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.
Deloitte, ServiceNow team up to accelerate enterprise digital transformation
Deloitte and ServiceNow has signed a new strategic agreement to accelerate organisations’ enterprise digital transformation.
Global fintech investments reach $112 billion
Global financial technology (Fintech) funding rose to $111.8 billion in 2018, up 120 percent from $50.8 billion in 2017, according to the KPMG Pulse of Fintech report.
Apple co-founder to discuss FinTech revolution in Bahrain
Global tech innovator and Apple Computers co-founder Steve Wozniak will share his thoughts and predictions on the current and future state of the global financial technology industry at the upcoming Fintastic Bahrain Week.
Bahrain Fintech Bay announces new JV to boost AI adoption
Labiba for Artificial Intelligence announces formation of Labiba W.L.L and its venture acceleration partnership with Bahrain Fintech Bay.
Dubai’s flagship airline to test new flight ticket payment system
The International Air Transport Association (IATA) has announced the successful completion of the first “IATA Pay” ticket purchase transaction in a live test environment.