Sector Verticals

Five things banks should know about their evolving customer preferences to stay competitive in 2024

Recently, FinTech in the Middle East and North Africa has experienced notable changes due to advancements in technology and shifts in consumer habits. Making it more important than ever for banks in the region to grasp and meet the evolving preferences of...

Paradigm announces third fund of US$850 million focused on crypto projects 

Matt Huang, Co-founder and Managing Partner at Paradigm.  Paradigm has raised our third fund: an US$850M venture fund focused on crypto projects at the earliest stages.  When we founded Paradigm in 2018, we believed that crypto would be one of the...

2024 Schwab Modern Wealth Survey shows increasing financial confidence from generation to generation and younger Americans investing at an earlier age 

More than 60% of Americans feel they are in a better position to achieve their financial goals than the generations that came before them, according to Schwab’s eighth annual Modern Wealth Survey, an examination of how Americans think about saving,...

NatWest launches the latest GenAI upgrade to the bank’s digital assistant  

NatWest is announcing the launch of Cora+, an upgrade to its digital assistant, Cora, developed in collaboration with IBM. NatWest will be one the first banks in the UK to deploy Generative AI through a digital assistant.  Cora supports customers in...

Spotting ‘finfluencer’ red flags: Tips for identifying credible financial advice online 

The rise of the ‘finfluencer,’ a term combining the social media influencer and finance advisor, brings both an array of misinformation and too-good-to-be-true hacks whilst potentially making alternative and lesser-known information and methods...

Why the need for insurance firms to innovate cannot be overstated 

For firms operating in the insurance industry, transactional volumes and associated data is growing year-on-year. But managing this growth with spreadsheets presents an operational inefficiency as the industry continues to expand. This is worrying, with...

How Bitcoin mining is reusing heat energy to support communities 

The evolution of Bitcoin miners has given rise to opportunities for both individual miners and institutional investors and regulatory clarity could help legitimise this sector and attract investment. Nangeng Zhang at Canaan explains ongoing efforts to...

Putting easy access to insurance at everyone’s fingertips: Dootrix announces strategic partnership with Confused.com  

Microsoft Azure specialist Dootrix, has announced a strategic partnership with Confused.com to streamline its mobile insurance app and provide a roadmap of new features to enhance the user experience.  Leveraging Dootrix’s digital and data...

Digital lending offers GCC banks effective inroads into the vital SME segment

Sara Hoteit, Regional Manager for the Middle East at Backbase, discusses how digital lending provides GCC banks with effective access to the crucial SME segment. The contribution of SMEs to non-petrochemical GDP in GCC nations varies. In the United Arab...

Raiffeisen Bank International achieves secure delivery of standardised banking applications to its 12 network banks 

Alongside growing regulatory requirements and a fragmented IT landscape across Central and Eastern Europe, an Austrian bank provider, Raiffeisen Bank International, needed an agile, comprehensive solution that prioritised security and usability for its user...

MoonPay now lets users buy and sell crypto funded by PayPal 

MoonPay, a Web3 infrastructure company, announced a collaboration with PayPal that allows MoonPay users in the US to seamlessly buy cryptocurrency using their PayPal account.  The integration streamlines transactions for new MoonPay users who already...

Revolut launches a stand-alone crypto trading platform for experienced traders 

Revolut, the global FinTech with more than 40 million customers worldwide, has announced Revolut X — a stand-alone crypto exchange designed for professional crypto traders. Aimed at competing with other leading exchanges by offering easy on and off...