Consumers are increasingly looking for quick and easy solutions for their financial needs, and with a burgeoning start-up industry in the Middle East, soon they will have numerous solutions to choose from.
Participants, including Arab bankers, discussed the impact of these technologies on financial stability and possible systemic risks
Largest Islamic bank in Palestine chooses cloud-native, cloud agnostic next-generation Temenos Infinity and Temenos T24 Transact to transform the customer experience and achieve operational excellence
The Bank decided a few years ago that in this digital age, to maintain its position as the leading financial institution in the country, it needed to embrace digital transformation.
Bahrain provides a plethora of opportunities to Indian fintech firms for open banking, blockchain, crypto assets, robo advisory and remittances.
But there’s a problem, the firm notes: “Our data suggests that despite acknowledging clients’ rising level of concern with regards to cybersecurity, so far the industry has underestimated — if not dismissed — these risks.&