“It’s not a question of ‘if’, but ‘when.’” Sridhar Iyer, Mashreq’s head of its pureplay digital bank, Neo, is no …
News, Software
UAE digital bank plans to expand in other regional markets
Liv., the lifestyle digital bank by Emirates NBD for millennials has completed its first successful year of operations.0 2480
HSBC UAE promises 80% digital interaction to customers
HSBC UAE has unveiled its latest innovation designed to deliver the best digital banking experience with a first-of-its-kind Customer Service Unit (CSU) in Mirdiff City Centre.
Dubai-based Finesse to drive digital banking with new partnership
Equifax Analytics and Finesse have signed a partnership agreement to drive digital transformation in financial institutions across the Middle East via its BureauOne platform.
Region’s first Shariah-compliant digital bank launches in Bahrain
The bank offers a 24/7/365 service model on its innovative mobile app and web banking portal allowing customers to open and manage their accounts, conducting everyday transactions through its online channel, supported by services such as video contact centre, e-mail, web chat and social media.
Dubai Holding to invest AED 1bn in launching UAE digital bank
Dubai Holding’s digital bank will aim to provide an on-demand, fully customisable and engaging experience to individuals and businesses alike.
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.
UAE takes pole position in MENA digital banking: report
The UAE is now leading the pack regionally with an impressive 16.4 % in digital penetration. Through substantial spending and attracting private investments, the UAE has been strategically positioned on the path to becoming one of the most digitally advanced countries in the world, claims the report.
Digital P2P remittances to soar past $300bn by 2021: report
A new study from Juniper Research has found that international digital P2P remittances conducted via mobile and online platforms will exceed $300 billion globally by 2021, up from an estimated $225 billion in 2018.
Exclusive: Competition lies in tech firms – not fintechs, says ENBD CDO
In an exclusive interview with Tahawul Tech, Evans Munyuki said that “tech-fins” – companies that are technology focused, but are now considering the potential of financial services, could offer serious competition to traditional non-digitised banking.
UAE Mashreq Bank deploys SelfServ 82 omnichannel ATM solution
The SelfServ 80 series delivers the omni-channel experience whilst ensuring reliable and secure access to cash for consumers.