Finance (Category)

Saudi Payments, under the supervision of the Saudi Central Bank (SAMA) announced the launch of Saudi Arabia's instant payments system 'sarie' in cooperation with IBM and Mastercard, the leading technology company in the global payme...

The coronavirus pandemic triggered an e-commerce boom in sub-Saharan Africa, alongside the rest of the world. With a global recovery under way, the question now is: can that growth be sustained?

A new survey from Checkout.com a leading global payment solution provider suggests there will be an even greater surge in online shopping during the upcoming Ramadan period.

Dubai Economy and Dubai International Financial Centre (DIFC) Authority have signed an agreement to consolidate efforts and expand the UAE KYC (Know Your Customer) Blockchain Consortium positioning it as the national corporate e-KYC Platform, maki...

Tata Consultancy Services recently participated at the 10th Annual Middle East Banking Innovation Summit at Le Méridien Dubai Hotel & Conference Centre on March 01, 2021. The Middle East Banking Innovation Summit was the first banking and fint...

ESET, a global leader in cybersecurity, reveals that over two-thirds of business leaders (68%) expect their company’s investment in FinTech to increase in 2021/2022. This comes as 81% of senior managers surveyed agree that COVID-19 has increased t...

By officially receiving Bitcoin as a form of payment, Virtuzone reinforces its position as a leader in business innovation, while making its company incorporation and business support services more accessible, affordable and convenient for entrepr...

The new project will be deployed on Oracle Cloud Infrastructure for high-performance computing power to run the bank’s IT workloads while providing real-time elasticity.Amana Bank, a leading Islamic bank in Somalia has announced that it has select...

If you spent any time in your childhood swimming in the sea, there’s a fair chance you remember the feeling of being dumped by a wave. For those brief moments in time, your feet lose the ground and mild panic sets in as you battle to discern up fr...

Recently, the Canadian Government introduced a new directive which was issued by the Minister of Finance impacting many members of the Iranian diaspora in Canada. The Ministerial Directive was introduced to curb money laundering and the financing ...

Delay in MSCI’s upgrade to emerging market status was a blessing in disguise as it allowed Kuwaiti companies to make changes prior to the inclusion of new investor inflows.

As part of its ongoing efforts to support UAE businesses during the ongoing COVID-19 situation, Emirates Islamic, one of the leading Islamic financial institutions in the UAE, is offering Business Banking debit cards free of charge to eligible SME...