June 8, 2022
Telephony Communications Technologies launches its metaverse arm TCTx
As per the company, TCTx will give customers access to a wide range of digital, blockchain, fintech, xaas, ICT, mobility, telco, and managed services solutions to help them increase productivity, transform their businesses, and grow.
June 2, 2022
Tech making financial services more accessible for people with disabilities
The study, Bridging the Disability Gap: An Opportunity to Make a Positive Impact, reveals that for people with disabilities, digital inclusion is the path to financial inclusion. Governments' adoption and prioritization of policies to improve service accessibility paves the way for public and private sector financial institutions, mobile network operators (MNO), fintech providers, and other organizations to develop and implement solutions.
May 27, 2022
How UAE banks can remain competitive: Xebia
Various opportunities, problems, and issues related to banking trends have been observed by the organisation. A transition to digital and quick payments is one of them. The Middle East digital payments market is expected to develop at a CAGR of 6.5 percent from 2020 to 2025, owing to a sharp increase in e-commerce sales, widespread internet access, and high smartphone adoption.
May 20, 2022
Mastercard, OPay partnership to boost cashless ecosystem
Since its inception in 2018, OPay's active users have risen to 15 million across the dozens of markets in which it operates. On average, the company processes millions of transactions per day. Users in Nigeria, where OPay has a significant market share, have saved billions of dollars in the last four years through credit-linked savings accounts from their mobile wallets.
April 28, 2022
Riyad Bank implements hybrid cloud strategy with Red Hat’s support
Red Hat, Inc., an open source solutions provider, announced that Riyad Bank, a financial institution in the Kingdom of Saudi Arabia (KSA), has implemented a hybrid cloud strategy based on Red Hat's portfolio of open hybrid cloud technologies, including Red Hat OpenShift. Red Hat's open innovation is a cornerstone of the bank's efforts to accelerate digital service and product innovation and time-to-market.
March 23, 2022
MBZUAI celebrates first cohort of Exec Program
The Executive Program was launched in September 2021 to support UAE government and business sectors—unlocking the potential of AI through practical applications to national challenges.