Emirates NBD has signed a new strategic partnership with Hortonworks, the industry leader in connected data platforms.
RAKBANK to tie-up with three new fintech firms
UAE based RAKBANK says it is in the process of tying up with three new fintech firms, in an attempt …
Dubai residents can soon pay school fees, bills via blockchain payment platform
Dubai citizens and residents will soon be able to make digital payments for school fees, bills and retail purchases with a stable, digital currency after a partnership between blockchain payment providers and emcredit – Dubai’s Credit Bureau.
Abu Dhabi accelerates services with new digital payment platform
The Abu Dhabi Smart Solutions and Services Authority (ADSSSA) formally launched its ‘Abu Dhabi Government Digital Payment platform’ (ADPay).
Cryptocurrency threats climb in the first nine months of the year: report
Theft of cryptocurrencies through hacking of exchanges and trading platforms soared to $927 million in the first nine months of the year, Reuters reported.
Why Kuwait’s Central Bank will spend big on tech
Tariq Al Usaimi, the newly appointed head of digital strategy for the Central Bank of Kuwait, has said that the …
UAE bank first globally to offer contactless, QR payments
Mashreq Bank and Mastercard has partnered to launch Masterpass QR, a safe and secure Quick Response (QR) mobile payments solution, accessible via the bank’s mobile application, Snapp.
UAE bank unveils region’s first sound-based payment tech
First Abu Dhabi Bank (FAB has launched a new sound-based payment system through its digital wallet payit.
UAE’s Emirates NBD set to launch services via chat app
Emirates NBD has announced that it will soon launch customised banking services via WhatsApp in the UAE.
Middle East arm of Locus Chain Foundation creates token wallet
The MENA headquarters of Singapore-based next generation blockchain platform, Locus Chain Foundation (LCF), in Dubai has announced that it will create a token wallet on Bibox.
RAKBANK enables seamless cash remittance via blockchain network
RANKBANK has signed an agreement with Sri Lanka’s Cargills Bank to leverage Ripple to enhance its financial services.
Middle East finance firms plan more fintech tie-ups in coming years: study
FinTech is increasingly impacting the financial services sector with 82 percent of financial services companies plan to increase fintech partnerships in the coming three to five years.
Dubai Expo 2020 to use biometrics, VR tech for cashless payments
Mastercard has been named as the official payments technology partner of Expo 2020 Dubai with the aim of creating personalised, seamless and cashless experience for millions of visitors from around the world.
Abu Dhabi authorities to develop smart solutions for fintech sector
Abu Dhabi Global Market (ADGM) has announced the signing of a strategic new Memorandum of Understanding (MoU) with Abu Dhabi Smart Solutions and Services Authority (ADSSSA).