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ADIB relieves pressure on customers by extending payment holidays on finance programs

Abu Dhabi Islamic Bank (ADIB) is introducing an extension of its relief measures to help customers deal with the unprecedented challenges brought by the...

Continental shift – Cloud banking fast becoming a reality as digital drives Africa’s financial inclusion

The continent of Africa is undergoing a dramatic shift as the banking and ICT sectors converge to drive financial inclusion through the adoption of...

Ministry of Finance announces successful implementation of Procure-to-Pay

The Ministry of Finance (MoF) announced the successful implementation of Procure-to-Pay (P2P), which facilitates the procurement process and e-approval of purchase orders and requests...

OpenWay’s digital tipping solution helps acquirers target the service sector

According to recent statistics by Visa, 80% of payments in restaurants are made with a card. Most of the time guests do not have...

VISA has launched its regional “Where You Shop Matters’ initiative to support small businesses in the UAE

Visa has launched its regional “Where You Shop Matters’ initiative that aims to champion and enable entrepreneurs while encouraging consumers to support small businesses...

Abu Dhabi Investment Office (ADIO) has invested in the Bedaya Fund to increase access to capital for promising startups in Abu Dhabi

The Abu Dhabi Investment Office (ADIO) has invested in the Bedaya Fund to increase access to capital for promising startups in Abu Dhabi. The...

Mashreq customers are now being served by the region’s first digital engagement banking bot provided by Avaya

Customers of Mashreq are now being served by the region’s first digital engagement banking bot, giving them access to powerful self-service capabilities that result...

Investcorp portfolio company Calligo acquires Itomic Voice & Data Ltd.

Investcorp today announced that its portfolio company Calligo Limited (“Calligo”), the world’s first end-to-end managed data services provider, has acquired Itomic Voice & Data...

First Abu Dhabi Bank issues largest Chinese Yuan dual listed Formosa bonds from MENA region

First Abu Dhabi Bank (FAB) issued the largest Chinese Yuan (CNH) dual listed Formosa bonds from the MENA region, with a CNH 1.4 billion...

Cloud-based Core Banking – A need in the times of unprecedented crisis

Banking has been one of the industries extremely cautious in adopting cloud native technologies. Highly regulated norms, practices and data privacy laws have precluded...

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