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#Technology in Finance

Accelerated digital investment gives Middle East banks a decisive advantage post-COVID

According to research recently conducted by Avaya, 50% of banking customers express a preference towards ‘digital only’ service channels such as online...

Liquefy gains in-principle approval for the first licensed tokenized Securities Private Financing Platform in UAE

Liquefy is proud to announce that it is the first company to be granted in-principle approval to operate a Private Financing Platform...

Building an intelligent data foundation for the financial industry

The biggest challenge the banking industry faces today is the growth of Internet finance, as intermediate traders and Internet financial services providers...

Some truths about digital transformation

It remains the case that most financial institutions in the MEA region are struggling with the notion of digital transformation (DX).  We...

STCPay selects Temenos Payments and Temenos Transact to power innovation in digital payments and grow its customer base

Temenos announced that Saudi Arabian digital wallet, STCPay, has selected cloud-native, cloud-agnostic Temenos Payments and Temenos Transact running on a private cloud...

SWIFT pilots new service for low value cross-border payments

SWIFT announces plans for a new service to help banks improve the experience for small and medium-sized enterprises (SMEs) and consumers who...

Huawei looking to expand engagements with leading financial organizations

Following its annual flagship event HUAWEI CONNECT 2020, Huawei and International Data Corporation (IDC) have released a new white paper titled “Banking...

Kyriba appoints new CFO and CMO

Kyriba today announced it has appointed Hamza Benamar as Chief Financial Officer (CFO) and Thomas Butta as Chief Marketing Officer (CMO). The...

Amana Bank inked software deal with Path Solutions

 Amana Bank, an Islamic bank in Somalia announced that it has selected iMAL, the AAOIFI-certified core banking platform from Path Solutions to replace its legacy...

Independent research firm names Infosys Finacle leader among Digital Banking Processing Platforms

 Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys , today announced that it has been positioned as a Leader in The Forrester...

Latest news

Emirates NBD launches a global first customizable Visa Flexi Credit Card

Emirates NBD announced the launch of the Visa Flexi Credit Card, enabling cardholders to customize their credit cards with benefits of their choice. As a...

United Arab Bank and Mastercard announce strategic partnership to accelerate payments innovation in the UAE

United Arab Bank (UAB) and global payment technology provider Mastercard have announced a milestone agreement which sees Mastercard become the preferred and exclusive partner...

First Abu Dhabi Bank (FAB) third quarter 2020 group net profit of AED 2.5 billion, up 4% quarter-on-quarter

First Abu Dhabi Bank (FAB) announced its financial results for the nine-month period ended 30 September 2020. Following a...

ADIB launches “ADIB Rise” to meet the needs of Emerging Affluent Customers

Abu Dhabi Islamic Bank (ADIB) announced the launch of “ADIB Rise”, a new banking proposition catering to the needs of emerging...

SWIFT gpi: driving a payments revolution, according to a new report

SWIFT has released a new report which sheds light on how SWIFT gpi has reshaped the cross-border payments’ landscape and the strong...
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