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March 30, 2020

The coronavirus pandemic is resulting in a sharp increase in people using fintech apps. (Photo by Jaap Arriens/NurPhoto via Getty Images)

The coronavirus has driven a massive 72% rise in the use of fintech apps in Europe, according to new research published today by deVere Group. At a time when most sectors of the global economy are beginning to feel the effects of what may alread...

March 30, 2020

Standard Chartered has put out a call to tender to fintech startups for a machine learning prototype capable of reducing the handling time for both inbound and outbound traffic through its call centres

The call for applicants is being handled through SC Ventures Fintech Bridge, established to provide startups with a direct line to business units seeking innovative solutions.

T...

March 26, 2020

The annual general meeting included the appointments of board members for the next three-year term 2020-2023

MANAMA: Batelco shareholders have approved a full year cash dividend of BD45.7 million at a value of 27.5 fils per share, of which 10 fils per share was already paid during the third quarter of 2019 with the remaining 17.5 fils announced during the meeting to be paid in the...

March 21, 2020

stc Bahrain, a Fintech solutions provider and telecommunications firm, has revealed that it’s introducing new working procedures, in order to ensure safety of its workers during the coronavirus (COVID-19) outbreak.

The Bahrain-based Fintech said it aims to continue to offer innovative financial services to support the Middle Eastern Kingdom’s residents during the coronavirus pande...

March 19, 2020

TAIGER is the first recipient outside of the United States and the first in Singapore to secure a venture investment from the UChicago Startup Investment Program. The company’s AI solutions use human-like logic to automatically read, understand and extract information, overcoming the limitations of traditional Machine Learning, including data availability, bias and quality,...

March 16, 2020

Two major Fintech companies, Aion Digital and Qarar, are teaming up in order to accelerate the growth and development of online lending platforms across the Middle East region.

According to a press release, the collaboration between the two Fintechs aims to “revolutionize the credit market” across the Gulf Cooperation Council (GCC) countries and the larger Middle East ar...

March 12, 2020

Today, Standard Chartered launched its “Banking as a Service” solution, nexus. Through nexus, digital platforms and ecosystems like e-commerce, social media or ride hailing companies, will be able to offer loans, credit cards and savings accounts co-created with the bank to their customers under their own brand name.

This follows a trend of banks turning to banking-as-a-service as...

March 12, 2020

This article features an interview with Yasmeen Al Sharaf, Head of Fintech & Innovation at Central Bank of Bahrain, one of our Top 100 Women in Fintech 2019.

This interview is part of a series of interviews featuring female Fintech leaders globally. LATTICE80, in partnership with Miss Kaya, recently published our Top 100 Women in Fintech 2019 list.The effort reflects our efforts i...

March 11, 2020

MSA partnered with Al Salam Bank-Bahrain to launch MEC Ventures, a $50 million (Dh183.6m) venture capital fund designed to introduce new technologies and business models from Asia to the Middle East.

FlexxPay, a fintech company focusing on employee benefit solutions, has received an undisclosed pre-Series A from MEC Ventures, a newly established vehicle created jointly by MSA, a C...

March 9, 2020

Paying bills, hailing cab rides and even buying groceries — all this can be done with just a tap on a screen. The world of finance has been revolutionized by the advent of digital, and it remains at the bleeding edge when it comes to the deployment of advanced tech.

Customers across the world are quickly taking to new mobile-based payment technologies; contactless and e-wallets ta...

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