Browsing:Fintech

Ministers Call on EU Merchants to Adopt Digital Euro Payment Options
3 months ago 2 mins read

EU Ministers Urge Merchants to Embrace Digital Euro Payments

Merchants in the euro area may soon be required to accept the digital euro as legal tender, according to a recent development in the world of finance. The move is said to be in response to the increasing demand for a cashless payment system, which has been fueled by the COVID-19 pandemic. The proposal, which was presented to finance ministers in a paper seen by CoinDesk, suggests that giving the central bank digital currency (CBDC) the same status as banknotes and coins would mean payments legally discharge obligations to pay. The paper goes on to state that with mandatory acceptance

The 11th edition of GISEC Global, taking place from 14-16 March 2023 at the Dubai World Trade Centre (DWTC), is set to host a record 500-plus cybersecurity brands, 300 leading InfoSec and cybersecurity speakers
3 months ago 7 mins read

GISEC Global 2023 draws prominent international cybersecurity leaders to address US$2 trillion market

Middle East’s largest and most impactful cybersecurity event to feature a record 500-plus exhibiting brands from 53 countries New Hack-O-Sphere to gather 1,000-plus ethical hackers in thrilling cyber competition series including US$1 million CyTaka World Cyber Championship Dubai, UAE, 10 March 2023: The 11th edition of GISEC Global, taking place from 14-16 March 2023 at the Dubai World Trade Centre (DWTC), is set to host a record 500-plus cybersecurity brands, 300 leading InfoSec and cybersecurity speakers, and 1,000 of the world’s top ethical hackers to address opportunities in a global cybersecurity market valued at $2 trillion by McKinsey & Company. Organised by DWTC

GISEC CISO Circle on March 15
3 months ago 5 mins read

UAE Cybersecurity Council paper urges global CISOs to ‘take the fight to cyber attackers’

Position paper ahead of GISEC Global encourages proactive action, adopting a GISEC-first strategy where ‘attack is the best form of defence’ to fight cybercrime GISEC CISO Circle on 15th March to create a ‘community of action’ for the cybersecurity industry by building a united cyber front against digital adversaries Dubai, UAE, 9 March 2023: The UAE Cybersecurity Council and GISEC Global 2023, the Middle East’s largest and most impactful cybersecurity event, today released a special position paper for global CISOs and cybersecurity professionals titled “A GISEC-first Strategy: Attack is the best form of Defence”. Co-authored by H.E. Dr. Mohamed Hamad

Verve Management presents the 3rd Annual Conversational AI Summit
3 months ago 3 mins read

Leveraging The Power of Conversational AI for Improved Customer Experience

09-02-2023 Conversational AI is the use of technologies that allows for the synthetic generation of brainpower enabling machines to be capable of understanding, processing and even responding to human language. Conversational AI encompasses a multitude of technologies that work cohesively to encourage efficient, automated communication via text, speech, or other mediums in order to decipher consumer intent, decipher language context, and respond using humane mannerisms. It has been successfully used in marketing, retail, and even banking in order to enhance the customer experience.  With this momentum, Verve Management is proud to present the 3rd Annual Conversational AI Summit on the

Paymob will focus on serving the country’s growing number of SMEs and microbusinesses
7 months ago 3 mins read

Paymob Embarks on Next Phase of Expansion by Announcing the U.A.E. as its Regional Hub

Dubai, United Arab Emirates – 02 November 2022 – Paymob, the leading omnichannel payments facilitator in the MENAP region, today embarked on the next phase of its expansion plans by announcing the U.A.E. as its regional hub. This step marks an important milestone in Paymob’s global growth plans, fueled by recent Series B funding led by PayPal Ventures. Paymob plans to make a sizeable investment in the U.A.E. market over the next three years.  The expansion into the U.A.E. market will serve to empower small and medium enterprises (SMEs) and microbusinesses across the seven Emirates, with best-in-class digital payments solutions

Expanding business expense card services to SMEs in the UAE and Bahrain
8 months ago 4 mins read

XPENCE – THE FINANCIAL MANAGEMENT PLATFORM EMPOWERING MENAP SMES-  LAUNCHES ITS EXPENSE MANAGEMENT SOLUTION IN THE UAE

Expanding business expense card services to SMEs in the UAE and Bahrain Rapid regional expansion follows high demand for business banking services from SMEs Abu Dhabi – 12 October 2022: Xpence-the MENAP region’s first financial management platform with embedded business banking solutions for SMEs, announces the launch of its expense management solution in the UAE – the second of five strategic markets it plans to launch in over the next 18 months. Announcing this latest market entry at the GITEX Global technology conference, Xpence is now issuing VISA cards in the UAE and Bahrain. Xpence is launching its services in

His Excellency Omar Sultan Al Olama stated that the UAE and Dubai have long consolidated its status as the international hub to set-up and attract unicorn and leading digital companies from across the globe.
8 months ago 5 mins read

Omar Al Olama: Expand North Star a strategic catalyst for the digital economy reflecting GITEX GLOBAL impact on the tech industry

Expand North Star hosted by Dubai Chamber of Digital Economy to launch in May 2023 Dubai, UAE, 11 October 2022: His Excellency Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, and Chairman of Dubai Chamber of Digital Economy stated that the UAE and Dubai have long consolidated its status as the international hub to set-up and attract unicorn and leading digital companies from across the globe, which reflects the UAE leadership in creating the best ecosystem for entrepreneurs, tech-preneurs, as well as start-ups to flourish and expand their impact on the world

e& enterprise
8 months ago 5 mins read

e& enterprise announces the successful 100% acquisition of Smartworld

Smartworld now rebranded to e& enterprise iot and ai ABU DHABI, UAE. 11 October 2022: e& enterprise, part of e& (formerly known as Etisalat Group), announced it has completed its acquisition of Smartworld, one of the UAE’s leading technology solutions providers and systems integrators. The acquisition marks a major milestone for e& enterprise as it progresses into the enterprise digital space and enables organisations to maximise their digital potential. Smartworld will now operate under e& enterprise and formally rebranded to e& enterprise iot and ai. Smartworld’s solutions portfolio will be embedded in the established Internet of Things (IoT) and Artificial

Co-Founder & COO of The Sandbox, and Mike Butcher
8 months ago 3 mins read

Global tech leaders unpack the true value and impact of the Web 3.0 economy at GITEX GLOBAL 2022

UAE, October 10, 2022: International pioneers of the Web 3.0 economy are in Dubai, bringing a host of never-seen-before experiences and technology innovations to propel the next digital revolution at the world’s largest tech event, GITEX GLOBAL 2022. From Oct 10-14, Dubai World Trade Centre (DWTC) is hosting the global tech ecosystem, with over 1,000 thought-provoking speakers and more than 5,000 companies from 90 countries spanning 26 halls and two million sq. ft of exhibition space. H.E. Omar Bin Sultan Al Olama, UAE Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, delivered the opening keynote speech

CoreStack, a global multi-cloud governance provider in the MENA region
8 months ago 3 mins read

Gitex Global 2022 Show Exhibitor Preview

October 10-14, 2022 | Dubai World Trade Centre | CoreStack Stands: Oracle H4-D50, Pod 1; and  Washington State Department of Commerce SR-7, Sheikh Rashid Hall CoreStack, a global multi-cloud governance provider in the MENA region that empowers enterprises to unleash the power of the cloud, is coming to GITEX GLOBAL 2022, the Middle East’s premier technology gathering. CoreStack will demonstrate its industry-leading solutions in partnership with Oracle and the Washington State Department of Commerce. At the show, CoreStack will showcase its innovative and award-winning NextGen Cloud Governance solutions, including FinOps, SecOps, and CloudOps. With CoreStack’s AI-powered multi-cloud governance solutions, enterprises can address the

Shipsy, a leading global smart logistics
8 months ago 3 mins read

GITEX 2022: Shipsy to Demonstrate How AI & Automation Can Empower Businesses To Build-Cost-Efficient & Sustainable Supply Chains

Shipsy will present technology that is helping businesses align their economic objectives with the region’s sustainability goals. Dubai, October 2022: Shipsy, a leading global smart logistics management technology provider, will showcase how its technology empowers 200+ businesses worldwide to drive cost-efficient and sustainable logistics at GITEX 2022.  With the cross-border eCommerce activities intensifying, fuel prices fluctuating, profit margins getting thinner, and eCommerce returns rising, businesses in the Middle East are posed with challenges that, when addressed using the right technology, can transform into novel opportunities. For instance, advanced routing capabilities and capacity optimization drastically reduce logistics costs and boost delivery

42nd edition of largest tech show to welcome more than 5,000 companies to explore and experiment in a decentralised future of the internet and a sustainable global digital economy
8 months ago 13 mins read

GITEX GLOBAL 2022 gathers world’s leaders to challenge and collaborate in the Web 3.0 economy

42nd edition of the largest tech show to welcome more than 5,000 companies to explore and experiment in a decentralized future of the internet and a sustainable global digital economy GITEX sets to wow with the year’s biggest and most immersive metaverse experience across multiple sectors, from music, fashion, sports, to lifestyle, and business His Excellency Omar Al Olama: “My office has partnered with GITEX to ensure that we’re not just showcasing technology, but inventing and developing technology” UAE, September 29, 2022: Dubai will transform into the ultimate digital epicenter of the world next month, as the UAE hosts the

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