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Indian scheme brings 530 million adults into the banking system

The Brew News Team   Fri 30 Aug 2024    

NEW DELHI: Indian poverty reduction scheme, Pradhan Mantri Jan Dhan Yojana (PMJDY), has brought 530 million adults into the banking system over the past 10 years, as announced on its 10th anniversary. Recognised as the world’s largest financial inclusion initiative, […]

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Sharjah Islamic Bank partners with ‘haifin’ to counter fraud, support digital evolution in banking sector

The Brew News Team   Mon 20 May 2024    

Dubai: In an effort to intensify the fight against fraud and advance digital transformation within the banking sector, Sharjah Islamic Bank (SIB) has joined the “haifin” platform alliance, marking its membership as the fourteenth participant. This move underscores SIB’s dedication […]

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Emirates NBD celebrates the 60-year journey from local to international banking brand

The Brew News Team   Mon 19 Jun 2023    

Dubai: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Türkiye) region, marks a significant milestone this year, with the bank celebrating its 60th anniversary. The landmark occasion also marks the bank’s journey and tremendous […]

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GCC Insurance Industry to witness a pickup in growth

Brew Admin   Tue 08 Feb 2022    

DUBAI: UAE-based investment banking advisory firm, Alpen Capital, launched its latest GCC Insurance Industry report on Tuesday, 8th February. The report provides a comprehensive overview of the GCC insurance sector and outlines the outlook, recent trends, growth drivers, and challenges […]

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Finnovex ME 2021: Focus on banking innovation and transformation

Brew Admin   Thu 02 Sep 2021    

The platform will bring together top professionals and C-level executives from the industry to examine how technology is reimagining Banking innovation for 2021 and beyond. Dubai: Continuing the efforts to support the regional Fintech ecosystem, Exibex, the organizers of Finnovex […]

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Abu Dhabi Police warns against fraud, scam calls requesting bank data

Brew Admin   Sun 20 Jun 2021    

ABU DHABI, 19th June, 2021 – Abu Dhabi Police has warned against fraudulent calls claiming to be from the UAE Central Bank and a text message in the name of Abu Dhabi Police as proof of the correctness of the […]

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Banks & Fintechs – To compete or to co-exist?

Shaneer N. Siddiqui   Tue 08 Jun 2021    

Since the formalization of monetary policies centuries ago, banks have since then been the flag bearers of secure monetary growth & regulated financing and the space has seen a massive evolution from banking institutions moving purely accepting deposits & disbursing […]

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