Digital Banking

Open Banking Financial Inclusion

One of the world’s most widespread problems lies within the boundaries of one of the UN’s Sustainable Development Goals (SDGs) to reduce inequalities, namely SDG 10. Financial exclusion’s transformation to become a goal birthed new equalities of opportunities and availabilities to access financial services, or as more commonly known, financial inclusion. The endless opportunities brought […]

Financial Ecosystem

The world is intensifying its adoption of digital means to conduct its finances. The accelerated use of the Internet and smartphones has impacted the burgeoning of digital banking and any financial ecosystem. The United Arab Emirates (UAE) is no stranger to transforming one of its primal sectors’ frameworks as the financial sphere becomes increasingly technologically […]

MyMonty

“MyMonty is a life project. Building a bank is a very complex endeavor. It will become the flagship of the Monty Finance brand. This means added responsibility while focusing on the team’s passion and accepting challenges wholeheartedly,” Cesar Jabr, Deputy CEO, Monty Holding What is MyMonty’s scope of activity? The financial company’s sole focus is […]

India’s Digital Rupee

A month into India’s pilot project for using an official digital rupee for inter-bank and institutional transactions, stakeholders are seeing no benefits, several bankers said. Seven bankers told Reuters that using the e-rupee of the Reserve Bank of India (RBI) was much the same as internet-based banking that users were already satisfied with. The RBI […]

Charles Matta

From the firm belief in delivering equal opportunities, inclusivity, commitment, and conscientious work ethics birthed a rising financial technology (Fintech) company, MyMonty. The idea of the company stems from the fundamental core philosophy of equality and delivering on the promise of offering everyone basic banking and financial services. Executive Vice President (EVP) of MyMonty, Charles […]

MyMonty

In 1998, Mountasser Hachem founded Monty Holding, which has since become a giant in the telco sector, achieving unprecedented global penetration. His first go-to-market company was Monty Mobile, adapting various cutting-edge technologies to provide 4G and 5G wireless solutions and value added services, Messaging, Omnichannel, eSIM, and many other solutions which have been greeted enthusiastically […]

Cloud Bank

The world of finances has seen a technological overhaul. Modern problems require modern solutions. A cloud bank is the updated solution to a chronic problem of what to do with your financial assets, an age-old matter you need to settle down as soon as you strive for financial independence. At this point, it is not […]

Banking in the UAE

The current digital transformation in the UAE banking sector is thriving. What we are witnessing today is more than just a simple change in how we make transactions; it goes well beyond simply transitioning from a traditional into a digital world. This entire concept of digital transformation strategy in banking is integral to how banks […]