Emirates NBD has partnered with enterprise software firm SAP to become the first bank globally to implement SAP Financial Services Data Platform.
China’s iPayLinks to expand Middle East fintech market
China-based cross-border payment services provider, iPayLinks, has announced its entry into the Middle East fintech space.
Mubadala invests in cryptocurrency company
Abu-Dhabi based Mubadala Investment Capital has announced that it is investing in a cryptocurrency company called MidChains. Mubadala has forged …
Mastercard, BENEFIT announce Bahrain’s first-ever blockchain payment programme
Bahrain’s Electronic Network for Financial Transactions and Mastercard have partnered to launch a pilot blockchain programme that will enable banks to deliver fast, secure and private cross-border commercial payments.
Abu Dhabi Global Market inks new deal to promote fintech innovations
Abu Dhabi Global Market (ADGM) and OneConnect Financial Technology (OneConnect) have signed a Memorandum of Understanding (MOU) to promote and develop FinTech innovation, ecosystems, and market opportunities.
Abu Dhabi Global Market introduces regulations for “robo-advisors”
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has recently issued its regulatory framework for Digital Investment Managers (also known as ‘robo-advisors’).
Etisalat Digital teams up with UAE banks to develop a new digital platform
Etisalat Digital has partnered with First Abu Dhabi Bank (FAB) and Avanza Innovations to develop a new platform that optimises the latest technologies to digitize trade in the UAE.
UBF introduces online initiative to empower court banking experts
The UAE Banks Federation (UBF) has announced that the successful implementation of an advanced online exam, launched last year, has raised the bar for Court Banking Experts.
Bahrain Bourse turns to AWS cloud to enhance performance
Bahrain Bourse has announced that it has started migrating to Amazon Web Services (AWS) due to the increased availability and security it will get and to increase its application speed and performance, while reducing operational costs.
Ajman Bank enhances customer experience with digitised services
Ajman Bank has announced the launch of its latest branch in Dalma Mall, which features digital banking and payment solutions.
Emirates NBD accelerates Dubai Department of Finance’s digitisation strategy
UAE-based Emirates NBD has announced the successful implementation of a digitised payment solution for Dubai Department of Finance (DoF).
UAE retailers see increased foot traffic since accepting digital payments
UAE retailers have experienced an in increase in traffic in their store since they started accepting digital payments, according a recent study by Visa.
Emirates NBD teams up with Dubai Police to raise cybersecurity awareness
Emirates NBD has announced a joint initiative with Dubai Police – the launch of a UAE-wide #secureyouraccount campaign, aimed at raising public awareness and education on cybersecurity.
Visa’s AI-powered platform prevents $25 billion in annual fraud
Visa has announced that its AI-based Visa Advanced Authorisation (VAA) has helped financial institutions prevent an estimated $25 billion in annual fraud.