News & Press Releases

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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Changing the banking industry’s landscape in the digital era

Posted On June 18, 2019

AI-driven virtual assistant on its own can support customers in numerous tasks, including addressing incidents of stolen cards.
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BankDhofar introduces cardless banking through ATMs using mobile number

Posted On June 11, 2019

Customers may conduct ATM transactions using their mobile number only.
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Digital payments experience soaring popularity in the banking industry: report

Posted On June 10, 2019

In becoming a smart city, UAE is also striving to become a cashless society.
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Meet Dana, Bahrain Islamic Bank's first virtual employee

Posted On June 10, 2019

Part of Bahrain Islamic Bank's journey of 'continuous improvement and discovery', says CEO.
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BLC Bank improves availability with Veeam

Posted On June 3, 2019

Every new service − from telephone and Internet banking to mobile applications−has been eagerly received and rapidly adopted by customers who view these as essential.
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Standard Chartered aims to build new digital capabilities with 5G inclusion

Posted On June 2, 2019

By adding the technology, banks can provide consumers with free internet access at their branches and real-time digital engagements
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Emirates NBD ties up with Amazon Web Services to build a bank of the future

Posted On May 29, 2019

The Dubai lender will use AI, data analytics, image recognition and machine learning to improve the customer experience
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Dates announced of the 9th Annual Middle East Banking Innovation Summit

Posted On May 7, 2019

Across two days, more than 40 banking experts will deliver keynote presentations, case study sessions and participate in panel discussions.
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BankDhofar First in Oman to Introduce NCR’s Financial Kiosk

Posted On April 24, 2019

NCR’s Financial Kiosk is powered by NCR’s SelfServ 81, NCR’s next-generation, mobile-ready ATM platform.
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Why customer experience is key for banks in the UAE

Posted On April 21, 2019

Strategies based on pricing or new products are unlikely to be unique differentiators in the banking sector
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Banks need to up their game to take on Big Tech

Posted On April 21, 2019

Apple’s entry with its credit card is but one of many battles banks need to engage in
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Emirates NBD launches WhatsApp chat banking

Posted On April 8, 2019

To subscribe to this service, customers are requested to SMS ‘WhatsApp’ to 4456 using their registered mobile number or alternatively they can subscribe through Mobile or Online Banking.
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Mashreq to pare down branches to 27 as it mulls boosting tech investments

Posted On April 2, 2019

The Dubai lender is shifting focus to digital operations through 'smart banks'
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Citi launches next generation mobile app in the UAE

Posted On March 24, 2019

More than 80% of its customers are enrolled in digital channels
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Emirates Islamic teams up with emaratech to enable electronic payments

Posted On March 11, 2019

With just a few easy steps, Emirates Islamic individual and corporate clients will now be able to register and top up their noqodi wallet on all Emirates Islamic channels such as smartBUSINESS, mobile banking, online banking and ATMs.
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Emirates NBD announces planned end-to-end digital transformation

Posted On February 26, 2019

Emirates NBD’s investment in a new digital platform will strengthen the bank’s position as the country’s market leader in Transaction Banking.
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Revealed: how the UAE is going contactless

Posted On February 15, 2019

Senior banking exec says popularity is being driven primarily by the increased penetration of contactless cards and usage of digital wallets
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