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AI & Cloud

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.

Temenos Launches the First Responsible Generative AI Solutions for Core Banking

Temenos Launches the First Responsible Generative AI Solutions for Core Banking

Temenos has launched what it describes as the first responsible generative AI solutions designed specifically for core banking, integrating transparent and...

FAB and Microsoft Announce Landmark Strategic Partnership to Develop AI-Based Banking Capabilities

FAB and Microsoft Announce Landmark Strategic Partnership to Develop AI-Based Banking Capabilities

First Abu Dhabi Bank has signed a strategic partnership with Microsoft to establish an AI Innovation Hub, a joint initiative aimed at developing artificial...

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...

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, the Middle East's largest open banking platform, has signed a landmark partnership with BENEFIT, Bahrain's national electronic network and fintech...

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...

Emirates NBD Partners with Silent Eight to Automate Alert Disposition Using AI

Emirates NBD Partners with Silent Eight to Automate Alert Disposition Using AI

Emirates NBD has partnered with Singapore-based AI firm Silent Eight to deploy automated alert disposition technology across its financial crime compliance...

Mashreq Partners with UAE Fintech Fils to Launch Carbon Offsetting for Corporate Clients

Mashreq Partners with UAE Fintech Fils to Launch Carbon Offsetting for Corporate Clients

Mashreq Bank has partnered with UAE-based sustainability fintech Fils to integrate carbon offsetting capabilities into its corporate banking services,...

ADIB Digital Factory Implements GitHub Copilot for Business to Boost Productivity

ADIB Digital Factory Implements GitHub Copilot for Business to Boost Productivity

Abu Dhabi Islamic Bank's Digital Factory has integrated GitHub Copilot for Business, deploying the AI-powered coding assistant across its development teams...