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Banking & Finance

Fujitsu implements Middle East’s first smart kiosks for Digital Banking

– Fujitsu and Emerico partner in delivering video Smart KIOSK machines for newly launched digital banking centre in Abu Dhabi – Secure and efficient anytime, anywhere service redefines the banking experience; customers can request the service online and complete it with a visit to the bank without  the need for waiting – Smart kiosks offer […]

Simplifying identity verification to aid digital transformation – it’s all about security and automation

By Marwan Elnakat, Digital Banking Sales CISMEA at Gemalto Digital technology and a new generation of consumers are redefining traditional banking and financial services, with the rate of change set to accelerate even further. Millennials have grown up in a world of 24/7 mobile connectivity and consequently their expectation is typically one of instant, one-click […]

Four tech hacks to faster customer onboarding

By Rami Bachir, Sales Manager, Middle East at Kodak Alaris, Information Management Division Customer onboarding or client onboarding (CoB), as we call the process of ‘entering’ new customers into the organisation, is an important moment of truth. It’s when you really make the difference and deliver upon the promises for why people became a customer […]

30 Days after WannaCry – what can the financial services sector learn?

By Charles Habak, Vice President at Booz Allen Hamilton MENA, and Wayne Loveless, Principal at Booz Allen Hamilton MENA WannaCry or Wcry represents the latest version of a growing threat called Ransomware – a tailored piece of malware designed to exploit specific vulnerabilities in the operating systems of its victims’ computers. Malware outbreaks are not […]

Federal Competitiveness and Statistics Authority and Mastercard sign MoU

The Federal Competitiveness and Statistics Authority (FCSA) has signed a Memorandum of Understanding (MoU) with Mastercard, a leading technology company in the global payments industry. The MoU aims to provide both parties with a strategic platform for the exchange of expertise and knowledge, especially in the areas of data and statistics, including big and open […]

Mashreq Bank, Bank Muscat select Oberthur Technologies for card solutions

Oberthur Technologies, a global provider of embedded security products in the payment sector, has been selected by Mashreq Bank to deploy Instant Card Issuance in UAE. Mashreq Bank is one of the UAE’s leading financial institutions. Established in 1967 by the Al-Ghurair Group, it is the largest private sector bank in the UAE. With 50 […]

eHosting Datafort opens New Cyber Defense Centre in Dubai

eHosting DataFort (eHDF), the region’s leading Managed Hosting and Cloud infrastructure services provider, has launched its Cyber Defense Centre (CDC) in Dubai Internet City. The CDC comes at a crucial time when organisations in the Middle East are faced with advanced and persistent security threats. “eHDF’s CDC deploys advanced security intelligence and automation tools to […]

UAE Exchange launches wearable card using Oberthur Technologies Flybuy MiniFOB

UAE Exchange, a global remittance, foreign exchange and payment solutions brand, and Oberthur Technologies have partnered to launch gocash prepaid card of UAE Exchange through the first-ever contactless payment through wearable devices powered by Flybuy MiniFOB technology from Oberthur Technologies. UAE Exchange will be offering the wearable contactless payment option to select 100 gocash prepaid […]

Qatar Islamic Bank to use TSYS PRIME4 for card issuing and acquiring

TSYS announced it has signed an agreement with Qatar International Islamic Bank to license PRIME 4, the latest version of TSYS’ future-focused PRIME payment solutions platform. Qatar International Islamic Bank is an award-winning Islamic bank that will leverage PRIME as a consolidation platform to manage all of its card issuing and multi-channel acquiring. By migrating […]

Accenture launches upgraded banking technology platform at National Commercial Bank

Accenture, the global professional services company, has successfully completed the core system replacement of the retail banking operations at the National Commercial Bank. The highly complex project, which took approximately two years to complete, was part of NCB’s NextGen program which was also undertaken with Accenture. The implementation of the project marks significant successes and […]

eHosting DataFort achieves the acclaimed PCI-DSS Certification

eHosting DataFort (eHDF), pioneers in Managed Hosting and Cloud Infrastructure services in the UAE, has attained the Payment Card Industry Data Security Standard (PCI-DSS) compliance certification. The company is also accredited with ISO 9001, 20000, 22301, 27001 and CSA STAR security certifications. This will allow e-commerce, Banking and Financial Services, Insurance (BFSI) and other clients […]

Dubai Government signs MOU with Avanza Solutions for citywide blockchain payments platform

Under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Avanza Solutions has signed an MOU with Smart Dubai Office to implement a citywide blockchain-based payments platform. The MOU signed by Dr. Aisha Butti bin Bishr, Director General, Smart Dubai and Waqas Mirza, Managing Director and Chief […]

KSA launches SAP Cloud Hub

Witnessed by His Majesty King Salman Bin Abdulaziz Al Saud, the Custodian of the Two Holy Mosques, and German Chancellor, Angela Merkel, during her trade mission to the Kingdom, SAP announced a plan to launch the SAP Cloud Hub, in collaboration with the Saudi Ministry of Communication and Information Technology represented by the National Digitization […]

Huawei Bahrain powers NEC Payments’ data centre

Huawei Bahrain and NEC Payments have announced the implementation of a new enterprise-class data centre, designed to support Bahrain’s financial services industry and emerging cashless society. A fully-fledged hardware solution by Huawei has scaled the data centre’s capacity and security to meet NEC Payments customers’ high volume of data demands as they continue to evolve. […]

Gemalto supports ME banks with new card personalisation centre in Dubai

Gemalto, the world leader in digital security, has opened a new banking card personalisation centre in Dubai, bringing the benefits of highly responsive, locally-based support to the region’s fast developing financial services sector. The new centre is fully certified by Visa and MasterCard, and offers a one-stop solution for EMV card personalisation and associated services […]

IBM and Salesforce announce landmark global strategic partnership

IBM and Salesforce have announced a global strategic partnership to deliver joint solutions designed to leverage artificial intelligence and enable companies to make smarter decisions, faster than ever before. With the partnership, IBM Watson, the leading AI platform for business, and Salesforce Einstein, AI that powers the world’s #1 CRM, will seamlessly connect to enable […]

AL-MAWARID Bank Standardizes VMware Software-Defined Data Center Innovations

VMware, Inc. (NYSE: VMW), a global leader in cloud infrastructure and business mobility, recently announced that AL-MAWARID Bank is deploying VMware NSX network virtualization to improve security and application continuity, accelerate product innovation through IT automation, and meet stringent regulatory compliance requirements. AL-MAWARID Bank is a fast-growing, ambitious Lebanese bank that invests in the latest […]

Saudi accountants: Evolve to support Vision 2030

Business, finance and government leaders from across the region and the world gathered at Al Faisaliah Hotel in Riyadh to understand the role that accountancy can play in the success of Saudi Arabia Vision 2030. Held under the patronage of H.E. Dr Majid Bin Abdullah Al Kassabi, Minister of Commerce and Investment, the one-day conference […]

Emirates NBD Optimises Sales with Oracle Cloud

Emirates NBD, has reported a boost in sales performance following the implementation of Oracle cloud solutions. The bank has implemented Oracle Incentive Compensation management solution to drive improved sales performance. The adoption of Oracle’s compensation application follows Emirates NBD’s recently announced AED 500 million commitment to further digital innovation and multichannel transformation of its processes, […]

OMA Emirates’ Centralized Card Issuance for QIIB

OMA Emirates Group, a provider of cutting edge technology for the payment industry has been contracted to provide a high-end in-house centralized card issuance solution to QIIB, a leading bank in Qatar. The deployment will entail a state-of-the-art EMV chip card issuance system with top of the range hardware and supported with the OMA Emirates’ […]