fintech

Central Bank governors from UAE, Egypt and Jordan discuss industrial partnerships

Reportedly, Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), today met…

Dubai can “play a pivotal global role in supporting the digital financial industry”,  CEO of Equiti says

He recently met with the Dubai Chamber of Digital Economy to look at ways to…

Omni-method global payment solution PayerMax announces its launch in the MENA region

PayerMax which is a global omni-method collection and disbursement solution, has announced its launch in…

Bitcoin cannot be seen as a future payments method, says FTX CEO

Bitcoin’s proof-of-work methodology for validating blockchain transactions, according to FTX founder Sam Bankman-Fried, cannot handle…

GCC banks mitigate chances of cyber attacks through robust investment in cyber security

GCC banks are managing their exposure to cyber risks effectively through investment in digital security, according to S&P…

ADGM announces program to support decentralized finance

The Abu Dhabi Global Market opened its fifth Regulatory Laboratory (RegLab) sandbox programme and has invited FinTech…

Mashreq Bank invests $10m in UAE FinTech start-up Cashew

Mashreq, the Dubai lender controlled by the Al Ghurair family, has invested $10 million in…

Bitcoin loses 50% in value compared to its peak last November

The value of Bitcoin continued to fall over the weekend as it dropped below $34,000,…

South African Telecommunication giant MTN receives approval to offer banking services in Nigeria

Reportedly, Abuja, Nigerian regulators have given South African Telecommunication giant MTN the go-ahead to run…

UAE’s SaaS provider FOO to empower MENA businesses through fintech solutions such as BenefitPay, ZainCash and more

Reportedly, software-as-a-Service (SaaS) solutions are among the fastest-growing segments in the IT industry, with total…