Network International’s LSE float attracts £300m Mastercard investment
Partnership aims to penetrate MEA region.
UAE
Network International to float on London Stock Exchange
The IPO will make at least 25% of its issued share capital on the LSE.
ZagTrader and BeQuant show crypto FIX-ation
Duo will offer access to cryptocurrencies using the Financial Information Exchange (FIX) and APIs.
Emirates NDB turns to Intellect Design for transaction banking overhaul
Part of the bank’s $410m transformation project.
Emirates NDB updates to Calypso 15 for treasury ops
Aligned with its four-year transformation strategy.
No Xpence spared as Dubai neobank readies for business
“Gulf region’s first neobank designed by entrepreneurs for entrepreneurs.”
Abu Dhabi Commercial Bank makes a MoneyBuddy
The app is built on Strands’ technology.
Emirates NBD plays matchmaker for start-ups and investors
Private banking arm sees no harm in The LaunchPad.
Saudi Arabia and UAE unite for digital currency dream
Saudi Arabian Monetary Authority and UAE’s central bank unveil Aber project.
Emirates NBD upgrades payments system with TCS
TCS Bancs scores again.
Arrow Capital goes with Profile Software
It will use the Axia platform for wealth management.
FundedByMe gets the nod for UAE crowdfunding debut
Sweden-based platform granted approval for 2019 start.
Standard Chartered cutting jobs in UAE
Its digital activity comes at a heavy price.
First Abu Dhabi Bank goes live on Temenos T24 core system
The consolidation of FGB and NBAD systems is now complete.
Paytech Verrency brings life to mobile bank Liv
Multi-year agreement means Liv will use Verrency’s cloud-based payments.
Emirates NBD debuts API sandbox
Says it’s the first bank in the UAE to introduce such a platform.
Newcomer Anglo-Gulf Trade Bank to shake up trade finance market
“The world’s first digitally-enabled trade bank” will open for business in early 2019.
Emirates NBD to launch chat banking via WhatsApp
Bank says it is first in region to integrate its core systems with WhatsApp.
CBD keen to go digital, foster innovation and retain talent
Commercial Bank of Dubai (CBD) has recruited consultancy firm PwC to assist it with its digital transformation.
Abu Dhabi regulator tightens up funding rules
ADGM also teams with Beijing-based firm for Belt and Road initiative.
Wealthtech Sarwa raises $1.3m in funding
Automated and human investment advice catching on.
UAE’s Rakbank implements Kamakura’s cash management
The solutions cover balance sheet management and funds transfer pricing.
UAE digital payments start-up Foloosi fires up
New firm offers cashless transactions through a digital wallet.
Abu Dhabi regulator brings crypto under control
Follows the completion of a public consultation.
Finovate in 2018: a search for fintech’s frontier
Where is the future of fintech?
Emirates NBD unveils EasyHub digital kiosk
The Emirates NBD EasyHub capabilities go far beyond a typical ATM, Diebold Nixdorf says.
UAE and China to create new “Belt and Road” exchange
It will serve as a key international capital-raising platform for Chinese firms.
Plug and Play ADGM finds its way to Abu Dhabi
Middle East welcomes innovation platform.
Emirates NBD goes blockchain for its “Cheque Chain”
Integrates blockchain technology into bank-issued cheques.
First Abu Dhabi Bank deploys Fircosoft global sanctions screening tech
First Abu Dhabi Bank is “setting the standard for financial crime compliance in the Middle East”.
Mashreq Bank harnesses Blue Prism digital workforce
Blue Prism integrates AI and automates dozens of processes across various business functions.
SunTec inks two VAT tech deals with UAE banks
Finance House and Union National Bank sign up for flagship Xelerate platform.
Ripple fuels UAE Exchange’s cross-border payments
Via the deal, UAE Exchange joins RippleNet, its enterprise blockchain network.
ADGM heads e-KYC utility project in UAE
Abu Dhabi Global Market has started the development of an electronic know your customer utility.
Growth, wealth and modernisation drive fintech innovation in MENA region
An interesting place to be a bank or a fintech!
Sharjah Islamic Bank implements SunTec’s Xelerate for VAT
SunTec will facilitate in computing and invoicing of the new Value Added Tax (VAT) for SIB in the Gulf region.
Al Hilal Bank selects SunTec to sidestep VAT law splat
Will use Xelerate solution for the management of the newly introduced Value Added Tax (VAT) regime.
Emirates NBD appoints chief digital officer, seeks fintech partnerships
Emirates NBD’s new chief digital officer is on the lookout for partnerships with fintechs.
Abu Dhabi wants eyes open wide via digital currency guide
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has set out its approach to initial coin offerings (ICOs) and virtual currencies under the Financial Services and Markets Regulations (FSMR). It cites the usual stuff that distributed ledger technology (DLT) has “extraordinarily wide application to financial services and markets as a whole” […]
Mashreq launches Neo digital bank for millennials
Dubai-based Mashreq has confirmed its future as a branchless bank, with the launch of its digital entity Mashreq Neo. As reported in May, Mashreq was mulling the branchless route in a speech by CEO Abdul Aziz Al Ghurair at its 50th anniversary ceremony. At that time, Banking Technology expected this to be a digital bank […]
