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.
How will the growth in the number of finance focused startups in the region cement the Middle East’s position as a fintech hub in years to come?
Al Hail ORIX Finance has formed a strategic partnership with UAE-based fintech payments company Monami Tech to deploy Monami Tech’s technology for SAMA’s business and consumer lending project.
Saudi Arabia is reportedly in talks with UAE and Bahrain to establish a coordinated approach to the regulation and nurturing of fintech startups in the region.
Saudi Arabia’s securities regulator has approved its first two financial technology licenses on Tuesday, according to Retuers. The movSaudi Arabia …
The move, according to the report, is part of a drive to develop a fintech sector in the Arab world’s biggest economy under reforms designed to reduce reliance on oil.
FinTech Hive has received an overwhelming response of over 300 applications that were created from all around the world – triple the number of applications received in 2017.
The forum will also examine why sustainable finance is the future, and shed light on the region’s strong affinity towards sustainable banking.
The report, titled “The Case for an Innovation Hub to Facilitate MEASA Financial Inclusion”, reveals how Dubai is strategically positioned to facilitate development of digitally enabled financial solutions for the region.
DIFC has signed a Memorandum of Understanding (MoU) with Finance Innovation, France’s official innovation cluster for the financial industry.