Emirates NBD has become the first to successfully go-live at scale with ‘Cheque Chain’, integrating blockchain technology to reduce cheque fraud.
Education, Government
Preparing young Emiratis in AI is vital for UAE’s future, says minister
Omar Sultan Al Olama, UAE’s Minister of State for Artificial Intelligence, member of the Board of Trustees of Dubai Future Foundation and deputy managing Director, has revealed a new initiative that aims to equip the next generation of Emiratis with leadership skills.0 3481
GCC consumers eye switch to “digital only” banks: report
Nearly two-thirds of GCC banking customers would be prepared to move to a digital only bank, according to latest findings from EY.
Shariah-compliant investment note for cybersecurity firms launches in UAE
Abu Dhabi Islamic Bank (ADIB) has recently announced a 100 percent capital-protected, Sharia’a-compliant equities basket note which captures the growth potential of companies operating in the cybersecurity sector.
Oman moves one step closer to a cashless society
Oman is expanding its initiatives focused on financial technologies with the upcoming launch of the Sultanate’s first comprehensive e-payment platform.
Dubai users can now easily split bills via social media
Liv., the lifestyle digital bank by Emirates NBD, has announced two new features within its mobile app, allowing customers to instantly split bills with friends and family, and tag their expenses according to personalised categories.
Believe in technology: OMA Emirates’ Sangal
Niranj Sangal, group CEO, OMA Emirates, discusses e-commerce trends and reveals plans for the year. The regional e-commerce landscape has …
Qatar mulls implementation of virtual currencies: central bank chief
Qatar’s central bank will consider the topic of virtual currencies and there may be an opportunity in the future to introduce them in Qatar, Reuters reported.
UAE, Saudi Arabia plan to launch joint digital currency
The UAE is working with Saudi Arabia’s central bank to develop a joint digital currency to be used for cross-border transactions between the two nations.
Voice phishing incidents emerge in the UAE
Bankers are cautioning their customers against a new wave of voice phishing, also termed as, ‘vishing’, through which confidential data is obtained from customers fraudulently to deceive them.
On the safe side: Simple steps to online safety
Protecting yourself online may seem impossible, but following simple guidelines like enabling stronger and using strong passwords are key to online safety.