News & Press Releases

Emaar founder to head UAE's first digital bank

Posted On April 12, 2021

Mohamed Alabbar, founder and former chairman of Emaar Properties, will head Zand, the UAE's first digital bank that will cater to retail and corporate clients.
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Banking technology, fintech and digital transformation explored at the 10th annual middle east banking innovation summit

Posted On March 3, 2021

The Summit opened with a fascinating fireside chat between Naveed Minhas, Digital Platforms Executive, and Philip King, Global Head of Retail Banking at ADIB as they discussed how banks can improve their balance sheet through driving customer acquisition.
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Bahrain’s Bank ABC launches digital, mobile-only bank

Posted On November 28, 2019

The digital bank is to be introduced across the MENA region
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United Arab Bank chooses Finastra to power digital transformation

Posted On November 14, 2019

Finastra will help the bank modernize its retail and corporate offerings and drive growth.
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Emirates NBD offers instant account opening on mobile

Posted On November 4, 2019

Emirates NBD, a leading banking group in the region announced the launch of instant account opening for new customers straight from their smartphone.
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Oman's Ahli Bank upgrades mobile banking app

Posted On November 4, 2019

The online and mobile banking solutions gives a seamless experience, 24x7 to Ahli Bank customers
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Noor Bank, Smart Dubai explore latest innovations in banking

Posted On November 4, 2019

UAE-based Shariah-compliant bank Noor Bank has highlighted how the latest technological innovations are impacting the banking and finance sectors.
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Emirates NBD launches digital bank for entrepreneurs and SMEs

Posted On September 25, 2019

A new digital bank for entrepreneurs and SMEs has been launched by Dubai’s Emirates NBD.
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Global fintech experts to join banking innovation summit

Posted On August 5, 2019

Organised by Expotrade Global, the conference will be held on September 3 and 4 at Jumeirah Emirates Towers Hotel.
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KFH Bahrain Launches Secure & Simple Mobile Banking Application “KFHB Online”

Posted On August 4, 2019

Kuwait Finance House–Bahrain (KFH-Bahrain) has announced the launch of its new mobile banking application
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REINVENTING RETAIL BANKING – INNOVATIVE PRODUCTS AND SERVICES FOR TODAY’S CONSUMER

Posted On July 11, 2019

With the adoption of technological solutions such as artificial intelligence, big data and IoT, blockchain, banks are digitizing its processes and enhancing their services to offer customers the on-the-go banking.
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ADGM to begin hosting digital banks

Posted On July 10, 2019

Conventional lenders can apply to establish digital banks or their branches in the emirate's international financial hub
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Ajman Bank expands its footprint

Posted On July 9, 2019

The opening of the Dalma Mall branch is in line with our growth strategy and will allow us to serve more customers while offering them greater convenience.
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Collaboration is key for banks and FinTech firms, say finance executives

Posted On July 7, 2019

Working together is a 'win-win' situation with MEA's FinTech sector forecast to make up 8 per cent of financial services' revenue by 2022
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ADGM’s new FinTech regulations are credit positive for banking system, Moody’s says

Posted On July 7, 2019

Frameworks for digital banks and robo-advisers were issued this month
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Dubai woos Indian fintech start-ups with $100 million fund

Posted On July 5, 2019

“We have a strong focus on India and we realise how our incubators will benefit from Indian talent,” she said. These start-ups can bring innovation solutions in e-commerce, construction, logistics and retail sectors.
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Bank ABC Becomes First Bank in the Middle East to Employ Biometric-Based Digital KYC Functionality

Posted On June 23, 2019

“Bank ABC is committed to leveraging the benefits of AI technologies to create seamless customer journeys for accessing banking services securely,” said Sael Al Waary, Bank ABC’s Deputy Group Chief Executive Officer.
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Saudi Arabia banking sector continues to grow as digitisation increase: report

Posted On June 19, 2019

Saudi Arabia’s banking sector saw positive results in KPMG’s latest “Embracing digital report,” the audit tax and advisory services firm revealed.
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