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Bank Islam lays foundation for digital bank

Hot on the heels of the formation of an Islamic fintech-driven digital banking consortium in Malaysia, the country’s oldest fully-fledged Shariah bank revealed that...

TFX Islamic eyes new market segments and geographical opportunities

Newly minted digital supply chain platform TFX Islamic is looking to expand into key Islamic markets, with plans to foray into different segments of...

Iran’s new capital market taskforce to address tech infrastructure

Iran’s newly minted Capital Market Consultative and Advisory Taskforce, established by the Iranian Securities and Exchange Organization (SEO), will house a dedicated technology and...

Bank ABC to humanize banking with digital AI employee

Bank ABC will be introducing an artificial intelligence (AI)-powered synthetic digital human into its customer experience as part of its drive for digital transformation. To...

CBB endorses Bahrain Fintech Bay

The Central Bank of Bahrain (CBB) has officially endorsed the launch of Bahrain FinTech Bay (BFB), MENA’s first dedicated fintech hub and corporate incubator...

Danish fintech companies making a move into GCC Islamic banking market

Danish fintech companies are preparing to make a move into the GCC Islamic banking market, attracted by emerging untapped opportunities as Shariah banks amp...

Singaporean and Luxembourg entities set up Malaysian Islamic fintech initiative

Two Islamic finance-focused fintech platforms have partnered to establish a new Shariah crowdfunding platform for social finance with pilot campaigns slated for November. Luxembourg-based Conexcap,...

CIMB Group pushes fintech agenda with new DBS hire

One of the biggest (Islamic) banking groups in Malaysia has poached DBS Singapore’s head of digital banking to lead its fintech initiative, a significant...

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