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.
Financial sector top target for phishing attacks: report
In the second quarter of 2018, Kaspersky Lab’s anti-phishing technologies prevented over 107 million attempts to visit phishing pages, of which 35.7 percent were related to financial services and targeting customers through fake banking or payment pages.
Fintech innovators to take centre stage in Abu Dhabi
Abu Dhabi Global Market (ADGM) has opened the second edition of the FinTech Abu Dhabi Summit.
Dubai’s first-ever digital-only bank introduces new service
Liv., the lifestyle digital bank by Emirates NBD aimed at millennials has announced that they are working with Al Etihad Credit Bureau (AECB) to provide customers easy and instant access to their AECB Credit Score.
Abu Dhabi Islamic Bank accelerates digital drive with new appointment
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has appointed Serhat Yildirim as its new Chief Digital Officer.
Chinese consumers in UAE can now use Alipay
Network International has partnered with Alipay to provide seamless payment services to Chinese shoppers in the UAE.
UAE transfers AED 1 billion wages via e-system
Around AED 1 billion ($272.2 million) worth of wages was transferred through the UAE Wages Protection System (WPS) during the period from 2013 through 2017, according to the recent figures by the Central Bank.
UAE-based finance firm strengthens digital services
Al Hail ORIX Finance has formed a strategic partnership with UAE-based fintech payments company Monami Tech to deploy Monami Tech’s technology for SAMA’s business and consumer lending project.
Fully digitised mortgage registration system coming to UAE soon
The Abu Dhabi Municipality has signed five agreements related to the delivery of e-mortgage services through the smart digital services …
UAE-based fintech startup upgrades mWallet features
Trriple, a UAE-based fintech start-up, has added new services and features to its mobile wallet application, which is available for download on Google Play Store and the Apple App Store.
Saudi Arabia digital financial platform goes online
Saudi Arabia’s Ministry of Finance has successfully launched its new digital portal Etimad, to streamline services for the public and private sector.