UAE AI Office, Mastercard, and FAB Launch Joint AI Challenge
The UAE Artificial Intelligence Office, Mastercard, and First Abu Dhabi Bank have launched a joint AI challenge aimed at discovering innovative artificial...…
AI Regulation in Financial Services: Emerging Frameworks and Implications
AI regulation in financial services is taking shape across multiple jurisdictions. A practical guide to emerging frameworks and their implications for banking strategy.…
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
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 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
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
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 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
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
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.…