digital banking


Open Banking Fuels GCC Fintech Boom As UAE, Saudi Lead Regional Growth Surge

Middle East Business News - Published date: .

The open banking payments volume in the GCC is projected to quadruple to over $930 billion by 2028 from $230 billion in... Read more

Saudi Arabia Approves Licence For D360 Digital Bank

Middle East Business News - Published date: .

D360 Bank given approval to launch operations in Saudi Arabia Read more

UAE Leads The Way For Digital Innovation In Middle Easts $3.2bn Banking Sector

Middle East Business News - Published date: .

The UAE’s willingness to adopt innovative banking practices such as blockchain adoption and AI put it at the forefron... Read more

UAEs Zand Bank Partners With Paymentology to Accelerate Fintech Growth

Middle East Business News - Published date: .

The collaboration focuses on expanding financial services for fintechs and startups, aiming to accelerate innovation an... Read more

Emirates NBD Partners Partior For Cross-border Payments

Middle East Business News - Published date: .

UAE bank also evaluating an equity investment in the company, known for their blockchain-based platform for clearing an... Read more

Survey Reveals Trust In UAE Banks On The Increase

Middle East Business News - Published date: .

UAE banking sector has higher trust rating than US, UK, China, Japan, France and Germany Read more

Saudi Banks Turn To Twitter, Mobile Apps Amid Digital Shift

Middle East Business News - Published date: .

According to statistics from Twitter, 76% of Saudi bank customers used their banks official banks in April, up from 69% ... Read more

Covid-19 Will Accelerate Digital Banking, Says National Bank Of Bahrain CEO

Middle East Business News - Published date: .

National Bank of Bahrain CEO Jean Christophe Durand said that traditional banking branches will have little room to expa... Read more

Dubai's Liv Says Customers Rush To Open Accounts To Win Private Island

Middle East Business News - Published date: .

Digital-only lifestyle bank by Emirates NBD reveals it has seen 44,000 new accounts opened since launch of competition t... Read more

Dubai Bank Offers Private Island As Prize In Loyalty Points Promotion

Middle East Business News - Published date: .

The location of the island is being kept under wraps but Liv says it is the size of five football fields and is connecte... Read more

UAE's Al Hilal Bank Plans Digital Transformation Under New CEO

Middle East Business News - Published date: .

Amr Al Menhali, newly appointed as Al Hilal Bank's CEO, will lead a digital transformation to enhance customer experienc... Read more

'No Significant Impact' On Jobs From Mashreq Branch Closures

Middle East Business News - Published date: .

Senior exec says bank is retraining employees as part of its digital transformation strategy Read more

Revealed: How Dubai's Mashreq Is Adapting To A New Era In Banking

Middle East Business News - Published date: .

Mashreq Bank unveils a reimagined branch format as part of its digital transformation strategy Read more

Dubai Digital Bank Liv Launches AI-powered Chatbot Olivia

Middle East Business News - Published date: .

With the launch of Olivia, Liv customers can get account information and insights on their spending as naturally as text... Read more

Saudi Banking Giant Picks Temenos For Digital Transformation

Middle East Business News - Published date: .

Al Rajhi Bank, the world's largest Islamic bank, appoints software firm to drive digital solutions Read more

It's All About New Ideas At Saudi Arabia's Oldest Bank

Middle East Business News - Published date: .

On the cusp of a historic merger, Saudi Arabia's oldest bank is using AI - and coffee - to reach out to a young, tech-sa... Read more

Dubai Digital Bank Is First To Launch Smartphone Insurance Plan

Middle East Business News - Published date: .

Liv. says Mobile Insurance is the first in a series of insurance products to be launched over coming months Read more

Saudi Arabia's Alawwal Bank Training All Employees In AI

Middle East Business News - Published date: .

Alawwal Bank managing director Soren Nikolajsen said that the courses also show the limitations of AI technology and wha... Read more

Why It Pays To Bank On Customer Experience

Middle East Business News - Published date: .

Brand View: There's a sure-fire way for Saudi banks to deliver sustained levels of growth, and that's by providing a sup... Read more

Why It Pays To Bank On Customer Experience

Middle East Business News - Published date: .

Brand View: There's a sure-fire way for Saudi banks to deliver sustained levels of growth, and that's by providing a sup... Read more