Tag: UAE
What it means for the UAE nearing the end of FATF...
In a significant development reported in October 2023, the United Arab Emirates (UAE) is on the cusp of being removed from the Financial Action Task Force's (FATF) "grey list."
UAE’s central bank unveils tech and legal partners for CBDC project
The Central Bank of the UAE has selected three new partners to assist in the implementation of its central bank digital currency (CBDC) strategy.
Cybersecurity developer Noventiq acquires Seven Seas Technology
Noventiq, a digital transformation and cybersecurity solution developer, has acquired UAE-based Seven Seas Technology.
Two fifths of UAE consumers experience online fraud attempts
Two fifths of consumers in the UAE have experienced an online fraud attempt, of which, half would contact law enforcements if it is successful.
Refinitiv and Complyfin partner to boost compliance awareness in UAE
Financial market data platform Refinitiv is teaming up with Complyfin to promote compliance awareness and effectiveness in the UAE.
Dubai launches the region’s first blockchain know your customer data-sharing consortium
The Middle East Africa and South Asia region is getting its first know your customer (KYC) data-sharing consortium in Dubai
Fenergo boosts MENA expansion after receiving a full license from DIFC
Digital client lifecycle management company Fenergo has boosted its precense in the Middle East and Africa (MENA) region having received a full license from the Dubai International Financial Centre (DIFC).
UAE Banks Federation to combat cheque fraud
UAE Banks Federation (UBF) has proposed improvements to cheque verification processes to help lower fraud and help the country move towards being a cashless society.
FundedByMe becomes first regulated crowdfunding platform in UAE
FundedByMe has received approval to become the first regulated crowdfunding platform in the United Arab Emirates.
ADGM publishes scope and benefits of e-KYC project
Abu Dhabi Global Market (ADGM) has published a summary of the scope and benefits around electronic KYC, after a successful first phase of its e-KYC project.
