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Banking & Finance

Bank ABC partners with Jumio to become first Middle East bank to employ biometric-based digital KYC functionality

Bank ABC’s partnership with Jumio streamlines digital onboarding, eliminating the need for customers to visit branch offices when creating new banking accounts Jumio, a leading AI-powered trusted identity as a service provider, has announced a partnership with Bank ABC, one of the MENA region’s leading international banks. The partnership enables Bank ABC’s new mobile-only bank to […]

Creating a data-driven AI future for customers

NVIDIA and NetApp have partnered to deliver the ONTAP AI solution to benefit data-driven companies in transportation, healthcare, finance and telecommunications.

How banking is adapting to Digital Transformation

In a competitive market, Digital Transformation is the key to survival for banking organisations. Intelligent CIO has spoken to Naji Kazak, General Manager – Middle East, Africa, Turkey and Russia at Alaris, a Kodak Alaris Business, about how successfully the sector is transforming. What are your views on digitisation trends in the Middle East? Digital […]

United Arab Bank implements ManageEngine solutions

When United Arab Bank needed to improve its network performance it turned to ManageEngine for support. As a result, the UAE-based financial institution gained greater visibility and central control over its IT infrastructure. United Arab Bank, which has established itself as a leading solutions provider for a growing commercial and industrial base across the seven […]

Changing the banking industry’s landscape in the digital era

The face of the banking industry worldwide has undergone and is still undergoing a dramatic transformation as a result of the disruptive effects of mind-blowing digital advancements that have dominated the 21st century. Shady Aziz, A2P Manager, ArpuPlus, says Artificial Intelligence (AI) is one of these major disruptive and impactful technologies with a powerful, game-changing […]

ASA Ventures and IBC Group to boost luxury real estate investments in UAE and Portugal

Dubai-based venture capital firm, ASA Ventures, joins Blockchain investment company, IBC Group Limited, to introduce Gallery Sukuk Token Offering (Gallery STO) under the GST Offering Group, soon to be regulated entity in Malta. The joint venture will manage the buy-out and tokenisation of real estate assets in the UAE and Portugal. The group will issue […]

BLC Bank improves availability with Veeam

When BLC Bank decided to virtualise 85% of its environment, poor performance of its existing backup system presented risk and compliance concerns. To ensure integrity of vital customer and operations data, and the availability of critical banking services, the company needed to drastically reduce the time required for backup and recovery of applications and data. […]

Veeam customer on achieving quicker, consistent and simpler backups

How can CIOs challenged with maintaining aggressive service level agreements for response times to maintain availability ensure that employee downtime and data loss are minimised? One possibility is to implement Veeam Backup and Replication. This delivers availability for all virtual, physical and cloud-based workloads from a single management console. It also meets the backup demands for organisations […]

Emirates NBD lauded at Infosys Finacle Client Innovation Awards

Emirates NBD, one of the leading banks in the region, continues to receive industry recognition for its leadership in digital innovation, winning three awards at the Infosys Finacle Client Innovation Awards 2019. The awards recognise Emirates NBD’s best in-class capabilities in cloud innovation, API architecture and financial platforms. The firm won ‘Best API-led innovation’ for […]

Hoshan Holding partners with Seidor to become the KSA’s first adopter of SAP S4 HANA Public Cloud

Hoshan Holding fuels Digital Transformation by migrating from SAP ECC to SAP S4 HANA Public Cloud. The company will benefit from AI-powered decision-making capabilities, optimised business processes and reduced cost of ownership.  Seidor, a global system integrator that provides SAP consulting services, has announced that Hoshan Holding, widely recognised as one of the largest holding […]

Emirates NBD recognised as best retail bank in the Middle East 

Emirates NBD, a leading financial institution in the Middle East, has bagged four prestigious titles at The Asian Banker’s International Excellence in Retail Financial Services 2019 Awards. Emirates NBD was named Best Retail Bank in the Middle East and Best Retail Bank in the UAE, in recognition of the various milestones achieved by the retail […]

CIB deploys SAS enterprise risk and anti-money laundering platforms

A leading Egyptian bank has implemented enterprise risk and anti-money laundering platforms from SAS to streamline risk management processes and adhere to both local regulations and global standards regarding advanced analytical monitoring and reporting. Commercial International Bank – Egypt (CIB), one of the largest private sector banks in Egypt, has collaborated with SAS, a leader […]

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