UAE-based Shariah-compliant bank Noor Bank has highlighted how the latest technological innovations are impacting the banking and finance sectors.
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 3987
Abu Dhabi Global Market introduces new guidelines on digital assets
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has issued a set of guidelines for digital securities to support the development of digital assets under a comprehensive and progressive regulatory framework
Dubai’s fintech ecosystem poised to reshape the future of finance: report
Dubai has reportedly been recognised as the seventh FinTech location globally for economic potential, highlighting Dubai’s efforts to support and expedite sustainable economic growth.
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.
Apple Card is now available to a select few: all you need to know
Apple started rolling out the new Apple Card to a few of its customers yesterday ahead of its launch at …
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 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’).
Bitcoin jumps above $11,000 mark following Facebook’s crypto announcement
Bitcoin has jumped to a near 15-month high above $11,000, after jumping more than 10 percent over the weekend, Reuters reported.
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.
Saudi Arabia banking sector continues to grow as digitisation increase: report
Saudi Arabia’s banking sector saw positive results in KPMG’s latest “Embracing digital report,” the audit tax and advisory services firm revealed.