Al Rajhi Bank Partners with Mozn to Harness AI in Fraud Prevention
Al Rajhi Bank has signed a strategic agreement to deploy Mozn's FOCAL platform, strengthening its financial crime compliance framework with AI-driven...
Regulatory
QNB Group Receives Central Bank of Egypt Licence to Launch Digital Bank 'ezbank'
QNB Group has received a licence from the Central Bank of Egypt to launch ezbank, a new digital bank that will use mobile-first platforms and AI-driven...
SAMA Approves EZ Bank as Saudi Arabia's 39th Licensed Bank with SAR 2.5 Billion Capital
The Saudi Central Bank has approved EZ Bank as the Kingdom's 39th licensed bank, a digital-first institution capitalised at SAR 2.5 billion designed to...
Revolut Secures In-Principle Approval for UAE Payments Licence, Accelerating Gulf Expansion
Revolut has received in-principle approval from the Central Bank of the UAE for Stored Value Facilities and Retail Payment Services licences, clearing a...
AI Risk and Accountability: Who Is Responsible When AI Acts?
When AI makes a decision that causes harm, who is accountable? A practical framework for risk ownership, liability, and governance in AI-driven banking.
Oman Issues Comprehensive Regulatory Framework for Digital Banks, Effective June 2025
The Central Bank of Oman has introduced a comprehensive regulatory framework governing the licensing and operation of digital banks in the Sultanate,...
FAB, IHC and ADQ Announce Plans to Launch UAE Dirham-Backed Stablecoin
First Abu Dhabi Bank, International Holding Company, and ADQ have announced plans to launch a stablecoin backed by the UAE Dirham, fully regulated by the...
Bank Dhofar Completes Acquisition of Bank of Baroda's Oman Operations
BankDhofar has completed the acquisition of Bank of Baroda's Oman operations, with the transfer of all assets and liabilities effective from 1 April 2025.
ADCB Launches Meedaf to Transform Financial Services Operations Across the GCC
Abu Dhabi Commercial Bank has unveiled Meedaf, an ADGM-licensed financial services venture designed to help banks across the GCC modernise their cash...
CBB Releases Updated Fit and Proper Requirements Module for Financial Institutions
The Central Bank of Bahrain has published a revised Fit and Proper Requirements Module, setting stricter standards for the appointment and ongoing...
AI Governance at Scale: From Policy to Control Systems
How banks are scaling AI governance from isolated policies to enterprise-wide control systems - and why most frameworks designed on paper need radical adaptation.
D360 Bank Partners with Mozn to Accelerate Digital Banking Security
D360 Bank has integrated Mozn's AI-driven anti-money laundering compliance solution, FOCAL, to strengthen its financial crime prevention framework as it...