Etisalat Digital launches new blockchain platform to prevent trade finance loss
UTC states that the losses via duplicated invoices can be between Dh500 mn to Dh1 bn...
Tag : UAE banks
ADIB partners with IBM to fast track digital transformation
The partnership will help improve digital infrastructure, modernise operations and automate processes...
CBUAE issues new Consumer Protection Regulation
The new regulations are aimed to ensure the fair treatment and protection of consumers...
Dubai Economy and Emirates NBD to launch KYC blockchain platform
The platform will facilitate secure digital customer onboarding and also instant bank account functionality...
Abu Dhabi Commercial Bank to let go 400 employees
The bank decides to cut costs amid lower oil prices and the Covid-19 crisis...
FAB stalls talks to acquire Bank Audi Egypt over uncertainity
Mergers and acquisitions in the Middle East are expected to grow after the negative effects of the pandemic settles...
RakBank, BankAsia drive cross-border payments using Ripple’s blockchain
Bangladeshi expatriate community is expected to benefit from the partnership with instant and secure payments...
UAE banks provide 98% of services digitally amid coronavirus outbreak
A study also revealed that digital banking users significantly increased to 90%...
Coronavirus: Saudi Arabia plans $13.3 bn stimulus for private sector
UAE announces its own $27.2 bn stimulus and Egypt allocates $6.4 bn...
National Bank of Fujairah and Ripple to facilitate cross border payments
The UAE-based bank will use RippleNet to facilitate remittance payments to India through Indus Ind Bank...