Visa cardholders in Saudi Arabia can now make easy, quick and secure purchases using their iPhone and Apple Watch in stores that accept contactless payments.
Apple co-founder to discuss FinTech revolution in Bahrain
Global tech innovator and Apple Computers co-founder Steve Wozniak will share his thoughts and predictions on the current and future state of the global financial technology industry at the upcoming Fintastic Bahrain Week.
UAE’s Mall of the Emirates rolls out WeChat Pay
UAE’s Mall of the Emirates has reportedly announced that its retailers are now accepting purchases via WeChat Pay, making it easy and convenient for Chinese visitors to make cashless transactions at the mall.
Dubai royal backs European crypto fund
SEED Group, a Dubai firm led by a royal family member Sheikh Saeed bin Ahmed Al Maktoum, is reportedly backing a Liechtenstein-based crypto fund.
Oman bank introduces biometric features for mobile services
Sohar International has recently integrated biometric authentication technology into its mobile banking services.
Abu Dhabi bank expands network of tech-powered branches
Abu Dhabi Islamic Bank (ADIB) has expanded its network of ADIB Express branches, following a strong reception from customers, opening two new locations in the UAE.
Bahrain Fintech Bay announces new JV to boost AI adoption
Labiba for Artificial Intelligence announces formation of Labiba W.L.L and its venture acceleration partnership with Bahrain Fintech Bay.
UAE Banks Federation turns to tech to combat cheque fraud
UAE Banks Federation (UBF), in coordination with UBF IT Committee, has hosted a workshop dedicated to UBF member banks to address a new and innovative approach in combatting cheque fraud.
Ajman Bank customers can now use Samsung Pay
Samsung has announced its partnership with Ajman Bank to make Samsung Pay available to its customers in the UAE.
Saudi bank becomes first Middle East firm to offer staff training on AI
Saudi-based bank Alawwal has partnered with leading global tech firm Reaktor to train its entire workforce on the basics of artificial intelligence (AI).
UAE bank rolls out cardless cash withdrawal feature
Emirates Islamic has introduced Cardless Cash Withdrawal – a unique feature available on the Bank’s Mobile Banking App.
Dubai, UK to foster collaboration between FinTech ecosystems
Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding (MoU) with Innovate Finance, an independent membership association that is at the heart of the UK’s FinTech ecosystem.
Emirates NBD supports smart payments and active lifestyle with new service
As wearable payment solutions gain popularity in the UAE, Emirates NBD has announced its support of Fitbit Pay and Garmin Pay, making it the first bank in the Middle East to offer this service.
Abu Dhabi-based Islamic bank completes data warehouse project
Al Hilal Bank has announced the completion of its Data Transformation Programme, as part of the its strategy to enable digital evolution throughout its entire chain of operations.