Egypt To Transform Into A Cashless Economy With Digital Banks
The Central Bank of Egypt (CBE) issued new rules this month for registering and delivering licences, ...
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Saudi banks big on new digital future; fintech transactions to outdo the USD 33 billion thresholds by 2023
Saudi banks are wagering big on the future of digitisation. Data from the Saudi Central Bank ...
New Zealand to Invest $290M in State-Owned Kiwibank to Challenge Big Four Banks
This initiative will enable the New Zealand-owned bank to compete more vigorously against the four Australian-owned ...
New Central Bank Digital Currency to be Launched by SWIFT in 12-24 months
SWIFT mentions that the platform could be extended to areas beyond CBDCs in the future SWIFT, ...
UK Banks Announce Closure of 36 More Branches
In a recent announcement, four major banks in the UK have declared plans to shutter an ...
Middle East’s Fintech & Digital Sukuk to Spearhead the Growth of Islamic Finance
These fintech businesses and digital sukuk would be prominent drivers of growth for the overall Islamic ...
Accel, Citi Ventures invests US$6 million in xalts –an investment management, and technology firm driving institutional participation in digital assets
Accel, Citi Ventures (Citi’s venture capital investing group) and crypto luminaries such as Polygon co-founder Sandeep ...
CIB launches new Instant Payment service to support Digital Transformation plans
The Commercial International Bank (CIB) has launched Instant Payment service through its digital channels, including Internet ...
Bahraini AFS (Arab Financial Services) expands new digital payments solutions into Egypt in 2022
Bahrain-based Arab Financial Services, the leading digital payment solutions provider and fintech promotor in the Middle ...
NextGen FDI launched in the UAE to attract world’s top digital businesses in 2022
The UAE Ministry of Economy launched the NextGen FDI, which is a major campaign to attract ...
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