Banking

Abu Dhabi and South Korea Explore Stablecoin and Digital Payment Opportunities

Hanwha, ADIO and ADGM Partner on Stablecoin-Based Payments and Remittances. Abu Dhabi and leading South Korean financial institutions are looking to deepen cooperation in digital...

UAE Launches Five-Year Government T-Sukuk With Investments Starting From Dh1,000

UAE Residents Can Access Five-Year Government-Backed Sukuk, With Profit Rate to Be Announced on September 22. UAE nationals and residents can invest as little as...

UAE banking guide: How online payments are verified without SMS OTPs

UAE banks shift from traditional OTPs to biometric verification and in-app approvals. Dubai: UAE banks are moving away from traditional one-time passwords (OTPs) sent by...

UAE Overhauls Bank Risk Rules With Four-Hour Reporting, Cyber Tests and Tougher Penalties

New UAE Rules Require Financial Institutions to Strengthen Cybersecurity and Incident Reporting. The Central Bank of the UAE’s new Operational Risk Management Regulation came into...

UAE Central Bank Introduces New Rules to Tackle Outages, Fraud and Cyberattacks

New UAE Rules Aim to Protect Financial Services From System Failures and Cyber Threats. The UAE Central Bank’s new Operational Risk Management Regulation came into...

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