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How are FinTech innovation and AI disrupting traditional banking models in the ME?

With most of the banks in the region using outdated technology and struggling to meet the increasing demand for online banking during the pandemic, fintech innovation is key to ensuring the Middle East stays ahead in this digital age. Innovations in the sector, including cloud-based platforms, AI and facial recognition, are disrupting traditional banking models, with innovative fintech startups in the ME and North Africa region (MENA) expected to reach 1,845 by 2022.

Thursday, May 28, 2020 - 20:52
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/blog/fintech-and-ai-middle-east/how-are-fintech-innovation-and-ai-disrupting-traditional-banking
Financial IT
IronFX to open R&D Centre in Mumbai

IronFX has chosen Mumbai to accommodate its ongoing R&D efforts, aiming to create transformative technologies for forex traders around the world, including unique withdrawal solutions, mobile trading platforms, and advanced customisation features. They will be joining a long list of international companies utilising the ecosystem in Mumbai to drive innovation and growth.

Thursday, May 28, 2020 - 20:34
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/news/fx-contracts/ironfx-open-rd-centre-mumbai
Financial IT
Element AI to collaborate with Veritas Consortium to support development of framework for responsible use of AI in the financial industry

Element AI, a global developer of artificial intelligence-powered (AI) solutions and software, today announced a new collaborative relationship with the Veritas Consortium led by Monetary Authority o

Thursday, May 28, 2020 - 19:59
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/news/artificial-intelligence/element-ai-collaborate-veritas-consortium-support-development-framework
Financial IT
Xignite sees record demand for financial data during pandemic

Xignite, Inc., a provider of market data distribution and management solutions for financial services and technology companies, announced today that it has seen a dramatic increase in API requests over the past few months. In April alone, Xignite saw over 365 billion API hits, or more than 12 billion a day, setting a record for the firm and underscoring the need for a scalable and battle-tested platform to satisfy the needs of clients during an unprecedented time.

Thursday, May 28, 2020 - 18:16
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/news/apis/xignite-sees-record-demand-financial-data-during-pandemic
Financial IT
Zwipe & Galileo Sponsor Group Futurista's 2nd Futurecast Webinar

Group Futurista is a global tech based event company. They have organized numerous technology summits across Europe in the past two years. To keep up with the current pandemic situation, Group Futurista launched the 'FutureCast Series of Webinars' last month.

Thursday, May 28, 2020 - 18:11
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/news/covid-19/zwipe-galileo-sponsor-group-futuristas-2nd-futurecast-webinar
Financial IT
Samsung integrates blockchain wallet with Gemini exchange

Samsung is integrating its blockchain wallet with the Winklevoss twins' Gemini app for buying and selling cryptocurrencies.

The Samsung Blockchain Wallet lets people self custody crypto directly on newer models of the electronic giant's mobile phones.

Gemini is the first US crypto exchange to integrate with the wallet, allowing users in America and Canada to connect to its app to buy, sell, and trade crypto.

Thursday, May 28, 2020 - 15:45
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/news/cryptocurrencies/samsung-integrates-blockchain-wallet-gemini-exchange
Financial IT
Wojciech Stramski has been appointed the new CEO of Beyond.pl

Upon consultation with its CEO Aman Khan, Beyond.pl’s Supervisory Board has resolved to terminate Mr. Khan’s contract in view of unforeseen circumstances precipitated by COVID-19. The pandemic outbreak has made it impossible for Mr. Khan to be in Poland and personally oversee Beyond.pl’s strategic project of developing and expanding its Data Center Campus. By Supervisory Board decision, Wojciech Stramski will be appointed the new CEO of Beyond.pl. Mr. Stramski has been with the Company for five years serving on its Supervisory Board.

Thursday, May 28, 2020 - 15:11
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/news/people-moves/wojciech-stramski-has-been-appointed-new-ceo-beyondpl
Financial IT
Venture Summit Virtual Connect | Global - Where Innovation Meets Capital

Meet, interact and network online with more than 1,300 VCs, Corporate VCs, angel investors, industry execs and founders of venture backed, emerging and early stage companies at the prestigious Venture Summit Virtual Connect | Global being held virtually on August 4th – 6th 2020.

Whether you’re a startup seeking capital and exposure, or an investor seeking new deals, Venture Summit Virtual Connect | Global presented by youngStartup Ventures - is the event of the year you won't want to miss.

Thursday, May 28, 2020 - 14:07
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/news/fintech-startups/venture-summit-virtual-connect-global-where-innovation-meets-capital
Financial IT
Finantix CIO Cockpit digitises and accelerates key Investment Office processes
Finantix, the leading global provider of trusted technology to the wealth management, insurance and banking industries, today launched the latest addition to its product portfolio, CIO Cockpit, which allows Chief Investment Officers to distribute market updates and investment ideas to clients faster, leveraging digital communication and collaboration channels.
Thursday, May 28, 2020 - 13:29
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/news/wealth-management/finantix-cio-cockpit-digitises-and-accelerates-key-investment-office
Financial IT
Acronis enters official AI partnership with A.S. Roma

Acronis, a global leader in cyber protection, today announced the official Artificial Intelligence partnership with Associazione Sportiva Roma, an Italian professional football club. Under the agreement, Acronis will be providing AI and Machine Learning (ML) solutions to process football data to optimise game and business operations, and cyber protection solutions for mission-critical workloads.

Thursday, May 28, 2020 - 13:24
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/news/artificial-intelligence/acronis-enters-official-ai-partnership-roma
Financial IT

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