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AI platforms driving business transformation in the UAE: insights from industry experts

CIO

As businesses continue to explore the potential of AI, the integration of generative technologies is seen as essential to remaining competitive in a rapidly evolving market. Another expert in the conversation, Manoj Bhojwani, Global CIO at Abu Dhabi Islamic Bank shared his company’s strategic roadmap towards AI. “In

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3 investors presage the future of startups and VC following SVB’s downfall

TechCrunch

To put it mildly, the meteoric collapse of Silicon Valley Bank has been a historic time of confusion for everyone the startup ecosystem touches. A portion of them were banking with SVB, either exclusively or partially. There will be a shift away from what I call middle banking. We had so many concerns.

Banking 240
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2025 Middle East tech trends: How CIOs will drive innovation with AI

CIO

Similarly, the financial sector will see continued growth in fintech, digital payments and open banking, with cities like Dubai and Riyadh becoming central fintech hubs in the region. The Internet of Things will also play a transformative role in shaping the regions smart city and infrastructure projects.

Trends 158
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Cybersecurity Snapshot: CISA Calls for Stamping Out Buffer Overflow Vulnerabilities, as Europol Tells Banks To Prep For Quantum Threat

Tenable

Plus, Europol offers best practices for banks to adopt quantum-resistant cryptography. In addition to adopting post-quantum cryptography , banks and other financial institutions should take this opportunity to boost their cryptography management practices, according to Europol.

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Nigeria’s lender Payhippo raises $3 million in seed funding to extend quick loans to SMEs

TechCrunch

Payhippo says it disburses short-term loans in less than three hours, a record that remains unmatched by traditional banking institutions in the country, which often require borrowers to meet stringent conditions , like regular account activity and the maintenance of minimum operating balances.

Banking 241
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How resilient CIOs future-proof to mitigate risks

CIO

According to Loura, one key area is ensuring multi-factor and multi-person validation of material changes to certain sensitive records, like bank accounts or addresses. Investment in resilience is an investment in business continuity. Investments that improve those factors lower impact costs, and thus an ROI can be created.

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Hatch, a neobank for SMBs, launches with $20M in funding from investors like Kleiner Perkins, Foundation and Plaid’s founders

TechCrunch

Hatch’s leadership team , including alumni of fintech companies and major financial institutions like Square, Stripe, Morgan Stanley and JP Morgan, talked to small business owners, and found that recent immigrants or people without credit histories were paying the majority of bank fees.