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.
Abu Dhabi Global Market to hit the road to find new global fintech talents
Abu Dhabi Global Market (ADGM) has announced that FinTech Abu Dhabi’s global tour will be reaching even more cities ahead of the main event in Abu Dhabi in October 2019.
Five Dubai startups receive API sandbox certification from Emirates NBD
Emirates NBD and DIFC FinTech Hive have become the first to certify five FinTech startups under API Sandbox Program.
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.
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 inks new deal to promote fintech innovations
Abu Dhabi Global Market (ADGM) and OneConnect Financial Technology (OneConnect) have signed a Memorandum of Understanding (MOU) to promote and develop FinTech innovation, ecosystems, and market opportunities.
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’).
Bahrain, UK team up to pilot global AI guidelines
Bahrain has announced it will pilot new guidelines for the procurement of artificial intelligence (AI) in the public sector.
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.
Visa inks deal to boost Bahrain’s fintech ecosystem
Visa has partnered with Bahrain FinTech Bay to further support the development of the FinTech ecosystem in Bahrain.