Commercial Bank of Dubai, (CBD) and PwC Middle East have signed an agreement to foster innovation in the country.
Education, Government
Preparing young Emiratis in AI is vital for UAE’s future, says minister
Omar Sultan Al Olama, UAE’s Minister of State for Artificial Intelligence, member of the Board of Trustees of Dubai Future Foundation and deputy managing Director, has revealed a new initiative that aims to equip the next generation of Emiratis with leadership skills.0 4220
Ripple effect: Saudi bank joins blockchain-powered payment network
Blockchain-powered global payment network Ripple has announced their partnership with Saudi Arabia’s National Commercial Bank (NCB), a banking firm worth $120 billion.
Saudi Arabia’s SABB joins global blockchain consortium
The Saudi British Bank (SABB) has joined enterprise software firm R3’s global blockchain ecosystem.
AI to detect mobile banking fraud in seconds
Microsoft has developed a solution using artificial intelligence (AI) that can identify fraudulent mobile banking transactions in less than two seconds.
HSBC UAE promises 80% digital interaction to customers
HSBC UAE has unveiled its latest innovation designed to deliver the best digital banking experience with a first-of-its-kind Customer Service Unit (CSU) in Mirdiff City Centre.
Standard Chartered pilots world’s first blockchain-based trade finance guarantees
Standard Chartered to introduce industry-first end-to-end blockchain-based smart guarantees proposition in trade finance.
Saudi Arabia bets big on tech, prepares for life after oil
Saudi Arabia, the world’s biggest crude exporter is future-proofing itself against oil’s decline by investing the increasingly booming technology industry.
World Bank seeks to deliver world’s first blockchain-based bonds
The World Bank has announced that it is taking a step to get into digital finance to sell the first-ever bond to be issued entirely using blockchain technology.
Dubai’s first-ever digital-only bank introduces new service
Liv., the lifestyle digital bank by Emirates NBD aimed at millennials has announced that they are working with Al Etihad Credit Bureau (AECB) to provide customers easy and instant access to their AECB Credit Score.
Abu Dhabi Islamic Bank accelerates digital drive with new appointment
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has appointed Serhat Yildirim as its new Chief Digital Officer.