Abu Dhabi, UAE: Etihad Credit Bureau, the UAE’s federal entity for credit information and data-driven insights, has further expanded the country’s credit reporting framework by incorporating micro-loan account data. Accordingly, micro-loan account data from providers such as CashNow, submitted by Botim Finance (formerly Quantix), will now be included in UAE credit reports. The development follows the […]
BNP Paribas has received investment registration for a regional headquarters in Saudi Arabia, marking another step in the French banking group’s expansion in the Kingdom and the wider Middle East. The registration provides BNP Paribas with a base from which to expand its operations across Saudi Arabia and regional markets. However, the registration does not […]
Revolut Research is the institutional engine behind PRAGMA, Revolut’s proprietary foundation model powering real-time risk assessment, platform operations, and tailored product recommendations. Building alongside leading academic and technology institutions, the dedicated research unit provides a central framework for Revolut’s proprietary AI deployments and machine learning initiatives Dubai, United Arab Emirates, 25 August 2026: Revolut, the […]
The launch underscores HSBC’s continued investment in its UAE wealth business and its confidence in the market’s long-term growth potential. Dubai – HSBC in the UAE today became the first market in HSBC’s global network to launch the upgrade to its Global Money Account, a fully integrated multi-currency account and debit card designed for the way […]
Dubai, United Arab Emirates – Zand, an AI and blockchain-powered digital bank in the United Arab Emirates (UAE), today announced plans to expand its stablecoin infrastructure capabilities through support for USDC, issued by regulated entities of Circle Internet Group, Inc. (NYSE: CRCL). The initiative aims to support use cases, including payments, settlement, treasury operations, trading, […]
SHARJAH: As part of its ongoing efforts to advance its digital financial infrastructure and enhance the efficiency of the government payment ecosystem, Sharjah Finance Department (SFD) continues to develop its “Tahseel” system and expand the payment options available across its various channels. These efforts aim to provide customers with a more integrated, flexible and secure […]
Ajman, UAE, Ajman Bank announced the launch of “AB ONE CORP”, its new digital banking platform designed to deliver a more secure, seamless, and intuitive digital banking experience for Corporate and SME clients. “AB ONE CORP” marks a major milestone in the Bank’s digital transformation journey, offering a modernized interface, advanced functionality, and enhanced governance and […]
Dubai, UAE: Shukria, Mercury’s digital payments and business solutions brand, today announced its collaboration with Mastercard to launch the Shukria Commercial Card, designed for merchants and other companies across the UAE. The move expands its offering beyond payment acceptance, reinforcing its vision of equipping businesses with practical financial solutions that support their evolving needs in an […]
Round led by SBI Group follows $51 million Series B raise in May 2026, marking ascent as one of the fastest-growing neobanking platforms. Capital will expand Own Network and deepen AI across stablecoin settlement, tokenization, and corridor banking. Fasset now processes more than $40 billion in annualized transaction volume, serving 3 million+ wallets and more […]
Dubai, UAE – 24 August 2026: Rakbank today announced that Rakbank Islamic customers can buy, sell and hold Bitcoin through Bitpanda’s regulated virtual asset trading platform directly from the Rakbank mobile app. The new service combines the convenience of banking with the opportunities of virtual assets, allowing customers to access Bitcoin through Rakbank Islamic while […]