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Saudi licenses new robo advisor

IFN Fintech - 0
The Capital Market Authority of Saudi Arabia has granted DFN Road Company a financial technology experimental permit (ExPermit) to experiment with robo-advisory service. The...
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FWD Affiliate to include online plans

IFN Fintech - 0
As at the end of October 2020, FWD Affiliate, an initiative by Malaysia's FWD Takaful to raise public awareness of Takaful while offering an...
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GFIN to launch cross-border testing of financial products

Vineeta Tan - 0
The Global Financial Innovation Network (GFIN) is inviting firms to participate in testing innovative financial products, services, business models and regulatory technology across five...
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MCB Islamic Bank collaborates with NIFT

IFN Fintech - 0
MCB Islamic Bank has partnered with National Institutional Facilitation Technologies (NIFT) to promote digital payments in Pakistan through the latter’s payment gateway services NIFT...
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Aman Bank launches virtual assistant

IFN Fintech - 0
Aman Bank has launched its virtual assistant and chatbot customer service driven by Oracle Financial Services’s artificial intelligence, a LinkedIn post said. The bank...
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ADIB launches Emirati chatbot

IFN Fintech - 0
Abu Dhabi Islamic Bank (ADIB) has launched ADIB Chat Banking, a chatbot service available in Arabic, English and the Emirati Arabic dialect. The service...
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Bank Indonesia launches chatbot

IFN Fintech - 0
Bank Indonesia (BI) has launched its chabot named LISA which can be contacted through the WhatsApp, Line Messenger and Facebook Messenger applications, according to...
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Ripple opens office in DIFC

IFN Fintech - 0
Ripple, a US-based fintech firm with Islamic solutions, has opened a regional office at the Dubai International Financial Centre (DIFC). “Ripple already has a significant client...
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Subscription for blockchain Sukuk opens

IFN Fintech - 0
The private subscription for Indonesia’s sophomore blockchain Sukuk issued using Blossom Finance’s SmartSukuk platform has been opened, IFN has learned. The Sukuk will first...
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DFSA opens applications for regulatory sandbox

IFN Fintech - 0
The Dubai Financial Services Authority (DFSA) has opened applications for local and international firms wishing to join the winter 2021 cohort of its regulatory...
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Mutual Trust upgrades Islamic banking digital infrastructure

IFN Fintech - 0
Mutual Trust Bank will be upgrading the digital infrastructure of its Islamic banking business with the Ababil Islamic core banking system by Millennium Information...
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ADIB-Egypt launches BEAT

IFN Fintech - 0
Abu Dhabi Islamic Bank-Egypt (ADIB-Egypt) has launched BEAT, a wrist-wearable device for contactless electronic payments, according to its website.
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