December 15, 2021
Commercial Bank of Dubai announces the opening of Digital Lab at DIFC Innovation Hub
Arif Amiri, said: "DIFC continues to advance its position as the region's leading global financial center, business and innovation hub, driving not only the future of finance but increasingly the future economy. By supporting partners such as CBD to introduce creative initiatives similar to their Digital Lab, we are also helping Dubai become a global hub for innovation and technology."
December 15, 2021
Omanee Corporation to host Identity Blockchain Conference in Dubai
A one-day conference featuring innovative blockchain concepts and technologies, business leaders, practitioners, and startups will bring together local and international enterprises from around the world for one-day exchanges, learning, and interaction.
December 12, 2021
Arab Financial Services to increase US$98 million to support growth strategy
AFS started with offering travellers' cheques followed by cards processing and evolved dynamically as a core payment processing, fintech, and merchant acquiring business. AFS has successfully laid the groundwork to drive its next chapter of growth with cutting-edge digital payment technologies. The shareholders are strongly committed to supporting this vision and are confident of the leadership's capabilities to achieve it.
December 8, 2021
Tutuka and Paymentology to form a new payments and card processing powerhouse
Rowan Brewer, CEO at Paymentology, said: "Banks and fintechs are racing to provide customers with digital and data-driven features. They are highly receptive to working with a single issuer-processor that can provide that, across the globe. People want to be able to pay with a virtual card – sometimes online, sometimes tapping their phone –but everything, digitally. "
December 6, 2021
Tarabut Gateway & Zain Bahrain announce region’s first Open Banking payments
Zain Bahrain, a MENA telecoms sector innovation, has become the first telecommunications operator to accept Open Banking payments, cementing its status as one of the region's leading telecom providers. The ability to accept bank-to-bank payments, in which funds are credited in real-time, avoiding long settlement periods; robust security through strong customer authentication processes; and reduced transactional fees are the advantages.
December 5, 2021
8 great IT programs to gear up for the future digital economy
Over the last decade, universities in Dubai International Academic City have seen a steady increase in the number of students enrolling in expert-led IT programs. There is a compelling argument for everybody interested in learning about – and helping to influence – the systems that support the society we live in, whether it's management information systems, IT, or cybersecurity.
November 28, 2021
Cashew Payments launches QR codes for retailers across the region
Through a three-step sign up at the point of sale, the fintech startup has introduced a QR-code based experience that allows users to acquire credit approval instantly. They see codes as beneficial to both businesses and consumers; instant and contactless customer touchpoints will allow all customers to scan the code, register, and choose to split their payments on the spot.