Global Banking Monitor (Page 52)

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UAE Launches Jaywan Domestic Card Scheme, Reducing Reliance on International Networks

Payments & Fintech

UAE Launches Jaywan Domestic Card Scheme, Reducing Reliance on International Networks

Al Etihad Payments has launched Jaywan, the UAE's first domestic payment card scheme, enabling financial institutions to issue locally branded debit,...…

Zand Bank and Taurus Sign Strategic Digital Asset Partnership

Digital Banking

Zand Bank and Taurus Sign Strategic Digital Asset Partnership

UAE digital bank Zand has signed a strategic partnership with Swiss digital asset infrastructure provider Taurus to offer institutional-grade custody and...…

Mashreq Awards Oracle Global Banking Licence to Power International Expansion

Mashreq Awards Oracle Global Banking Licence to Power International Expansion

Mashreq Bank has awarded Oracle Financial Services a worldwide licence to modernise its core banking infrastructure across all international markets, in one...…

Bahrain Mandates Digital Payment Acceptance for All Commercial Establishments

Bahrain's Ministry of Industry and Commerce has issued Resolution No.…

Nubank Acquires AI-for-Banks Startup Hyperplane to Accelerate AI-First Strategy

Nubank Acquires AI-for-Banks Startup Hyperplane to Accelerate AI-First Strategy

Brazilian digital bank Nubank has acquired Hyperplane, a Silicon Valley-based AI startup specialising in machine learning for financial services, as part of...…

Liv Launches Game On Deposit, a Gamified Fixed Deposit Account

Digital Banking

Liv Launches Game On Deposit, a Gamified Fixed Deposit Account

Liv, the digital banking platform operated by Emirates NBD, has launched Game On Deposit, a gamified fixed deposit product that ties interest rate bonuses...…

Mashreq to Roll Out Oracle Flexcube Core Banking System Across Global Operations

Mashreq to Roll Out Oracle Flexcube Core Banking System Across Global Operations

Mashreq has extended its relationship with Oracle Financial Services to roll out the Oracle Flexcube core banking system across its global operations,...…

ADIB Implements AI Technology from Silent Eight for Financial Crime Screening

ADIB Implements AI Technology from Silent Eight for Financial Crime Screening

Abu Dhabi Islamic Bank has deployed Silent Eight's AI platform to automate the alert screening investigation process within its financial crime compliance...…

FAB Bolsters CLM Operations with Fenergo for Digital Client Onboarding

First Abu Dhabi Bank has integrated Fenergo's SaaS Client Lifecycle Management platform to accelerate client onboarding and strengthen its anti-money...…

Add Value Machine and ADCB Successfully Conclude UAE's First-Ever Generative AI Hackathon

Add Value Machine and ADCB Successfully Conclude UAE's First-Ever Generative AI Hackathon

Abu Dhabi Commercial Bank has partnered with Add Value Machine and Amazon Web Services to host the UAE's first generative AI hackathon in the banking sector.…

Kuwait Launches WAMD Instant Payment System, Onboarding 30% of Banked Population Within Three Months

Payments & Fintech

Kuwait Launches WAMD Instant Payment System, Onboarding 30% of Banked Population Within Three Months

Kuwait has launched WAMD, the country's first real-time instant payment system, onboarding approximately 30% of the banked population within three months of...…

Citi and Emirates NBD Launch 24/7 USD Cross-Border Payments

Payments & Fintech

Citi and Emirates NBD Launch 24/7 USD Cross-Border Payments

Emirates NBD has become the first bank to use Citi's 24/7 USD Clearing service, enabling round-the-clock cross-border US dollar payments from the Middle East.…