Top Stories

CoinMENA partners with Bitpanda to enhance trading efficiency and expand crypto offerings

CoinMENA, a crypto asset platform licensed by the Central Bank of Bahrain and sister company CoinMENA, licensed by the Dubai Virtual Asset Regulatory Authority, VARA, announced a strategic partnership with Bitpanda Technology Solutions, the digital assets...

Mastercard invests in continued defence of global digital economy with acquisition of Recorded Future

Global threat intelligence capabilities complement Mastercard’s existing suite of services delivering cyber-resilience and trust. Mastercard has expanded its cybersecurity services with an agreement to acquire global threat intelligence company Recorded Future f...

Five things banks should know about their evolving customer preferences to stay competitive in 2024

Recently, FinTech in the Middle East and North Africa has experienced notable changes due to advancements in technology and shifts in consumer habits. Making it more important than ever for banks in the region to grasp and meet the evolving preferences of...

Globant acquires Blankfactor and strengthens payments, banking and capital markets practice in the US

Globant has entered into a definitive agreement to acquire Blankfactor, a US-based IT services consultancy specializing in payments, banking, and capital markets, with a successful track record in the financial services industry and extensive experience in...

Dubai AI Campus and Google Cloud announce collaboration to support startup ecosystem

Dubai AI Campus, the largest dedicated cluster of AI companies in the region at the DIFC Innovation Hub, home to the first and largest financial technology accelerator in the Middle East, and Google Cloud have announced a collaboration agreement aimed at...

Driving growth in Saudi Arabia’s digital payment landscape

Network International is making bold strides into Saudi Arabia, driven by ambitious goals and a vision for the future. In an exclusive insight, Al-Dahmash, Managing Director for KSA at Network International, reveals the company’s dynamic strategy, unique m...

The critical role of payment performance in maximising ecommerce success

The MENA region is undergoing remarkable digital growth. According to Checkout.com’s 4th annual ecommerce report, The State of Digital Commerce in MENA 2024, the company witnessed a 658% surge in total payments processing volume (TPV) in the region between 2...

Open University upskilling students in their future finance careers with Zoho

Students to gain real-world accounting experience with cloud-based accounting software, Zoho Books, in the new academic year. The Open University is helping to upskill students aspiring to be finance professionals by exposing them to Zoho’s industry...

What can we learn from the FinTech landscape in the Middle East?

In this month’s Editor’s Question, Intelligent FinTech asks “What can we learn from the FinTech landscape in the Middle East?” Rami Chedid, Chief Executive Officer of MultiPass for the UAE and the Middle East  Over the past...

Digital lending offers GCC Banks effective inroads into the vital SME segment

Sara Hoteit, Regional Manager, Middle East at Backbase, explores how digital lending empowers GCC banks to capture the SME market by offering personalised, efficient financial solutions, driving growth and fostering long-term relationships.  The ...

FinTech provider FlapKap partners with Aramex to provide funding for SMEs

Aramex announced a strategic partnership with FlapKap, MENA’s revenue-based financing platform. The collaboration aims to support new and existing Aramex merchants, small and medium e-commerce businesses, SMEs based in the UAE to obtain, fast and flexible f...

How the EU AI Act will impact financial institutions

The EU AI Act, which came into force on 1 August 2024, is a significant legislative development for financial institutions (FIs). With provisions starting to apply over a period of six to 36 months, most of the Act’s rules will be enforceable after two y...