Middle East - Page 3 of 14 - FinTech Futures

Middle East

RTGS Global kicks into gear to disrupt correspondent banking

RTGS has built its system on Microsoft Azure.

Saudi Stock Exchange launches new markets on Nasdaq technology

Tadawul debuts derivatives market and clearing house.

The great asset servicing cloud migration and its implications

Cloud migration requires a considerable initial spend and some are simply not yet ready to commit.

Why the world needs synchronised timing

The value of timing provides the opportunity to bolster the very fabric of our vital infrastructure.

Mastercard partners with AlRaedah Finance on Saudi SME payments

The “SME in a Box” will offer SMEs direct access to fast funds.

Islamic banks take the lead in adopting fintech solutions

No part of the world has really taken this matter to the next level quite like the Middle East.

Fintech funding rebounds in Q2 but deal numbers continue to fall

VC-backed fintech deals dived from 452 in Q1 to 397 in Q2.

After divorce comes engagement for banks

For a bank to engage with a customer, they need to go beyond the initial request.

Israeli auto-procurement fintech Approve.com lands $5m

Approve is a cloud-based software-as-a-service (SaaS) platform.

UK leads the way in Islamic fintech ahead of Malaysia and UAE

The UK is a notable eight ahead of second-place Malaysia.

National Bank of Bahrain signs Infosys Finacle for transaction banking

The new deal is part of the bank’s ongoing digital transformation.

How can fintech rise to the new D&I challenge?

If they don’t believe they are part of the problem, nothing will really change.

UAE’s Network International to buy Nairobi fintech DPO Group

DPO is the largest online commerce platform operating across Africa.

Report: The future of digital wealth management

A new FinTech Futures report examines the future of wealth management in a digital era.

Emirates NBD’s challenger Liv moves to ‘super app’ status

The challenger said it had acquired more than 300,000 users.

Report: A new decade of core banking transformation

A new FinTech Futures report examining the role of core banking in the industry today.

65% of banks say legacy systems holding back Swift gpi adoption

Volante, HSBC and Deutsche Bank, share their insights on a recent webinar regarding Swift gpi.

Report: Five success factors for an ideal ISO 20022 migration

ISO 20022 represents an opportunity for banks to reinvent the way they operate.

Newly licensed RevoluPAY taps global remittance market

The fintech landed its PSD2 licence in Spain at the end of May.

Commercial Bank of Dubai partners with Thunes for remittances

UAE-based bank enables transactions via its mobile app and online banking.

Pagaya raises $102m in Series D funding round

The US-Israeli wealthtech will use the investment to hire more top tier data scientists.

Transfergo raises $10m, expands into 11 new markets

Remittance firm claims uptake in growth during COVID-19 pandemic.

Muniy chooses HooYu for KYC and raises £200,000

The fintech says it will allow merchants to pay a lower transaction processing cost.

Halal fintech Wahed lands $25m from Saudi Aramco’s venture arm

The Islamic finance industry is set to grow to $3.8tn by 2022.

DIFC dips into $100m fund to invest in four start-ups

The Dubai-based innovation centre plans for Series A injections to come.

MoneyGram signs remittance partnership with Al Rajhi Bank

The remittance firm will support Al Rajhi in Saudi Arabia both digitally and in-branch.

MUFG Sign

MUFG triples investment in credit line fintech Fundbox

The fintech says its Series C has raised nearly $200 million.

Dubai fintech Jingle Pay to launch digital banking in UAE

The start-up brands itself as a ‘Super App Neo Bank’.

ATM

India among major markets to see increase in ATM usage over 2019

Research suggests ATMs are still popular tools for financial inclusion.

Al Alam enters liquidation following KPMG’s Wirecard audit

The firm is central to whistleblower claims that Wirecard fraudulently inflated sales & profits.

Dubai fintech Ziina lands $850,000 and launches P2P payment app

The start-up’s funding round was led by San Francisco-based Class 5 Global.

Digitalisation a must-have for lending in a post-COVID world

The coronavirus pandemic has affected and disrupted every aspect of financial services.

Global fintech sees worst Q1 since 2016 for VC-backed deals

The quarter saw just 404 deals and ended on $6.1 billion.

Fintech Dapi takes on MENA’s scattered open banking landscape

“The region is super scattered,” says co-founder, Mohammed Aziz, regarding open banking regulations.

Travelex owner Finablr reveals $1bn hidden debt

Finablr’s debt sits at $1.3 billion, compared to the $334 million it reported.

Path Solutions and Thomson Reuters extends GCC systems partnership

iMAL core banking and Onesource tax solutions to be offered in tandem.

HSBC freezes redundancy plans as COVID-19 hits $6bn overhaul

London-headquartered bank releases Q1 earnings with stark warning for Europe.

Deutsche Bank

Deutsche Bank signs 2028 contract extension for Avaloq tech

Swiss vendor will provide BPO services foe Deutsche until 2028.

Northern Trust hires Alison Pain as new EMEA CTO

Pain joins from Deutsche Bank and will lead Northern Trust’s EMEA tech ops.

Webinar: Swift gpi is a chance for payments modernisation

Opportunities beyond meeting the minimum exist for banks embracing gpi.

« Previous 1 2 3 4 5 … 14 Next »