GOJEK adds DBS PayLah! to payment options The Indonesian ride-hailing giant hopes to change this by adding a new digital payment method. Users may now pay for trips with DBS bank’s PayLah! mobile wallet, the bank, and Gojek announced on Thursday (June 13). Besides the new option, riders may pay for Gojek trips with their […]
Japanese telco, SoftBank Corp, said on Wednesday it would spend $4 billion to up its stake in Yahoo Japan Corp and turn the Internet company into a subsidiary, a move that would help boost its profit by 24 percent this year. The telco said it would buy 456.5 billion yen ($4.2 billion) worth of new […]
Turkish industrial companies will get a new competitive mode of transport for large distances with the construction of the country’s first privately-run inland cargo terminal, or railport. The new project is being developed by Turkey’s Arkas Holding, a logistics firm that integrates sea, land, rail and air transportation, and Duisport, Germany’s full-service provider in the […]
The U.S. House Financial Services Committee has unanimously adopted two resolutions establishing task forces for fintech and artificial intelligence. The Task Force on Financial Technology will examine issues including “the current legal framework for fintech, how fintech is used in lending and how consumers engage with fintech,” the committee stated. The chair of the task […]
With mobile money continuing to dominate the continent’s commerce growth, opening doors for business to everyone from a rural farmer to an entrepreneur, and cross-border seeing inter-country transactions on the rise, the continent is making a play to be the world’s biggest e-commerce opportunity. According to Visual Capitalist, 13 of the world’s largest urban centres […]
ubai ranked first globally in attracting foreign direct investments (FDI) for artificial intelligence and robotics; while the UAE ranked sixth in the global Smart Service Index, surpassing the US, UK and South Korea. The Emirate has attracted from 2015 to 2018 $21.6 billion worth of FDI in high-end technology transfers, with the most from the […]
[dropcap]T[/dropcap]he race of 5G is truly underway and Saudi Arabia are well prepared the foundation to provide the benefits of this great technology to the Middle East and North Africa (MENA).
[dropcap]F[/dropcap]requent fliers know the challenges of airport parking and the added stress it brings onto your journey. The challenges varies from expensive parking fees to remembering the parking slot or inconvenience of airport shuttles. Artificial intelligence might be the problem solver when it comes to your airport parking woes. Stan is a robot which is […]
[dropcap]S[/dropcap]ince its inception over 30 years ago, Islamic financing has become diverse with a wide plethora of industry players from sectors such as legal, accounting, technology, commodity trading platforms and rating companies. Malaysia has spearheaded a number of innovations and inclusions in Islamic banking and finance to emerging as the global leader in this area.
Iran to buy sugar from India after 5 years Iran has found a way to spend the money it has accumulated in the South Asian nation’s banks from trading oil. Iran is likely to buy sugar from India for the first time in five years in order to secure its food supply due to its […]
[dropcap]H[/dropcap]osting the 2024 Olympics will indeed be a prestigious and celebrated opportunity that will put Paris in a global spotlight. Paris has won its Olympics bid in the most adverse time, with mounting austerity, terror threats and police violence. Hence Parisians look at this opportunity as both a boon and a bane simultaneously.
Mobile money accounts have surpassed bank accounts in Africa The financial technology industry is shaping the structure of financial industry in Africa. New technologies have been innovated, developed and implemented in Africa creating a competitive business landscape in the financial industry. Africa which at one point was lagging behind most countries is now emerging as […]
[dropcap]A[/dropcap]round 80% of Egypt’s 100 million population is still unbanked according to the World Bank. There is a long road ahead in terms of banking and financial inclusions in Egypt.
[dropcap]M[/dropcap]iddle Eastern country Bahrain, in a move to promote itself as a financial tech hub has extended invitation to India to set up its fine tech companies there. There are a plethora of avenues for Indian finch companies in areas like crypto assets, the blockchain, robot advisory, open banking and remittances in Bahrain.
