The GCC is set for a surge in the use of FinTech apps during the COVID-19 global health crisis as contactless payments in the MEA region increase by 70 percent, according to the latest figures by Mastercard.
Mastercard, Hub71 team up to accelerate fintech startups in the UAE
Mastercard has signed a Memorandum of Understanding (MoU) with Hub71 – a tech ecosystem based in Abu Dhabi Global Market Square that incubates global fintech startups and technology companies.
Fintech SURGE.virtual: webinar series to explore the future of Fintech amid market shifts
Fintech Surge, Dubai World Trade Centre’s new exhibition, conference and meeting point for the Fintech community is providing an all-new online platform to keep the Fintech community connected and engaged.
FAB, Etisalat Digital support SMEs with fully contactless digital invoicing solution
First Abu Dhabi Bank (FAB) has partnered with Etisalat Digital to launch a digital invoicing solution that caters to the SME merchant base in a fully contactless manner.
#TogetherAgainstFraud: UAE launches fraud awareness campaign amid COVID-19 pandemic
UAE Banks Federation (UBF), the Central Bank of the UAE (CBUAE), Abu Dhabi Police, and Dubai Police have announced the launch of the UAE’s first national fraud awareness campaign.
FAB facilitates first Virtual General Assembly Meetings in UAE
First Abu Dhabi Bank (FAB) has launched a new service for managing Virtual General Assembly Meetings (GAM) and has conducted the UAE’s first fully virtual GAM.
PayBy launches mobile payment services in the UAE
As the world is battling the COVID-19 pandemic, consumers and businesses are increasingly looking for payment solutions that are convenient, …
First Abu Dhabi Bank backs distance learning in UAE
First Abu Dhabi Bank (FAB) has partnered with the Ministry of Education to support its distance learning platform.
CORONAVIRUS
Ginp banking malware takes advantage of coronavirus crisis: Kaspersky
Kaspersky researchers revealed that the infamous Ginp banking Trojan has acquired a new functionality – that takes advantage of the coronavirus outbreak.
Dubai warns against heightened risks of cyber-attacks
The Dubai Financial Services Authority (DFSA) has called on financial institutions to stay vigilant as cyber-attacks, phishing attempts and fraud increase amid the coronavirus pandemic.
CORONAVIRUS
Coronavirus in UAE: Central Bank urges people to utilise online platforms
The Central Bank of the UAE has called on bank customers to take advantage of digital and online banking services to as a measure to ensure the health and safety of residents amid the coronavirus pandemic.
CORONAVIRUS
Sharjah’s Saeed to offer services via mobile phones
The Sharjah Investors Services Centre (Saeed) has announced that it will be supporting all its customers through its mobile service.
Raqmiyat on providing best-in-class solutions for banking and financial sector
CNME secured an exclusive interview with Melvin D’Souza, Vice President – BFS Business Unit Head, at Raqmiyat to discuss how …
Why Visa is investing in Fintech
As Visa acquires Fintech company Plaid for $5.3B, Deputy Editor Giorgia Guantario takes a look at the state of Fintech …