Category archives for: Banks

UAE Ministry of Finance partners with Finovate Middle East

….to drive innovation in Financial Technology Preview event calls for innovation, growth and investment in fintech in line with UAE Vision 2021 The UAE Ministry of Finance has joined forces with a global fintech conference series to drive innovation, growth and investment in financial, banking and payments technology in the Middle East.   The strategic […]

New Emiratisation program launched to support nationalisation strategies in banking industry

UAE Financial Markets Association introduces new initiative in line with Vision 2021 ….to boost Emirati national employment in financial sector Caption: Mohammed Al Hashemi, Chairman of the UAE Financial Markets Association, launching the new Emiratisation Optimal Performance scheme   The UAE Financial Markets Association has announced a new Emiratisation Optimal Performance Scheme to encourage and […]

Lack of transparency must be addressed to progress Middle East Financial Markets

ICA Conference in Dubai to discuss importance of GCC sovereign wealth funds photo caption: Colin Ellis: “Greater transparency would bolster investor confidence” Two leading financial analysts have highlighted the vital need for greater transparency in the current Middle East economic climate, particularly in light of the growing importance of GCC Sovereign Wealth Funds. Colin Ellis, […]

Huawei und Infosys starten New Financial Cloud Solution zur Befähigung von Bank 3.0

Huawei gab heute im Rahmen seiner Zusammenarbeit mit verschiedenen Industriezweigen eine Innovation für den Finanzsektor bekannt: die New Financial Cloud Solution für Mission Critical, die gemeinsam von Huawei und Infosys Finacle entwickelt wurde, um einige der IT-Herausforderungen im Finanz- und Banksektor zu überwinden. Diese Innovation basiert auf der Huawei FusionCloud Plattform und dem ersten 32-Socket […]

The role of cooperative banks and smaller institutions for the financing of SMEs and small midcaps in Europe

The EIB Group Risk Enhancement Mandate (EREM) is a mandate from EIB to EIF which aims at enhancing EIF’s risk capacity with a view to increasing access to finance for SMEs and small mid-caps in Europe through financial intermediaries. The working paper provides a market analysis of small financial intermediaries, such as smaller banks with […]

Star-Investor Peter Thiel erhöht Beteiligung an Deposit Solutions

– PayPal-Mitgründer und Erstinvestor bei Facebook, Peter Thiel,  sowie der börsennotierte FinTech-Investor FinLab erhöhen ihre      Anteile am Unternehmen – Mit dem US-Investor Greycroft Partners, dem globalen Wachstumsfonds von und Valar Ventures kommen in der      aktuellen Finanzierungsrunde drei neue Partner an Bord – Die Finanzierung steigert den Unternehmenswert auf insgesamt 110  Millionen Euro Internationale Venture-Fonds […]

Survey shows that many financial institutions cannot keep up with costs and service

Checking account holders praise online banks Online banks in Germany are clearly providing something very close to the service their customers desire: 80 percent of people with online checking accounts are satisfied with their banks. By comparison, only 44 to 58 percent of those with checking accounts at brick-and-mortar institutions give similar unreservedly positive assessments. […]

UnionPay International arbeitet mit den vier Top-Banken in Thailand

….am Aufbau des lokalen Vermittlungssystems für Bankkarten Am 24. Februar gab UnionPay International gemeinsam mit den vier kommerziellen Top-Banken in Thailand bekannt, dass das TPN (Thai Payment Network), das lokale Vermittlungsnetz in Thailand basierend auf den technischen UnionPay-Standards, offiziell in Betrieb genommen wurde. Zuvor wurde bereits der UnionPay IC-Kartenstandard zum Branchenstandard der thailändischen Banken. Durch […]

Smart Payment Association (SPA) releases total market estimate 2014 figures

• The symbolic 2bn bar has been exceeded: the 1bn bar was reached just 3 years ago! • Close to half of cards featured contactless payment capability In advance of Cartes America and Cards & Payments Middle East events, Smart Payment Association (SPA), the trade body of the smart payments industry, today releases the latest […] – Luxembourg and Qatar Agree to Cooperate in Islamic Finance and FinTech

Luxembourg and Qatar Agree to Cooperate in Islamic Finance and FinTech via – Luxembourg and Qatar Agree to Cooperate in Islamic Finance and FinTech.

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