FAB Deploys Oracle Fusion Cloud HCM for AI-Ready Workforce
Oracle announced that FAB, is implementing Oracle Fusion Cloud Human Capital Management (HCM) to consolidate the bank’s human resources (HR) function on the cloud as...
Category : Banking
Intellect Globally Launches eMACH.ai Cloud for Wholesale Banking
Intellect Global Transaction Banking (iGTB), the transaction banking division of Intellect Design Arena Ltd, announces the global launch of eMACH.ai Cloud for Wholesale Banking. This...
Backbase Expands its Engagement Banking Platform
The expansion of the Engagement Banking Platform includes a powerful set of natively embedded data/AI capabilities Backbase is excited to announce a major expansion of...
RAKBANK Completes First CBDC Transfer via mBridge
RAKBANK has become one of the first banks in the UAE to execute a cross-border Central Bank Digital Currency CBDC payment using mBridge The National...
Ziina Gets Stored Value Facility License the UAE Central Bank
Ziina becomes first home-grown venture-backed start-up to secure UAE Central Bank Stored Value Facility license Ziina, UAE’s financial platform supporting consumers and entrepreneurs, announces that...
Arab Bank Group Posts 25% Profit of $503 Million in H1-2024
Arab Bank Group reported solid results for the first half of 2024, with 25% increase in net income after tax reaching $503 million as compared...
Visa Unveils Emerging SME Megatrends in UAE
A new study from Visa, the SME Megatrends report, delves into the ever-evolving landscape of Small and Medium Enterprises (SMEs) in the United Arab Emirates...
Visa Installment Solution Now Live for ADIB Cardholders
ADIB is the first fully shariah compliant banking group in the world to enable Visa Installment Solution for covered cardholders in the UAE; Mashreq subsidiary...
Endava Launches its Retail Banking Report
Endava, has launched its Retail Banking Report exploring financial institutions’ (FIs) strategies for meeting customer demand. As per the report, majority (75%) of the banks...
Ajman Bank Appoints Group Chief Financial Officer
Ajman Bank, has announced the appointment of Mr. Ediz Ozsoy as the new Group Chief Financial Officer (CFO). This strategic move is aimed at further...