Trading cryptocurrencies and investing in companies can take place within the boundaries of one platform, and all this can be attributed to the wonders of financial technology (FinTech). Yet, these undertakings are only plausible through the offerings of fintech companies that were once startups. The need to extend the existence of such startups is on […]
FinTech
The financial technology (FinTech) ecosystem is witnessing a power shift, one never seen before in the financial sector. To maintain its growth, the industry must impose a strategic power on the sector by implementing the right solutions and insights into the banking sector to fulfill its growth ambitions by optimizing financial institutions’ guidance and support. […]
Mobile payment apps and digital currency are becoming the ideal option for consumers to pay for goods and services, learning numerous ways to avoid Digital Wallet Transactions Fraud. The increased usage and the risk of being targeted by fraudsters have scam artists utilizing these apps for their schemes and hacks that have become “ethical.” Mobile […]
As we bid 2021 farewell, the takeaway from this eventful year is that we should learn to cling to the wave of change that accompanies the human race and, with it, the wave of endless innovations. 2021 came, and along came the never-ending opportunities of financial innovation to evolve as a race and clutch to […]
When comparing traditional and digital banking, we will find a remarkable number of advantages for digital banks. Their capabilities exceed those of ordinary banks with the mounting flexibility wave of financial technology’s (Fintech) emerging new technologies with the likes of cloud computing securing businesses globally. But what does digital banking really provide to both the consumers […]
In a new collaboration to boost the financial services in the Emirates, the leading Irish Fintech companies will be present in Dubai to enroll in the Irish Fintech Innovation Showcase event organized by Enterprise Ireland. This occurs with the Irish Government’s trade and innovation agency cooperating with Dubai International Financial Centre (DIFC) and the Commercial […]
The past decade has brought a much more enabled open space for technological inclusivity and security business networks. The reduced costs for the public to further benefit from the financial sector came, including the banking sector. The incorporation of technology with digital security and financial customization gave birth to what is today known as “financial […]
As the digital world evolves, companies all over the globe strive to make their way into the digital realm. Although payment gateways have been present for years, they keep upgrading their operational ways and features to remain at the top of the industry. MontyPay, a digital payment gateway, provides a seamless and global payment experience, […]
Mashreq, a Dubai bank, announced on Thursday the purchase of a stake in NymCard, a banking-as-a-service provider, to promote FinTechs in the United Arab Emirates (UAE) as cashless transactions increase owing to the coronavirus pandemic. The bank, which is controlled by the Al Ghurair family, said it recognizes “the important role the FinTechs play in […]
The United Arab Emirates (UAE) is prepared to issue federal licenses for virtual asset service providers (VASP) by the end of the first quarter to attract some of the world’s biggest crypto companies, according to a government official. Binance Holdings, the world’s largest cryptocurrency exchange by trading volume, is among those considering imposing a more […]