Editor's Note

Fintech Excellence, UAE's Digital Edge

The UAE is today a regional hub for fintech innovation, with the landscape having rapidly evolved in the last decade. The UAE government with a strategic vision has encouraged the ecosystem by initiatives, regulatory sand boxes and innovation hubs to diversify the economy. Startups that use technology to break the norm of the financial services have flocked to this environment. Digital payments, blockchain applications, peer to peer lending and wealth management platforms form key areas of innovation. While the region itself is unique, startups are filling the gaps in the market with solutions that are specific to the region: multi-language, finance options and seamless cross-border transactions. The UAE’s strong push in direction of a cashless society is mirrored in the traction digital wallets have fared.

Artificial intelligence and data analytics integration has...  >>More