Commercial Bank of Dubai, (CBD) and PwC Middle East have signed an agreement to foster innovation in the country.
Abu Dhabi Global Market’s head of Financial Services Regulatory Authority called for stricter international regulations for cryptocurrency trading.
Abu Dhabi Global Market, ADGM, has announced an initiative to launch a FinTech digital sandbox.
The Saudi British Bank (SABB) has joined enterprise software firm R3’s global blockchain ecosystem.
The Dubai Financial Services Authority (DFSA) and the Monetary Authority of Singapore (MAS) have recently entered into an agreement that provides a framework for cooperation and referrals between the innovation teams of each authority.
A delegation from the UAE will participate in the upcoming Locus Chain World Summit in Singapore, which aims to explore the scope of expanding ‘Locus Chain’ blockchain technology across all industries.
In the second quarter of 2018, Kaspersky Lab’s anti-phishing technologies prevented over 107 million attempts to visit phishing pages, of which 35.7 percent were related to financial services and targeting customers through fake banking or payment pages.
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.
Network International has partnered with Alipay to provide seamless payment services to Chinese shoppers in the UAE.
Around AED 1 billion ($272.2 million) worth of wages was transferred through the UAE Wages Protection System (WPS) during the period from 2013 through 2017, according to the recent figures by the Central Bank.