Topic: financial innovation
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Sumerge at Money 20/20: AI's Impact on Finance
Sumerge showcased its expertise in AI for finance at Money 20/20 Middle East, offering insights on technological transformation through panel discussions and consultations. During a panel on AI regulation, CTO Mohamed Nour highlighted the importance of balancing innovation with trust, focusing on...
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STC Bank Launches Smart Saver & Finance Tools for Customers
STC Bank has launched two Shariah-compliant digital tools, Smart Saver and Smart Finance, to simplify saving and provide flexible financing while adhering to Islamic banking principles. Smart Saver helps customers build savings automatically through round-ups and recurring transfers, offering com...
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ADX Launches Middle East's First Quantum Computing ETF
The Abu Dhabi Securities Exchange (ADX) has launched the Middle East's first quantum computing ETF, trading as QUANTM, to broaden regional access to global leaders in this transformative technology. This ETF tracks a specialized index and offers exposure to major tech companies like Alphabet, Ama...
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Cloudflare's 'NET Dollar' Fuels New AI Internet Business Models
Cloudflare is launching a U.S. dollar-backed stablecoin called NET Dollar to enable fast, secure transactions for the agentic web and support a new Internet economy that rewards originality. The stablecoin is designed to handle microtransactions and automated payments at scale, allowing AI agents...
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MoneyHash & Moyasar Forge Strategic Saudi Partnership
MoneyHash, a payment orchestration platform, has partnered with Saudi fintech firm Moyasar to enhance Saudi Arabia's digital payment infrastructure and support its financial modernization goals. The collaboration combines MoneyHash's payment orchestration expertise with Moyasar's local market kno...
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