ABX wins approval for crypto asset exchange and custodian
The exchange has its eyes set on bridging the gap between the MENA region and the rest of the world.
Middle East
Bank Leumi, CIBC and NAB launch online portal for fintechs
The platform provides a simple and easy process for fintechs to help connect them into the bank.
Emirates NBD builds AI-enabled bank with AWS
The Middle-Eastern bank is applying tech to customer sevice.
Identiq launches privacy-first identity validation network, raises $5m
The first solution designed to address growing sensitivities around data privacy.
NBB forges ahead with open banking in Bahrain
Tarabut Gateway will provide the infrastructure.
Visa signs up to support fintech innovation in Bahrain
Partnership will focus on innovation, education and payments trends.
Profile Software to provide wealth management support to MADA Capital
Omni-channel platform offers digital tools for wealth managers.
Top fintech stories this week – 10 May 2019
Deutsche Bank picks Red Hat, Orange acquires Secure Link, and much more!
Fenergo supports Bahrain’s blockchain-based KYC
It will support retail and corporate banking, with other sectors in the future.
Fiserv’s AML solution wins new clients in UAE and Iceland
AML Risk Manager chosen to streamline processes.
First real-time payments launched in Saudi Arabia
Vocalink partners with Saudi Payments for market-first development.
Capital Bank of Jordan selected Backbase for digital transformation
Implementation will be carried out by Backbase and one of its partners, Lisbon-based Bring Global.
Ameen Al-Iraq latest addition to Path’s Iraq user base
The Baghdad-based bank has signed for the iMAL core system.
Human Plus releases crypto payment ecosystem HupayX
Standing up to big players like Mastercard and Visa.
Emirates NBD launches WhatsApp banking
The bank will expand the range of functions customers can use.
TCS wins core replacement at National Bank of Bahrain
NBB is replacing an extremely old core system, TC4, which was developed by an Indian company, CMC Limited.
UAE’s digital bank Liv launches Kasisto’s AI chatbot
The conversational AI is called Olivia.
Network International’s LSE float attracts £300m Mastercard investment
Partnership aims to penetrate MEA region.
Sayata Labs attracts $6.5m seed funding for cyber insurance tech
Cyber risk assessment solution is described as ‘game-changing’.
eToro buys blockchain company Firmo
This is eToro’s first acquisition.
Network International to float on London Stock Exchange
The IPO will make at least 25% of its issued share capital on the LSE.
Iraq’s Rafidain Bank revamps tech with Oracle
EXCLUSIVE. It is understood new tech will replace Finastra’s Fusionbanking.
The customer is at the heart of the Middle Eastern fintech revolution
Bahrain is quickly becoming a place for regional and international fintech firms to invest and succeed.
Dubai International Financial Centre launches $10m fintech fund
DIFC plans to invest in start-ups in Middle East and North Africa.
Europe’s dance of fintech hubs
As a strong and united ecosystem, the European fintech scene can finally discover its true potential.
International Women’s Day: a great time to reflect on progress, but there’s still a long way to go
A look at initiatives that help a better work/life balance – and assist women to get to the most senior roles.
Mobi Direct picks Worldline for Pakistani payments
The PSP/PSO aims to modernise paytech in the country.
Palestine Islamic Bank goes digital with Temenos to the core
Infinity and T24 Transact will support the bank’s digital transformation.
Finastra core system fuels Al Taif Islamic Bank
Iraqi bank looking to “kick start its retail business”.
Al Rajhi Bank turns to Temenos for digital revamp
Saudi Arabia’s second largest bank plans “complete renovation”.
ZagTrader and BeQuant show crypto FIX-ation
Duo will offer access to cryptocurrencies using the Financial Information Exchange (FIX) and APIs.
BML Istisharat’s ICBS core system sees success in Lebanon and Morocco
Finance Bank is going live and FNAC has picked the platform.
Emirates NDB turns to Intellect Design for transaction banking overhaul
Part of the bank’s $410m transformation project.
Emirates NDB updates to Calypso 15 for treasury ops
Aligned with its four-year transformation strategy.
Saradar Bank freshens up branch with sweet S17 in Beirut
Lebanese bank wants to combine a café, a co-working space and a digital offering.
Israel’s Jerusalem Venture Partners closes $220m tech fund
JVP shows interest in cybersecurity, fintech and insurtech.
Finastra’s Fusion Essence core system savours Saudi success
Saudi Arabia’s Agricultural Development Fund looking for better lendtech.
No Xpence spared as Dubai neobank readies for business
“Gulf region’s first neobank designed by entrepreneurs for entrepreneurs.”
Abu Dhabi Commercial Bank makes a MoneyBuddy
The app is built on Strands’ technology.
Symantec acquires Luminate Security for cyber cloud defence
Getting prepared for infrastructure managed by Azure, AWS and Google.
