Global financial technology (Fintech) funding rose to $111.8 billion in 2018, up 120 percent from $50.8 billion in 2017, according to the KPMG Pulse of Fintech report.
Alaris, a Kodak Alaris business, has announced that it has played a role in Gulf Bank’s digital transformation journey.
Mastercard has collaborated with the national payment system of the Kingdom, mada, on the rollout of Apple Pay in the country.
UAE mobile phone owners can now enjoy complete protection for their devices with a new mobile insurance plan from Liv., the lifestyle digital bank by Emirates NBD.
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.
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 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.
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.
Sohar International has recently integrated biometric authentication technology into its mobile banking services.
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.
Labiba for Artificial Intelligence announces formation of Labiba W.L.L and its venture acceleration partnership with Bahrain Fintech Bay.
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.
Samsung has announced its partnership with Ajman Bank to make Samsung Pay available to its customers in the UAE.
Saudi-based bank Alawwal has partnered with leading global tech firm Reaktor to train its entire workforce on the basics of artificial intelligence (AI).