“The emergence of stablecoins completely changed how we think about moving money. Rather than just fixing a transfer problem, we realized we could reinvent our entire settlement infrastructure.” said; Joseph Cleetus, Head of Business Transformation, LuLu Financial Holdings. Around the world, people send money home at any time, but the dollars behind their transfers still […]
New purpose-built agentic solution empowers global institutions to automate complex, end-to-end financial workflows across capital markets and corporate banking Dubai, United Arab Emirates — Today, Google Cloud unveiled Gemini Enterprise for Financial Services, a purpose-built agentic AI solution engineered for financial professionals. This solution includes a Google-managed Financial Research agent, more than 50 new skills with specialized agentic […]
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 […]
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 […]
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 […]
CIB-backed digital banking platform, yomo, set to make managing money simpler, more accessible and more empowering for millions of Egyptians at home and abroad. Cairo, Egypt: Commercial International Bank – Egypt (CIB) announces that the Bank received today preliminary approval from the Central Bank of Egypt to establish yomo digital bank, in line with Egypt’s digital […]
Capital.com clients in the UAE will be able to buy and hold crypto-assets, following a full CMA licence granted to affiliate Capital Vault Virtual Services L.L.C – S.P.C. ABU Dhabi , UAE: Capital.com today announced plans to offer virtual-asset investment services to clients in the UAE. The move follows a licence granted to its affiliate, Capital […]
Riyadh, Saudi Arabia; SNB Group, in collaboration with Mastercard, today announced the launch of the SNB World Legend Mastercard, becoming the first financial institution in the Middle East and North Africa to to offer Mastercard’s most prestigious card tier to its Private Banking clients. The launch reflects SNB Group’s continued commitment to delivering innovative banking solutions and […]