Virtual Banking
CR2 Named Technology Leader in the Digital Banking Platform Market 2022
Quadrant Knowledge Solutions announced today that it has named CR2 as a 2022 technology leader in the SPARK Matrix analysis of the global digital banking platform market. The Quadrant Knowledge Solutions SPARK Matrix™ includes a detailed analysis of global digital
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STC Pay Clinches One of the Two Digital Bank Licenses in Saudi
The Saudi cabinet has granted a digital bank license to STC Pay, a digital payments company which is a fully owned subsidiary of Saudi Telecom. STC Pay will be converted into a local digital bank, with a capital of SAR
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Neobank YAP Debuts as the First Independent Digital Banking Platform in the UAE
Dubai-based neobank YAP has launched as the first independent digital banking platform in the UAE according to Reuters. YAP said that more than 20,000 customers have pre-registered and the accounts will gradually go live in coming weeks. YAP has not
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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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Neobanks Make Inroads in the UAE
Though still a nascent industry in the United Arab Emirates (UAE), neobanking is steadily making inroads into the country. Last month, news broke that Abu Dhabi state-owned holding company ADQ will be setting up a digital bank in the United
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Abu Dhabi Free Zone: Digital Bank Licensing Gains International Interest
Several firms from the United Arab Emirates (UAE), the broader Middle Eastern region, and Asia-Pacific, are looking to establish digital banks in Abu Dhabi’s financial free zone, said Richard Teng, chief executive of the Financial Services Regulatory Authority (FSRA), the
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Huawei Developer Conference: Brett King Talks Financial Inclusion, Banking 4.0, and More
At the 2020 Huawei Developer Conference held earlier this week, fintech influencer, best-selling author, and entrepreneur Brett King joined the finance tech.session to talk about the role of technology to improve financial inclusion and shared his views on how banking
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