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Banking & Finance

Zain Group signs MoU with Kuwaiti bank to provide data centre services

Kuwait based telecommunications company Zain Group has signed a Memorandum of Understanding with the Commercial Bank of Kuwait to provide cloud solutions and data centre services Kuwait based telecommunications company Zain Group has signed a Memorandum of Understanding with the Commercial Bank of Kuwait to provide cloud solutions and data centre services to aid the […]

GGCI overcomes security challenges with Nutanix

See how Gulf General Cooperative Insurance is overcoming regulatory and compliance and security challenges with Nutanix.

Commercial Bank wallet helps Qatar move towards cashless society

Commercial Bank in Qatar has launched CB Wallet, the country’s first mobile contactless payment wallet. CB Wallet acts as a digital wallet, allowing credit and debit cardholders to pay for items in stores conveniently and securely using their mobile phones. Customers can also use CB Wallet when shopping online and to manage their cards anytime, […]

Emirates NBD boosted by new milestone in core banking system upgrade

Emirates NBD, a leading banking group in the region, has completed the third phase of its international core banking system upgrade, as it forges ahead with its on-going Digital Transformation efforts to boost innovation and efficiency across its domestic and international operations. Leveraging advanced Finacle technology, the third phase of the project sees the rollout […]

Mimecast research finds data loss is primary concern for financial industry

Mimecast has announced new research commissioned by IDG Research on the factors leading financial services organisations to reprioritise how they manage compliance. Financial services organisations like retail banks, investment firms and insurance companies have always operated under stringent regulations and controls. However, increasing regulatory frameworks and evolving security threats are making compliance an increasing priority […]

National Bank of Kuwait becomes first bank in MENA to adopt 3D Secure 2.0

National Bank of Kuwait adopts Visa’s 3D Secure 2.0 to allow seamless authentication for eCommerce transactions. National Bank of Kuwait (NBK) became the first bank in the Middle East and North Africa (MENA) region to adopt Visa’s 3D Secure 2.0, which provides merchants and issuers with a seamless way to authenticate cardholders for eCommerce transactions […]

Wirecard and Turkey flight booking agency collaborate to improve purchasing experience

Wirecard, a global innovation leader for digital financial technology, and Enuygun, one of Turkey’s leading online travel agencies for flights, are working together to optimise digital payments for Enuygun customers. Wirecard processes incoming credit card payments on Enuygun for both global and local schemes including Mastercard, Visa and Troy. With over 17 million visits per month and […]

United Arab Bank chooses Finastra to power Digital Transformation

United Arab Bank has selected Finastra’s Fusion Corporate Channels and Fusion Cash Management products to strengthen its corporate offering and help attract more customers. It is also upgrading to the latest version of Fusion Equation, Finastra’s core banking solution, to offer an improved digital experience to its retail customers. The solutions are helping the UAE-based […]

Profile: Faisal Al-Rashoudi, VP and Head of Digitisation and Automation at Bank Aljazira

Faisal Al-Rashoudi, Vice President and Head of Digitisation and Automation at Bank Aljazira, is a highly-skilled Management Information System and Project Management professional with a proven 16-year track record in the field of Information Technology and related business project management. Bank Aljazira is recognised as one of the leading Shari’ah compliant, fastest- growing financial institutions […]

Get to Know: Mustafa Gangardiwala, Industrial Bank of Kuwait

On the lighter side of things we ask to Mustafa Gangardiwala, Head of Information Security Unit, Industrial Bank of Kuwait, about what makes him tick. What would you describe as your most memorable achievement? During my career, I have gain technical expertise in different technical areas. Even though I have a core technical understanding, I […]

Kuwait based ITS wins global Islamic Finance award

International Turnkey Systems Group (ITS), a market leading provider of comprehensive Shariah-compliant financial solutions, has been named as the ‘Best Islamic Finance Technology Provider 2019’ at the Global Islamic Finance Awards ceremony held in South Africa. Essam Alkheshnam, International Turnkey Systems (ITS) CEO, said: “We are delighted to win this award again this year. The […]

Kuwaiti fintech event announces keynote speakers

A major FinTech event in Kuwait has announced its list of keynote speakers. The Kuwait Financial Technology Conference & Exhibition will take place at the Four Seasons Hotel in Kuwait City between October 22 and 24. Keynote speakers include: M.R Raghu, Head of Research, Kuwait Financial Center (Markaz), Kuwait; Mohammed Kateeb, Group Chairman and CEO, […]

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