Editors pick

Dubai Islamic Bank unveils ‘DIB XTRA’, an exclusive salary transfer campaign

Dubai Islamic Bank has launched ‘DIB XTRA’, an offering that will reward customers who open a salary transfer account with the bank. DIB XTRA...

Paymob secures Central Bank of Oman’s Payment Service Provider license

Paymob announces that it has received the Central Bank of Oman’s (CBO) Payment Service Provider (PSP) license, making it the first international fintech company...

stc pay strengthens its digital payment offerings through a strategic part-nership with Mastercard

Bahrain’s most innovative and accessible mobile wallet for digital financial transactions, stc pay, has announced a strategic partnership with Mastercard. The collaboration is set...

Libyan Islamic Bank partners with Backbase to enhance Digital Customer Experience

In an effort to streamline its customer service operations and enhance its customers’ digital banking experience, Libyan Islamic Bank (LIB) has partnered with Backbase,...

The DFSA and the HKMA join efforts to accelerate sustainable finance across the Middle East and Asia

Building on the long-standing relationship between the Dubai International Financial Centre (DIFC) and the HKMA, this new partnership aims to bolster cross-border collaboration to...

Wio Bank partners with Fuze to enable virtual asset trading

Wio have partnered with Fuze, MENA’s pioneering digital assets infrastructure provider, to empower its customers with cutting edge virtual assets trading services. Customers will...

Virtuzone pioneers the world’s first business setup AI chatbot: ChatVZ

Building on the successful launch of its suite of AI-powered tools, Virtuzone further cements its position as a leading innovator in the company formation...

48% of people in UAE are likely to send more cross-border payments in the next year

Mastercard’s Borderless Payments Report 2023 reveals that 48% of people in the UAE expect to send cross-border payments more frequently in the next 12...

Dubai Financial Market and Shanghai Stock Exchange sign MoU to advance cross-border collaboration

The Dubai Financial Market (DFM), Nasdaq Dubai, and Shanghai Stock Exchange (SSE) announced the signing of a Memorandum of Understanding (MoU) to further strengthen...

Assured Inevitability

Leaving aside the Covid-19 pandemic, what have been the other main drivers of the digital banking revolution in the region? In the dynamic landscape...

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