Fintech News Middle East

11/12/2024

With its 4 Zeros framework, Huawei is redefining financial resilience, ensuring minimal downtime and maximum security for banks globally. https://fintechnews.ae/23273/virtual-banking/making-the-digital-transition-with-4-zeros-for-financial-institutions/

Huawei's 4 Zeros respresents a path forward to banks to modernise while also maintaing service reliability and reslience

11/12/2024

The collaboration focuses on enabling banks to modernise incrementally, deploy digital services swiftly, and scale BaaS solutions, with plans to expand globally.

https://fintechnews.ae/23323/abudhabi/audax-tuum/

audax Financial Technology has partnered with Tuum to support financial institutions in achieving digital transformation.

10/12/2024

This acquisition represents a significant step forward in the digital payments landscape in Kuwait.

National Bank of Kuwait (NBK) announced that it has acquired a majority stake of 51% in Kuwait-based Payment Services Provider, and e-commerce enablement platform, UPayments. This acquisition represents a significant step forward in the digital payments landscape in Kuwait by combining NBK’s exten...

10/12/2024

Among the first to implement Tap to Pay on iPhone in stores is the Italian professional cosmetics brand KIKO.

Adyen, the global financial technology platform of choice for leading businesses, has officially enabled Tap to Pay on iPhone for customers in the UAE, which allows businesses to use an iPhone and supporting iOS app to accept contactless payments without the need to purchase or manage additional har...

10/12/2024

This initiative aims to promote financial inclusion and expand the use of Fintech solutions across the Kingdom.

The Saudi Central Bank (SAMA) announced the launch of “Samsung Pay" through the national payment system “mada" in Saudi Arabia as part of its ongoing efforts to enhance the digital payments ecosystem in the Kingdom, aligning with the Saudi Vision 2030. This initiative aims to promote financial i...

09/12/2024

The Abu Dhabi Finance Week 2024 is set to kick off today, hosting over 350 thematic sessions and 600 influential speakers.

The Abu Dhabi Finance Week (ADFW) is gearing up for its largest edition yet, taking place from 9 to 12 December 2024.

05/12/2024

The Asian Financial Forum (AFF) is back!

Connect with fintech innovators and investors at the event while being inspired by topics covering AI, Big Data, Blockchain, Insurtech, Payment Tech, Green Fintech and more.

Early bird tickets available now: https://bit.ly/3Cotl36

05/12/2024

Huawei's '4 Zeros'—Zero Trust, Zero Wait, Zero Downtime, and Zero Touch—outline a framework for financial institutions to achieve enhanced security, agility, uptime, and automated operations.

Huawei's 4 Zeros respresents a path forward to banks to modernise while also maintaing service reliability and reslience

05/12/2024

The card will be denominated in USD and can be used at over 150 million locations worldwide where Mastercard is accepted.

Crypto.com has secured a principal network license from Mastercard, allowing it to issue cards directly on the latter's network.

04/12/2024

MontyPay has been contributing to the payment landscape with cutting-edge solutions that meet the ever-evolving needs of global businesses, which culminated in this prestigious recognition.

MontyPay has been awarded the prestigious "Payment Innovation of the Year" accolade at the eCommerce Expo 2024, held on September 18th in London.

03/12/2024

As digital banking transforms the Middle East, stay ahead of the curve at Abu Dhabi Finance Week! Dive into cutting-edge insights and innovations, don't miss out on expert insights, register now: https://bit.ly/40lpFsX

29/11/2024

This drop was largely due to the absence of megarounds, which had previously driven much of the sector’s growth, the report says.

Private equity (PE) dealmaking in the Middle East and North Africa (MENA) region has slowed significantly this year, owing to challenging market conditions. In H1 2024, PE investments in the region totaled US$5.9 billion through 49 deals, representing a significant decline from the US$15.4 billion d...

29/11/2024

Discover why financial institutions trust NCR Atleos to deliver the most reliable, innovative, and customer-friendly ATM solutions globally.

Learn more here: https://bit.ly/4dNYnzm

28/11/2024

Daumantas Grigaravicius will take over the commercial management and strategic planning for Adyen in the region as the new Head of Middle East.

Daumantas Grigaravicius will take over the commercial management and strategic planning for Adyen in the region as the new Head of Middle East, replacing Sander Maertens, who’s transitioning to a global commercial role.

28/11/2024

Invest Hong Kong has opened a new office in Cairo, Egypt, aiming to attract businesses from the MENA region to Hong Kong.

InvestHK has opened a new office in Cairo, Egypt, aiming to attract businesses from the MENA region to Hong Kong.

27/11/2024

The event expects a gathering of over 20,000 attendees from around the world, representing over USD 30 trillion in managed assets.

Under the esteemed patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi, and Chairman of the Executive Council, Abu Dhabi Finance Week (ADFW) has unveiled a compelling agenda for this year’s event that will take place from 9th to 12th December 2024...

27/11/2024

60% of Middle East banks are investing in digital transformation—explore the latest trends and strategies at the upcoming Abu Dhabi Finance Week 2024!

Register now for exclusive access: https://bit.ly/40lpFsX

22/11/2024

A robust 83% of respondents have embraced digital payment cards enabled with biometric features, emphasizing the importance of security measures.

IDEMIA

IDEMIA Secure Transactions (IST), a leader in payment and connectivity solutions, today released the findings of its expansive 2024 Global Survey on consumer payment behavior.