Global Banking Monitor (Page 54)

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BankDhofar Launches "Dhofar Pay" - Oman's First NFC-Based Mobile Payment Solution

Payments & Fintech

BankDhofar Launches "Dhofar Pay" - Oman's First NFC-Based Mobile Payment Solution

BankDhofar has launched Dhofar Pay, a mobile payment solution that transforms NFC-enabled Android smartphones into contactless payment devices, marking a...…

AI Productivity in Banking: Measuring Real Impact

AI Productivity in Banking: Measuring Real Impact

Measuring AI productivity in banking beyond the hype. Where AI is genuinely improving efficiency and outcomes - and where the business case remains unproven.…

Kuwait Finance House Cuts Risk Processing Time by 96% with Microsoft AI Solutions

Kuwait Finance House Cuts Risk Processing Time by 96% with Microsoft AI Solutions

Kuwait Finance House has achieved a 96% reduction in credit risk processing time after developing an in-house AI engine called RiskGPT, built on Microsoft...…

Wise Granted Type 1 Funds Transfer Licence in Japan, Expanding Global Reach

Wise has secured a Type 1 Funds Transfer Service Provider licence from Japan's Financial Services Agency, a significant regulatory milestone that removes...…

QNB Sets Global Benchmarks in Digital Banking and Innovation

Digital Banking

QNB Sets Global Benchmarks in Digital Banking and Innovation

QNB Group has announced significant milestones in its digital transformation programme, highlighting major enhancements to digital onboarding, mobile...…

Tarabut and BENEFIT Reshape Bahrain's Financial Landscape with Open Banking Integration

Tarabut and BENEFIT Reshape Bahrain's Financial Landscape with Open Banking Integration

Tarabut, MENA's first and largest Open Banking platform, announced its…

Stripe employees get to sell $1bn of shares

Stripe employees get to sell $1bn of shares

It’s good news for the Stripe employees who, the WSJ reports,…

Unicredit reportedly in talks to buy Vodeno

Unicredit reportedly in talks to buy Vodeno

UniCredit is considering an acquisition of Vodeno, aiming to enhance its banking…

Nium Expands Middle East Footprint with Enjaz Partnership for Real-Time Payments

Payments & Fintech

Nium Expands Middle East Footprint with Enjaz Partnership for Real-Time Payments

Nium, the global real-time cross-border payments platform, has expanded its Middle East footprint through a partnership with Saudi Arabia-based money...…

QNB Introduces Cutting-Edge Digital Onboarding Service for New Customers

Digital Banking

QNB Introduces Cutting-Edge Digital Onboarding Service for New Customers

QNB has launched a new digital account opening service through its mobile banking app, enabling prospective customers to open accounts remotely without...…

Mashreq Expands Digital Offerings with NEO Credit Launch

Digital Banking

Mashreq Expands Digital Offerings with NEO Credit Launch

Mashreq has expanded its digital product suite with the launch of NEO Credit, a fully digital lending service that provides customers with instant access to...…

Mastercard Launches Decision Intelligence Pro, a New Generative AI Model for Fraud Detection

Mastercard Launches Decision Intelligence Pro, a New Generative AI Model for Fraud Detection

Mastercard has launched Decision Intelligence Pro, a proprietary generative AI model designed to dramatically improve fraud detection by scanning one...…