A majority of UAE residents are willing to get banking services from an established technology company, according to a recent study.
The Islamic Corporation for the Development of the Private Sector (ICD) plans to introduce a blockchain-based product to help Islamic banks manage their liquidity needs.
Finablr, a global platform for Payments and Foreign Exchange solutions, has announced the acquisition of TimesofMoney, a digital payments solutions provider, from Network International.
Over 250 developers and tech enthusiasts from the Google Developers Group (GDG) and coding communities in the UAE and MENA region took part in an exciting 18-hour Codeathon, organised by Emirates NBD.
The Emirates Institute for Banking and Financial Studies (EIBFS) has launched a new online research portal that will enable access to the latest industry and economic reports and whitepapers, scholarly articles and surveys.
Kuwait’s central bank has issued regulatory guidelines for companies wishing to experiment with new financial technology products and services.
Al Hilal Bank is the first Islamic bank in the world to leverage Blockchain technology for the resale and settlement of an Islamic Sukuk.
The Department of Economic Development (DED) in Dubai and Visa have signed a Memorandum of Understanding (MoU) to help grow the UAE’s consumer eCommerce sector by encouraging more merchants to take their businesses online, and educating consumers on the benefits of digital payments and shopping and paying online.
Emirates NBD has announced that its debit and credit card customers can now pay via Google Pay.
A digital currencies wallet and trading platform which offers an additional cash deposit service has recently launched in the UAE.
Investments in Gulf-based fintech startups are expected to reach $ 2 billion in the next decade, compared to a mere $ 150 million invested in the last 10 years, according to a new study by MENA Research Partners (MRP), a leading research company in the region.
Android phone users in the UAE can now make “secure and contactless” payments with Google Pay.
Abu Dhabi Securities Exchange (ADX) has released a thought paper on infrastructure for crypto and distributed ledger environment, and financial market infrastructures (FMIs).
Abu Dhabi Global Market (ADGM) and Central Bank of Bahrain (CBB) have partnered to promote and facilitate innovation in financial services.