solutions, low penetration of formal banking channels, and the region’s governments push for fintech adoption, says a

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Middle Eastern Banks Slow in Embracing Fintech Despite Customers Keenness

In the Middle East, despite customers’ willingness to adopt innovative fintech solutions, banks are still reluctant in integrating fintechs into their strategy, with most choosing to follow a “wait and see” approach, according to a new report by Deloitte. In

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Regtech Still Nascent in the Middle East

Regtech is still a nascent niche segment within the Middle East’s fintech industry, though governments across the region are pushing for greater use of technology to enhance regulatory processes. The United Arab Emirates (UAE), the region’s leader in all-things fintech,

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