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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.
by News Desk | 2 min read
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.
by News Desk | 4 min read
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.
by News Desk | 3 min read
May 24, 2022

BSV Global Blockchain Convention kicks off in Dubai

The BSV Global Blockchain Convention opened its doors for the first time in the UAE and will remain there until May 26th, 2022, at the Grand Hyatt, Dubai.
by News Desk | 4 min read
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.
by News Desk | 2 min read
April 29, 2022

Finbots.AI raises USD 3 million from Accel in Series A round

Finbots. AI, an Artificial Intelligence-envisioned firm bringing innovation to banks and financial institutions, announced the successful completion of a USD 3 million Series A round.
by News Desk | 2 min read
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.
by News Desk | 2 min read
April 11, 2022

Crypto adoption on way to mainstream: Checkout.com report

Checkout.com released its Demystifying Crypto: Shedding Light on the Adoption of Digital Currencies for Payments in 2022 report.
by News Desk | 3 min read
March 30, 2022

GrowthX Accelerator program welcomes second cohort of B2B tech startups

Microsoft for Startups, in collaboration with the Abu Dhabi Investment Office (ADIO), has welcomed its second cohort of 21 startups to the region's GrowthX Accelerator program.
by News Desk | 3 min read
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.
by News Desk | 2 min read