The MENA headquarters of Singapore-based next generation blockchain platform, Locus Chain Foundation (LCF), in Dubai has announced that it will create a token wallet on Bibox.
RAKBANK enables seamless cash remittance via blockchain network
RANKBANK has signed an agreement with Sri Lanka’s Cargills Bank to leverage Ripple to enhance its financial services.
Middle East finance firms plan more fintech tie-ups in coming years: study
FinTech is increasingly impacting the financial services sector with 82 percent of financial services companies plan to increase fintech partnerships in the coming three to five years.
Dubai Expo 2020 to use biometrics, VR tech for cashless payments
Mastercard has been named as the official payments technology partner of Expo 2020 Dubai with the aim of creating personalised, seamless and cashless experience for millions of visitors from around the world.
Abu Dhabi authorities to develop smart solutions for fintech sector
Abu Dhabi Global Market (ADGM) has announced the signing of a strategic new Memorandum of Understanding (MoU) with Abu Dhabi Smart Solutions and Services Authority (ADSSSA).
Smart Dubai turns to blockchain to expedite government transactions
Smart Dubai Office (SDO) has launched the ‘Payment Reconciliation and Settlement’ System, which was developed in collaboration with the Dubai Department of Finance as a blockchain-powered upgrade to its financial system.
Dubai-based bank teams up with PwC to foster digital innovation
Commercial Bank of Dubai, (CBD) and PwC Middle East have signed an agreement to foster innovation in the country.
Saudi telco rolls out fintech solution for the “unbanked” population
Saudi Telecom Company is reportedly launching its first-ever FinTech platform in the kingdom next month.
ADGM enlists UAE telcos to boost digital innovation in finance sector
ADGM, Etisalat and du have partnered deploy and showcase innovative solutions and integrated services to transform the digital offerings of information and communications technology and related services across Al Maryah Island.
Abu Dhabi regulator calls for stricter crypto trading policies
Abu Dhabi Global Market’s head of Financial Services Regulatory Authority called for stricter international regulations for cryptocurrency trading.
UAE telco to drive digital transformation with new deal
Emirates Integrated Telecommunications Company, du, has announced a new partnership with the Abu Dhabi Global Market, ADGM, the international financial …
Dubai-based firm launches Sharia-compliant digital currency
Dubai-based OneGram Group has listed a cryptocurrency it bills as sharia-compliant on the company’s virtual exchange and is planning additional listings in coming months, its chief executive said on Tuesday.
Abu Dhabi rolls out digital initiative to spur financial services
Abu Dhabi Global Market, ADGM, has announced an initiative to launch a FinTech digital sandbox.
Ripple effect: Saudi bank joins blockchain-powered payment network
Blockchain-powered global payment network Ripple has announced their partnership with Saudi Arabia’s National Commercial Bank (NCB), a banking firm worth $120 billion.