Major factor contributing to the sector’s stability is the government’s commitment to regulatory reform Press Release Dubai, UAE: The UAE banking sector has enjoyed a promising year and is expected to maintain a stable outlook...
Banking
Press Release Dubai, United Arab Emirates: PayBy, a leading fintech innovator recently acquired by Astra Tech in August 2022, has been licensed by the Central Bank of the UAE to conduct Stored Value Facility (SVF)...
Abu Dhabi, UAE: Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, today announced the launch of one of the region’s first digital command centres, which allows the bank to utilise the power of...
The banking system is one of the most vital elements of our economy, but it’s also one of the most complex. There are so many moving parts, from interest rates to international trade, that it...
In the past few years, we have seen a surge in the use of artificial intelligence (AI) in banking and finance. From chatbots to predictive analytics, AI is quickly becoming a mainstay in the industry....
Muscat – Oman’s central bank is working to develop its own digital currency and open banking services, the executive president of the Central Bank of Oman (CBO) said on Tuesday. Speaking at the inauguration of...
Mashreq Bank, one of the leading financial institutions in the Middle East, has committed up to $10 million in Cashew, the innovative fintech leader providing buy now pay later (BNPL) services to consumers in the...
The year 2020 presented unforeseen circumstances that shook the resilience of both well established and new-age players. The ultimate black swan – COVID-19 – forced all players to be more virtual, experiential, and collaborative. The...