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June 10, 2021

AUBH launches Alexa skills to connect with students through voice technology

Bahrain has been a regional pioneer in innovation by ranking first in MENA for ICT readiness by the UN - in addition to allowing data stored in Bahrain for home country’s legal jurisdiction. The Kingdom is also home to an advanced digital infrastructure and is one of the first in the region to roll out 5G & enabling new technologies .
by | 2 min read
June 10, 2021

Middle East and Pakistan based logistics platform Trukkin raises $7 Million

Ghassan Aloshban, GP at Emkan Capital, said: “Trukkin has exhibited incredibly efficient use of capital and we’re very impressed with what they’ve been able to achieve in such a short time frame. It’s core team with over 200+ years of combined industry experience have showcased their expertise in not only navigating but driving growth during the pandemic. We look forward to supporting Trukkin, in serving hundreds of corporate clients."
by | 2 min read
June 8, 2021

Alibaba cloud invests USD1 billion to support new talents in Asia-Pacific

Alibaba Cloud’s talent development ambitions are embedded in Project AsiaForward’s three core programs - DigiTalents Forward, focused on digital upskilling, AI Forward, targeting developers and DigiEntrepreneurs Forward.
by | 3 min read
June 7, 2021

NEC Payments finds a new path to payment security with Netcetera

3DS 2.2, supported by Netcetera’s Access Control Server (ACS), several factors (transaction limits, whitelisting) are used to bypass unnecessary steps and encourage simplified online purchases.
by | 2 min read
June 6, 2021

Offering consumers a more sustainable card journey is our responsibility

Financial Institutions (FIs) are already strong supporters of environmental protection. I am sure they can play an even bigger role in mitigating the problem of single-use plastics. Over six billion payment cards are produced globally every year. The simple act of switching to ‘green’ payment cards offers FIs the opportunity to do even more for the environment.
by | 2 min read
May 31, 2021

PayBy now available at 49 Al Maya Supermarkets across the UAE

Al Maya Group Director, Kamal Vachani, said: “As one of the UAE’s largest supermarket chains, Al Maya’s Supermarkets reputation is built on the trust of our loyal customers. Since the pandemic began, we have consciously pivoted to serve customers in a safe and secure manner, whether in store or through home deliveries.
by | 2 min read
May 26, 2021

SCA and MoE to reimagine future of financial services industry in UAE

The Fintech Megathon 2021 is centered on finding innovative technical solutions to challenges facing the services sector under eight thematic areas, namely asset management/investment advisory, digital assets/cryptocurrencies, crowdfunding, forex (trading of foreign currencies, e-KYC form, SME financing, financial inclusion, and suptech and regtech. the megathon encourages innovators, financial institutions, regulators, and other ecosystem partners across the UAE .
by | 3 min read
May 26, 2021

Zeta raises US $250M for its Omni Stack for banks

Zeta’s Omni Stack provides all functionality that banks need to launch new products relevant to consumers today .most tech vendors - still has functionality and archaic stacks that are older than internet.
by | 2 min read
May 11, 2021

Crescent Enterprises to double its investments in start-ups to AED 1 billion by 2022

Since its inception in 2017, CE-Ventures has already invested over AED 500 million (USD 136 million) in 32 start-ups and VC funds across the Middle East & North Africa (MENA), the US, India, and Southeast Asia.
by | 3 min read
April 29, 2021

PayBy partners with NT.Payments to further expand its footprint in UAE

PayBy users can now top up their wallets, allowing to use a series of financial services, including repaying the credit bills, purchasing goods and services. NT.Payments has 4,500+ kiosks installed at high footfall locations across the country. Users may find the location of the nearest payment kiosk on the NT.Payments official website.
by | 2 min read