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

CIO

The Middle East is rapidly evolving into a global hub for technological innovation, with 2025 set to be a pivotal year in the regions digital landscape. AI and machine learning are poised to drive innovation across multiple sectors, particularly government, healthcare, and finance.

Trends 158
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Square’s bank arm launches as fintech aims ‘to operate more nimbly’

TechCrunch

Known for its innovations in the payments sector, Square is now officially a bank. Nearly one year after receiving conditional approval , Square said Monday afternoon that its industrial bank, Square Financial Services, has begun operations. Lewis Goodwin had been tapped to serve as the bank’s CEO, and Brandon Soto its CFO.

Fintech 352
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Top tech trends powering the Middle East’s digital evolution by 2025

CIO

AI and Machine Learning will drive innovation across the government, healthcare, and banking/financial services sectors, strongly focusing on generative AI and ethical regulation. Adopting multi-cloud and hybrid cloud solutions will enhance flexibility and compliance, deepening partnerships with global providers.

Trends 122
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Security is dead: Long live risk management

CIO

As regulators demand more tangible evidence of security controls and compliance, organizations must fundamentally transform how they approach risk shifting from reactive gatekeeping to proactive enablement. 2025 Banking Regulatory Outlook, Deloitte The stakes are clear. 2025 Banking Regulatory Outlook, Deloitte The stakes are clear.

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Sila banks $13M to offer single API for developing financial products, services

TechCrunch

Sila announced Monday it raised $13 million in Series A funding for its banking and payment platform that gives software teams tools to build the next generation of financial products and services. CEO Karkal has a long history in the fintech space, co-founding Simple, an app unifying various accounts into one accessible bank card, in 2009.

Banking 258
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Onboarding and automation: What fintechs can learn from big banks

TechCrunch

This creates increased regulatory scrutiny, with the risk of massive fines for non-compliance. The urge to reduce costs imperils continued investment in innovative financial products and services, while at the same time customers have higher expectations than ever for easy, effective, and great experiences. for AML failures.

Fintech 246
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Leveraging Avaya Experience Platform to accelerate your digital banking transformation

CIO

Banks are striving for digital innovation but regulatory constraints, data security and privacy concerns, integration challenges, and the high costs of enabling change prevent 70% from achieving their transformation goals. Overall, the banks digital channel perception CSAT improved from 63% in 2022 to 80% in 2024.

Banking 78