Banking & Finance

Wealth Technologies: The Future of Wealth Management

Over the past two days, the 3rd and 4th of May, the 3rd Annual Middle East WealthTech Forum & Awards was concluded, leaving behind the resonance of the copious knowledge and insight shared during the course of its...

Al Ahli Bank of Kuwait selects GBM Shield to advance its operational security

Gulf Business Machines (GBM) has signed a three-year agreement with Al Ahli Bank of Kuwait (ABK) to implement the industry-leading GBM Shield cybersecurity platform within ABK’s operations. In a major move...

Data in motion can assist fraud detection, anti money laundering

Fraud is, regrettably, on the rise. UAE authorities seized $691 million in assets and confiscated assets worth $596 million in the 12 months to the end of July 2022 as part of a renewed push in anti-money-laundering,...

The Future of Wealth Technologies Explored: 3rd Annual Middle East WealthTech...

Wealth technologies refer to the use of innovative technologies such as artificial intelligence and big data to provide an alternative to traditional wealth management firms. This is used with the aim of making wealth...

e& money, Mastercard enter partnership to transform digital payments for...

e& money, the Fintech arm and financial super-app of e& life, announced its partnership with Mastercard to transform and evolve the way customers make payments via an exclusive prepaid card – enabling...

Open banking using open APIs is here to stay in GCC

Uday Shankar Kizhepat, Vice President and General Manager- Middle East and Africa Region at WSO2 says that country-specific nuances and maturity levels must be kept in in mind to enable regional banks to bring value...

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