Tag: Fintech
Discover the future of banking & fintech in New Age Banking Summit Oman 2020
With the wave of fintech solutions challenging the legacy systems all over, the need to incorporate technology as an enabler to help enhance the...
Sink or swim? Digital transformation through collaboration has never been more vital
Change is the only constant in life. Never has this been more apparent than during the Covid-19 outbreak. In the financial services space, change...
Dubai Future Foundation : Financial Technologies record a rapid growth in the region
DUBAI, 17th May, 2020 (WAM) -- The financial technology, FinTech, industry is widely expected to emerge stronger from the challenging risks of the COVID-19...
UK-based TransferWise Begins Operations In UAE
UK-based TransferWise has launched its low-cost, fast money transfer service in the UAE.
Regulated under Abu Dhabi Global Market (AGDM) Financial Services Regulatory Authority, TransferWise...
Region’s First Ever KYC Blockchain Data-Sharing Platform Is Now Live
Mashreq Bank and Dubai International Financial Centre (DIFC) have come together to launch the region’s first Know-Your-Customer (KYC) blockchain data-sharing platform.
The platform, which is...
Fintech 2020: Big Tech Is Coming for Banking
(Bloomberg) --Financial technology startups will enter the next decade with a little more street cred than the last time around.
Nearly 60 upstarts focusing on...
Bank Muscat announces new $100 million Fintech investment programme
Bank Muscat announced that the Central Bank of Oman has approved the bank’s request to launch a US $100 million (RO 38.5 million) strategic...
Digital financial services to generate $38 bn in Southeast Asia: Study
(Bloomberg) --Digital financial services from lending to asset management are expected to generate at least $38 billion of annual revenue across Southeast Asia by...
Mobile Phones Are Replacing Bank Accounts in Africa
(Bloomberg) -- It doesn’t look like the hub of an online bank. But that’s what the yellow and blue metal kiosk becomes when Albert Agane...
Oman Arab Bank, Innovation Development Oman Sign Fintech Innovation MoU
Oman Arab Bank (OAB) and Innovation Development Oman (IDO Investments), have signed a Memorandum of Understanding (MoU) in order to identify and explore potential...