Blockchain technology brings huge potential for banking behemoths to reduce costs while ensuring that their customers benefit from quicker and cheaper services.
The annual cost of damages caused by cybercrimes is expected to reach $6 trillion by 2021, according to a recent industry report.
Emirates NBD has announced the launch of its own private cloud platform. The move is part of the bank’s ongoing AED 1 billion IT transformation.
Emirates NBD has become the first to successfully go-live at scale with ‘Cheque Chain’, integrating blockchain technology to reduce cheque fraud.
Nearly two-thirds of GCC banking customers would be prepared to move to a digital only bank, according to latest findings from EY.
Abu Dhabi Islamic Bank (ADIB) has recently announced a 100 percent capital-protected, Sharia’a-compliant equities basket note which captures the growth potential of companies operating in the cybersecurity sector.
Oman is expanding its initiatives focused on financial technologies with the upcoming launch of the Sultanate’s first comprehensive e-payment platform.
Liv., the lifestyle digital bank by Emirates NBD, has announced two new features within its mobile app, allowing customers to instantly split bills with friends and family, and tag their expenses according to personalised categories.
Niranj Sangal, group CEO, OMA Emirates, discusses e-commerce trends and reveals plans for the year. The regional e-commerce landscape has …
Qatar’s central bank will consider the topic of virtual currencies and there may be an opportunity in the future to introduce them in Qatar, Reuters reported.