Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

AI financing platform Tabs secures $55 million in Series B funding.

September 17, 2025

Five-dollar local bags in Unleash, Unicorn India’s capital

September 17, 2025

Google introduces a payment protocol for AI agents in collaboration with major financial firms.

September 17, 2025

Rex-Osprey XRP ETF: a transformative period for fintech startups

September 17, 2025
Facebook X (Twitter) Instagram
Trending
  • AI financing platform Tabs secures $55 million in Series B funding.
  • Five-dollar local bags in Unleash, Unicorn India’s capital
  • Google introduces a payment protocol for AI agents in collaboration with major financial firms.
  • Rex-Osprey XRP ETF: a transformative period for fintech startups
  • The reasons behind the failure of 95% of AI initiatives and the need for a unique approach in finance.
  • Overcoming Regulatory Hurdles for Fintech Startups in XRP’s Journey to Independence
  • Time for a set of reforms to enhance the fintech sector’s efficiency, inclusivity, and resilience against risks
  • Startup Fintech Pélocaux Secures 5 Minutes of Series A Funding
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    AI-powered fintech job platform Finjobsly.com Launches

    September 16, 2025

    FCCPC recoups 10 billion naira for harmed customers after grievances against banks and fintech companies

    September 11, 2025

    Hyderabad Fintech Viyona secures NPCI approval to function as a third-party application provider.

    September 11, 2025

    Klarna IPO Valuation Analysis in the US Banking Sector

    September 2, 2025

    Robinhood’s IA Investing Tool Digests Launches in the UK

    August 27, 2025
  • AI

    AI financing platform Tabs secures $55 million in Series B funding.

    September 17, 2025

    Google introduces a payment protocol for AI agents in collaboration with major financial firms.

    September 17, 2025

    The reasons behind the failure of 95% of AI initiatives and the need for a unique approach in finance.

    September 17, 2025

    Workfusion raises $45 million to enhance financial crime compliance.

    September 17, 2025

    Google integrates Stablecoin payments into AI applications through partnership with Coinbase.

    September 17, 2025
  • Acquisitions

    Amazon concludes its acquisition of the Indian lender Axio, expanding its fintech efforts.

    September 11, 2025

    The incident involving the Kaustubh Kulkarni movement in Moomoo

    September 3, 2025

    Overview of Acquisitions for US Fintech Companies from the Clifford Chance Guide

    September 2, 2025

    Dentons guides PEAC Solutions in acquiring Fintech Topi

    August 29, 2025

    Truckstop.com purchases the denim division of the transport finish company

    August 24, 2025
  • Trends

    Overview of the Size, Trends, Growth Drivers, and Key Players in India’s Fintech Sector

    September 5, 2025

    SEF – Wits Global Fintech Conference 2025 Investigates Worldwide Fintech Trends

    September 4, 2025

    The impressive results of PB Fintech underscore the contrast with overall market trends.

    September 4, 2025

    South Korea’s Fintech Market Overview, Trends, and Growth Predictions

    August 30, 2025

    Vietnam’s fintech market projected to exceed 50 billion USD by 2030.

    August 21, 2025
  • Insights

    Time for a set of reforms to enhance the fintech sector’s efficiency, inclusivity, and resilience against risks

    September 17, 2025

    A brief overview of the upcoming weekly updates in fintech

    September 12, 2025

    Kapital is the final unicorn in Mexico valued at over $1 billion.

    September 5, 2025

    Canton RestitySteve Forbes and Peter Schiff Headline New Fintech.tv Series Riding Bulls and Taming Bears Led by David Stryzewski New York, NY / Access Newswire / August 25, 2025 / Fintech.tv has unveiled the debut of Bulls and Taming Bears, a series focused on market analysis and…

    August 28, 2025

    Steve Forbes and Peter Schiff Launch New Fintech.tv Series “Conquering Market Fluctuations” by David Stryzewski – Azentral | The Republic of Arizona

    August 28, 2025
  • Rumors

    Pi Network price hits a new all-time low amid delimitation speculation on OKX and Mexc.

    September 11, 2025

    Tether’s Bitcoin Sale for Gold: CEO Paolo Ardoino Shares the Facts

    September 8, 2025

    Buffalo Sabers encouraged to trade former first-round pick Isak Rosen amid challenges

    September 7, 2025

    Wise aims to establish itself as a bank in the UK.

    September 7, 2025

    Is Trump deceased?

    September 6, 2025
  • Startups

    Five-dollar local bags in Unleash, Unicorn India’s capital

    September 17, 2025

    Rex-Osprey XRP ETF: a transformative period for fintech startups

    September 17, 2025

    Overcoming Regulatory Hurdles for Fintech Startups in XRP’s Journey to Independence

    September 17, 2025

    Startup Fintech Pélocaux Secures 5 Minutes of Series A Funding

    September 17, 2025

    Stamford investment firm secures $52 million for New York fintech startup

    September 17, 2025
  • finjobsly
fintechbits
Home » The regional “Open Banking” market will explode
Industry Trends

The regional “Open Banking” market will explode

3 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Fintech 1.jpg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

In his recent report, robot_rouge_mad highlights the most important financial technology (fintech) trends in the region, including Open Banking, sustainable finance, artificial intelligence (AI) and cryptocurrencies. The report, Fintech Trends in 2024, forecasts a staggering 25% annual growth in the Open Banking market in Arab countries over the next five years. Furthermore, it outlines a compelling trajectory that could see the Arab Open Banking market reach an unprecedented value of $1.17 billion this year. This signals a sea change in the financial landscape of the Middle East.

Sustainable finance

As sustainable finance becomes a global priority, the UAE banking sector has boldly committed to mobilizing over AED 1 trillion in sustainable financing by 2030. This ambitious commitment reflects a dedicated effort to guide financial practices towards a more environmentally and socially responsible future.

Inspired by sustainability commitments made at COP28, the report predicts a significant shift towards green blockchains and eco-friendly features in banking applications. Additionally, the report expects fintech companies and banks to integrate environmental, social and governance (ESG) practices into their products and operations. This is therefore part of the growing global focus on sustainable finance.

Blockchain and AI are reshaping Fintech

The red_mad_robot report looks at the transformative impact of cutting-edge technologies like blockchain and AI. It highlights the revolutionary role these technologies will play in reshaping the fintech ecosystem in the Middle East. Additionally, it provides insight into the future of financial innovation.

Financial systems

Central bank digital currencies (CBDCs) are gaining momentum globally. More and more countries are exploring projects integrating CBDCs into their financial systems. Therefore, the report highlights the potential of CBDCs to facilitate cross-border transactions. Thus, it revolutionizes retail payments and promotes financial inclusion, while reducing production costs for central banks.

Additionally, governments in the Middle East, including the Central Bank of the United Arab Emiratesactively support the growth of fintech payment ecosystems. Initiatives such as the UAE AI & Robotics Award for Good highlight the region’s commitment to fostering AI-driven businesses and services. The report also forecasts the integration of AI capabilities into digital products, AI regulations, and the adoption of generative AI to reshape the fintech landscape.

DeFi and crypto development

Decentralized finance (DeFi) and cryptocurrencies are among the most important fintech trends of 2024. The report highlights the region’s growing focus on the tokenization of real estate, financial tools and various asset classes in 2024. This strategic decision aims to expand export potential and attract new users and investments. Additionally, it promotes the adaptation of stablecoins as online and offline payment methods, marking an important step towards the integration of DeFi and cryptocurrencies.

Read: Revolutionizing the global economy: the unstoppable force of Fintech

Additional Trends

Among the fintech trends gaining momentum in the region is niche fintech. The red_mad_robot report identifies niche fintech as a growing trend, focusing on providing products to targeted categories of consumers. Additionally, the report emphasizes improving security, including widespread adoption of biometric authentication. It also addresses the critical need for robust security measures in the evolving financial technology landscape.

As the Middle East propels itself towards a fintech-driven future, red_mad_robot’s comprehensive report serves as an indispensable guide for stakeholders, investors and enthusiasts. It provides insight into the dynamic trends that will shape the region’s financial landscape in 2024 and beyond.

For more banking and finance news, click here.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Overview of the Size, Trends, Growth Drivers, and Key Players in India’s Fintech Sector

September 5, 2025

SEF – Wits Global Fintech Conference 2025 Investigates Worldwide Fintech Trends

September 4, 2025

The impressive results of PB Fintech underscore the contrast with overall market trends.

September 4, 2025
Leave A Reply Cancel Reply

Latest news

AI financing platform Tabs secures $55 million in Series B funding.

September 17, 2025

Five-dollar local bags in Unleash, Unicorn India’s capital

September 17, 2025

Google introduces a payment protocol for AI agents in collaboration with major financial firms.

September 17, 2025
News
  • AI in Finance (1,622)
  • Breaking News (169)
  • Corporate Acquisitions (71)
  • Industry Trends (200)
  • Jobs Market News (307)
  • Market Insights (210)
  • Market Rumors (274)
  • Regulatory Updates (166)
  • Startup News (1,059)
  • Technology Innovations (174)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,622)
  • Breaking News (169)
  • Corporate Acquisitions (71)
  • Industry Trends (200)
  • Jobs Market News (307)
  • Market Insights (210)
  • Market Rumors (274)
  • Regulatory Updates (166)
  • Startup News (1,059)
  • Technology Innovations (174)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.