digital economy
Emirates NBD has announced that its new customers can now verify their identity documents when opening a bank account via its Mobile Banking App. The bank’s TruID solution uses NFC technology to read information from embedded chips in the documents and seamlessly extract data to autofill a digital account application. The customer is then prompted […]
The Abu Dhabi Investment Office (ADIO) is partnering with Microsoft under the “Microsoft for Startups” Programme to launch several initiatives that support the regional technology startup ecosystem. The initiative will provide founders and entrepreneurs with tools and resources to successfully scale their businesses and realise ideas that drive positive impact. ADIO has partnered with Microsoft […]
MoneyMatrix has revealed the release of its new Identity Monitoring Application. The new microservice helps iGaming operators to significantly improve their Risk Management processes. MoneyMatrix was built under the vision of making payments simple, and is an EU licensed Financial Institution and PCI DSS Level 1 Certified Payment Service Provider facilitating payment processing in over 100+ […]
IRIS Software Group (IRIS), one of the UK’s largest software companies, has acquired Staffology, a UK cloud payroll application. Founded in 2018, Staffology is cloud payroll software built on an open Application Programming Interface (API), enabling integration with other products. Using cloud applications to simplify mission critical business tasks is now vital to driving growth, […]
Noor Takaful has partnered with Algofy.ai Limited, to launch a unique, fully-digital savings plan. The Bliss Savings plan will offer customers a fully digital experience. From Application Submission to Service, everything can be accessed through a smart phone without the need for paperwork filing, branch visits, or physical agent interactions, realizing the zero-touch economy. Through this […]
The Bahrain headquartered Islamic multinational banking group, Al Baraka Banking Group announced the launch of the Al Baraka e-Academy. Employees worldwide will now be able to seamlessly take part in a rich and varied range of digital trainings including those focused on Sharia’, Marketing, Retail, Corporate and SME banking, Operations, Finance, Credit, Risk, Internal Audit, Corporate Governance, […]
Big Y has selected the retail cloud-based point-of-sale (POS) platform from NCR Corporation. Big Y will use NCR ‘s solution to integrate its grocery and convenience stores with a unified platform and promotion tool. NCR Emerald is a key component of NCR’s Next-Generation Retail Store Architecture, providing retailers the ability to simplify store operations and introduce […]
Mastercard Center for Inclusive Growth has partnered with Juntos Global and Nedbank to provide 9,000 micro-enterprises with free business and financial literacy training to help them adopt digital financial services and grow their businesses. The training programme will be delivered to informal micro-enterprises across the country, using Juntos Global’s automated conversational platform. The tailored training […]
Kuwait Finance House (KFH) has launched its digital service, “opening bank account online” for new customers, citizens and residents within minutes without having to visit the branch. The new service allows new KFH customers who do not have any bank accounts at the bank, to open a bank account online through the KFHonline Application on […]
Mozper has announced the closing of a $3.55M Seed round, led by Hetz Ventures with participation from F-Prime Capital, Foundation Capital, Secocha Ventures and previous investors Dux Capital and John Farrell. This latest round brings the company’s total funding to $5.1M and comes just months after the announcement of a Pre-Seed round of USD $1.6M led by DUX Capital and angel investor John Farrell, and amongst others, including YCombinator, […]