Mr Kwok joined the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) in June 2015. He heads up the Capital Markets division responsible for admission and supervision of financial market infrastructures and capital market intermediaries. The division also regulates the offering of securities, collective investments schemes. Mr Kwok also spearheads FSRAs strategy…
Alastair Lukies CBE is a UK businessman and entrepreneur best known as a pioneer and champion for the UKs global FinTech industry. He founded Monitise in 2003. Three years later, Monitise was recognized as a Technology Pioneer by the World Economic Forum and in June 2007 Alastair led the companys demerger from Morse and listing…
Since the launch of the National Strategy for Innovation, the UAE has become a hotbed for advancement across multiple fields, from space travel to sustainability. However, since the UAE cabinet allocated AED2 billion to the Mohammed bin Rashid Innovation Fund, one sector has seen the level of innovation reach a fever pitch – the finance sector. Uniting fintech’s…
With the explosion of financial technology (fintech) and the resulting disruption of traditional business models, banking financial services and insurance (BFSI) firms have no choice but to now adopt new technologies to adapt to the changing market dynamics. For our latest interview, we sat down with Sagheer Mufti the Chief Operating Officer of Abu Dhabi…
Dubai Financial Services Authority has recently announced the launch of its Innovation Testing Licence (ITL). The ITL will ease regulatory requirements for firms that provide financial technology services in the region, allowing qualifying firms to develop and test innovative concepts from within the Dubai International Financial Centre (DIFC). Firms under the new licence will not…
Innovations in financial technology (FinTech) are rapidly disrupting business models across the finance sector. Financial institutions need to adopt these technologies in order to remain competitive, improve efficiency and increase profitability. In an attempt to identify these essential technologies, Naseba’s analysts reached out to over 100 Chief Technology Officers, Chief Information Officers and IT Directors…
Emirates NBD is among the many banks that are flocking to blockchain technology. The bank recently announced that it will be working with ICICI Bank, India’s largest private sector bank by consolidated assets with total assets of over 139 billion USD and a presence in 17 countries. ICICI is also the first Indian bank to…
The fintech revolution is taking hold in the Middle East, and bringing with it a slew of attention-grabbing developments affecting the entire finance industry. Fintech trends have spread from the offices of startups to the hallways of the more established, sedate banking institutions. This is unsurprising, given that what the banking sector needs now more…