Banking & Finance

Fintech Galaxy closes US$2 million seed funding for first MENA Open Finance platform

Fintech Galaxy, a UAE-based open innovation platform, has raised US$2 million in seed funding to further bolster the development and rollout of its Open Finance platform, as it looks to expand its reach and boost financial inclusion across key Middle East and North Africa (MENA) markets. The seed round was led by Jordan’s Ahli Fintech […]


Gulf Bank embarks on multi-year multi-experience transformation journey with Avaya

Gulf Bank, one of the largest and leading banks in Kuwait, has embarked on a multi-year customer experience transformation journey with Avaya as it seeks to embrace a multi-experience approach that strengthens its market differentiation through better customer and employee experiences. Built on Avaya OneCloud CCaaS, the suite of solutions being adopted by Gulf Bank […]


Mashreq Bank partners with Avaya and Koopid to bring AI to customer experience

Mashreq Bank’s innovation brings Artificial Intelligence to the heart of its self-service capabilities with the region’s first digital engagement banking bot. Mashreq, one of the leading financial institutions in the UAE, has partnered with Avaya and Koopid to create a new banking experience that represents a giant leap forward for customer experience, including self-service capabilities, […]


STC and ConsenSys announce Blockchain launch to accelerate its adoption

Saudi Telecom Company (STC) and ConsenSys, a leader in Blockchain technology, have announced the launch of Blockchain on STC Cloud, a move set to accelerate Blockchain adoption in the Kingdom. It will provide enterprises and governments with a path to enable mass adoption of the technology through dramatically lowering the costs of prototyping and experimentation […]