SNB Launches "NEO" Digital Banking with an Innovative Lifestyle Approach
Saudi National Bank has launched NEO, a lifestyle-oriented digital banking platform designed to serve the Kingdom's young, digitally connected population...…
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Shawbrook Selects Thought Machine's Vault Core to Scale Commercial SME Lending
UK specialist bank Shawbrook has selected Thought Machine's Vault Core as its core banking platform to scale its commercial SME lending operations.…
Standard Chartered Launches Digital Asset Custody Service in the UAE
Standard Chartered has launched a digital asset custody service in the UAE after receiving a licence from the Dubai Financial Services Authority, offering...…
SAMA and Samsung to Launch Samsung Pay in Saudi Arabia
The Saudi Central Bank (SAMA) has announced an agreement to enable the launch of Samsung Pay in Saudi Arabia during the fourth quarter of 2024, expanding...…
Tamara Secures SAMA Preliminary Approval for Consumer Finance Licence, Expanding BNPL Scope
Saudi fintech Tamara has received preliminary approval from the Saudi Central Bank (SAMA) for a consumer finance licence, a regulatory milestone that...…
Emirates NBD Launches Zero-Fee UAE Equity Trading on ENBD X
Emirates NBD has introduced commission-free trading for UAE-listed equities through its ENBD X mobile app, aiming to broaden retail investor participation...…
Wio Bank Builds Comprehensive SME Lending Suite and Achieves Profitability
UAE digital bank Wio Bank has launched an SME credit card and short-term cash lending products, building out a comprehensive lending suite for small and...…
Kuwait's Boubyan Bank Taps Temenos to Modernise Core Banking Systems
Boubyan Bank, Kuwait's second-largest Islamic bank, has selected Temenos to modernise its retail, corporate, and private banking platforms, replacing legacy...…
NBK Launches WAMD Instant Payment Service via Mobile App
National Bank of Kuwait has launched the WAMD instant payment service through its mobile banking app, enabling customers to send and receive money instantly...…
Riyad Bank Introduces First AI Center in Saudi Banking Industry
Riyad Bank has launched the Centre of Intelligence, marking the first dedicated artificial intelligence centre established within the Saudi banking sector.…
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...…
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,...…