Top Stories

Dubai Police to rollout second NFT collection during GITEX 2022

As many as 22.91 million people from all over the globe registered their interest in getting Dubai Police’s first collection of non-fungible tokens (NFTs), which was released by the Dubai Police General Command during the second quarter of 2022....

A stats-based approach to hybrid work in the financial sector

A flexible office environment can better align employee needs and business goals, but the financial and banking sector seems to be reverting to old habits and rallying for in-office presence. Ekta Puthran, MEA Lead – Collaboration,...

Nutanix helps financial services organisations in Middle East reimagine their cloud journey

Many FSIs make the mistake of layering piecemeal cloud solutions on infrastructure in an attempt to achieve functional goals. Nutanix has detailed organisations’ relationship with the cloud and how the company is aiding them on this journey. Nutanix,...

Ajman Bank launches Mastercard Touch Card

Mastercard and Ajman Bank have strengthened their commitment to inclusion through a new initiative designed to expand access to the digital economy. Touch Card is an accessible payment card that will allow blind and partially-sighted people to easily...

Carbon transforms into a full-service bank on Mambu

Carbon Finance, a Pan-African microfinance bank, has announced it has extended its partnership with Mambu to continue growing its financial services offering and accelerate expansion. The agreement enables Carbon to offer the full-spectrum of...

Grey raises US$2 million to simplify cross-border payments across Africa

Grey, a FinTech started to simplify sending and receiving foreign payments for Africans, has raised US$2 million in seed funding. The service offered by Grey enables its customers to have virtual international bank accounts for free and enjoy a seamless...

GITEX GLOBAL 2022: Believe the hype – it’s here

Welcome to GITEX GLOBAL. As the year started with the global tech rout, on-going inflationary concerns and the recent rebound, yet the tech industry is teeming with great optimism and opportunities at GITEX GLOBAL, as it gets ready to kick off its record...

PalmPay hits 10 million user milestone in Nigeria

PalmPay, a FinTech innovator aiming to make digital payment more accessible and flexible, has announced that it has reached 10 million users in Nigeria. This represents a doubling in its user base within just six months and puts its customer numbers in the...

UAE consumers turning to mobile apps for finance and retail services

As businesses in the UAE double down on mobile apps in a bid to increase customer engagement and spending, they are seeing highly positive results for their efforts with the overall number of installs of mobile apps in the country growing 23% in H1 2022,...

Suryoday Small Finance Bank implements Infosys Finacle

Infosys Finacle, part of EdgeVerve Systems – a wholly-owned subsidiary of Infosys – and Suryoday Small Finance Bank (SSFB) have announced the successful implementation of the Finacle Core Banking Platform and Finacle Treasury...

FinTechs are on the rise while the number of bank branches is falling

According to data from Finnovista, Colombia is the third largest ecosystem of FinTechs in the region, behind only Mexico and Brazil. The increase in FinTechs of different verticals is due, among other reasons, to the good numbers presented by the Colombian...

How should Latin American CIOs deal with the impact of inflation and the fluctuating dollar on the economy?

We have seen the current crisis grow in stages. It started with the pandemic, followed by the shortage of chips for all kinds of machinery and equipment, and it grew with the container crisis and the global supply chain. In addition, the hydrocarbon, fuel...