Mbanq taps SMEApprove’s AI tech to enhance credit decisioning
UAE-based Mbanq will integrate SMEApprove’s AI technologies to boost the efficiency of its SME credit evaluations, as part of a new deal.
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Tag: banking
Amazon, Barclays launch co-branded credit card
The Amazon Barclaycard is the only co-branded personal credit card that Amazon now offers in the UK.
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QIB introduces Request to Pay feature on Fawran service
Qatar Islamic Bank (QIB) has launched a Request to Pay feature on its Fawran instant payment service, available through the QIB Mobile App
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Monzo launches bank account for children
Monzo, the UK-based digital bank, has announced the upcoming launch of a new, free bank account tailored specifically for children aged 6 to 15.
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Weekly news roundup Middle East & Europe – July 19th
Welcome to this week’s weekly news roundup, where we bring you a quick overview of the latest developments in finance, payments, retail, e-commerce and more across the Middle East and Europe regions.
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Weekly news roundup Middle East & Europe – July 12th
Welcome to this week’s weekly news roundup, where we bring you a quick overview of the latest developments in finance, payments, retail, e-commerce and more across the Middle East and Europe regions.
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5 Open Banking trends transforming financial services in 2024
Open Banking has rapidly become a key catalyst for change in the financial services industry in 2024. Here are five trends shaping the industry right now.
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Banks in Singapore to phase out OTPs in favour of digital tokens
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have said the country’s major retail banks will soon phase out the use of One-Time Passwords (OTPs).
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RAKBANK, Microsoft ink deal to transform AI applications in banking operations
RAKBANK will leverage AI to transform various facets of the bank’s operations.
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European Banking Authority expands ‘travel rule’ to tackle money laundering
The European Banking Authority (EBA) has expanded the so-called ‘travel rule’ to help tackle money laundering and terrorist financing.
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Weekly news roundup Middle East & Europe – July 5th
Welcome to this week’s weekly news roundup, where we bring you a quick overview of the latest developments in finance, payments, retail, e-commerce and more across the Middle East and Europe regions.
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Jorge Carrasco: “Financial institutions can benefit most from this technology”
Jorge Carrasco, Blockchain and Web3 expert at FTI Consulting delves into the evolving digital assets landscape in the Middle East.
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Snappi obtains universal banking licence from the ECB
Greek neobank, Snappi has received a universal banking licence from the European Central Bank (ECB),
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DBS partners with Mashreq to extend same-day cross-border payments
DBS and Mashreq are extending same-day and near-instant peer-to-peer cross-border payments
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Weekly news roundup Middle East & Europe – June 28th
Welcome to this week’s weekly news roundup, where we bring you a quick overview of the latest developments in finance, payments, retail, e-commerce and more across the Middle East and Europe regions.
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Seamless ME 2024: Interview with Farshad Nowshadi | Consultant, Saman Bank
Seamless Xtra Editor, Mark Dowdall speaks with Farshad Nowshadi, Consultant to the Board of Directors at Saman Bank at Seamless Middle East 2024.
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Emirates Development Bank and Commercial Bank of Dubai ink trade deal
Emirates Development Bank (EDB) and Commercial Bank of Dubai (CBD) have inked a new deal aimed at enhancing international trade services
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Citi, Emirates NBD launch 24/7 USD cross-border payments in the Middle East
Emirates NBD is the the first bank to use Citi’s clearing service for cross-border USD payments
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LIBF whitepaper: “Sustainability reporting for banks: the climb starts here”
The London Institute of Banking & Finance (LIBF) has launched a new whitepaper for the MENA region highlighting the significance of ESG reporting for banks.
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Dutch neobank bunq partners with Mastercard to leverage AI in open banking
bunq, the second largest neobank in Europe, has partnered with Mastercard to offer its users a complete overview of their finances.
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