Blockchain-powered global payment network Ripple has announced their partnership with Saudi Arabia’s National Commercial Bank (NCB), a banking firm worth $120 billion.
JadoPado founder pulls the plug on Middle East crypto exchange firm
Digital entrepreneur Omar Kassim, who sold e-commerce site JadoPado to competitor noon last year, has halted plans to create a new cryptocurrency exchange in the UAE.
AI technologies dominate boardroom agendas: Middle East executives
Artificial intelligence (AI) and Robotic Process Automation (RPA) are the most prominent technologies on their boardroom agenda, according to senior executives in the MENA region.
Saudi Arabia’s SABB joins global blockchain consortium
The Saudi British Bank (SABB) has joined enterprise software firm R3’s global blockchain ecosystem.
Dubai Startup inks “fintech voucher” deal with Samsung
VoucherSkout has announced a ‘first of its kind’ partnership with market-leading smartphone giant, Samsung.
UAE jump starts regulatory control of fintech
The UAE Securities and Commodities Authority (SCA) has issued a resolution approving the regulatory control of Fintech.
Dubai kicks off second edition of FinTech Hive
Dubai International Financial Centre’s FinTech Hive has opened the 2018 edition of its accelerator programme, in partnership with Accenture.
AI to detect mobile banking fraud in seconds
Microsoft has developed a solution using artificial intelligence (AI) that can identify fraudulent mobile banking transactions in less than two seconds.
HSBC UAE promises 80% digital interaction to customers
HSBC UAE has unveiled its latest innovation designed to deliver the best digital banking experience with a first-of-its-kind Customer Service Unit (CSU) in Mirdiff City Centre.
Abu Dhabi offers licences for tech startups
Abu Dhabi Global Market (ADGM) announced the launch of the new commercial license for ADGM tech start-ups for entrepreneurs.
Dubai’s DFSA inks FinTech deal with Singapore authority
The Dubai Financial Services Authority (DFSA) and the Monetary Authority of Singapore (MAS) have recently entered into an agreement that provides a framework for cooperation and referrals between the innovation teams of each authority.
Standard Chartered pilots world’s first blockchain-based trade finance guarantees
Standard Chartered to introduce industry-first end-to-end blockchain-based smart guarantees proposition in trade finance.
UAE-based firm launches world’s first Shariah-compliant crypto exchange
UAE-based financial services firm ADAB Solutions has announced plans to launch the world’s first Shariah-compliant cryptocurrency exchange.
Dubai-based Finesse to drive digital banking with new partnership
Equifax Analytics and Finesse have signed a partnership agreement to drive digital transformation in financial institutions across the Middle East via its BureauOne platform.