Saudi-based bank Alawwal has partnered with leading global tech firm Reaktor to train its entire workforce on the basics of artificial intelligence (AI).
UAE bank rolls out cardless cash withdrawal feature
Emirates Islamic has introduced Cardless Cash Withdrawal – a unique feature available on the Bank’s Mobile Banking App.
Emirates NBD supports smart payments and active lifestyle with new service
As wearable payment solutions gain popularity in the UAE, Emirates NBD has announced its support of Fitbit Pay and Garmin Pay, making it the first bank in the Middle East to offer this service.
Abu Dhabi-based Islamic bank completes data warehouse project
Al Hilal Bank has announced the completion of its Data Transformation Programme, as part of the its strategy to enable digital evolution throughout its entire chain of operations.
Hidden devices used in series of cyber-robberies
Kaspersky Lab has released details of a cyber-robberies that targeted banks and other financial organisations in Eastern Europe in 2017 and 2018.
Digital currency to speed up UAE-Saudi Arabia cross-border transactions
The UAE and Saudi Arabia have started using fintech for cross-border settlements, including a digital currency which they jointly developed for that purpose.
Ras Al Khaimah introduces a new smart way to pay
The RAK Department of Finance have announced the launch of RAK SmartPay, an integrated e-payment system in the emirate.
UAE residents trust tech companies more than banks: study
A majority of UAE residents are willing to get banking services from an established technology company, according to a recent study.
Saudi Arabia’s ICD eyes blockchain tech for Islamic banks
The Islamic Corporation for the Development of the Private Sector (ICD) plans to introduce a blockchain-based product to help Islamic banks manage their liquidity needs.
Emirates NBD challenges UAE’s brightest young minds
Over 250 developers and tech enthusiasts from the Google Developers Group (GDG) and coding communities in the UAE and MENA region took part in an exciting 18-hour Codeathon, organised by Emirates NBD.