NEWS
FinTech Hive welcomes 22 innovative
start-ups for accelerator programme
of which 22 finalists were selected. The accelerator programme
consists of a 12-week curriculum in which a group of selected
finalists work closely with financial institutions and other
stakeholders to create innovative and forward-looking solutions
that aim to address the evolving needs of the region’s financial
services industry.
Raja Al Mazrouei, Executive Vice President of FinTech Hive at Dubai
Finance Centre, said: “The extraordinary quality and overwhelming
quantity of proposals we received this year is testament to the
growing interest in FinTech Hive and the industry’s trust in its
collaborative platform.
F “As the region’s FinTech industry continues to provide unique
solutions that address the evolving needs, we are committed to
providing the FinTech space with invaluable access to, and feedback
from, an international network of strategic partners and well-
established financial institutions looking for innovative solutions to
their everyday challenges.”
The second edition received an overwhelming response of over
300 applications that were created from all around the world, Finalists from the UAE include: Game Change Solutions,
iWealth, Money Mall, ebooc, Amani Technologies, Addenda,
BetterTradeOff FinTech Solutions, Turnkey IS Technologies and
Virtual i Technologies.
inTech Hive, the financial technology accelerator for the
Middle East, Africa and South Asia region, has announced the
commencement of the 2018 edition of its accelerator programme, in
partnership with Accenture.
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UAE leads the ICT Global
Competitiveness Index
T
he UAE has achieved a new
accomplishment in ICT global
competitiveness by achieving advanced ranks
in the Global Competitiveness Index, according
to the results published by the International
Telecommunication Union (ITU).
The results showed that the UAE is ranked
first globally in the rate of mobile-broadband
subscriptions, in addition to ranking first
in the rate of the population covered by
a mobile-cellular network, as well as the
population covered by at least a 3G mobile
network. The UAE also ranked second
globally in Mobile-cellular subscriptions.
The UAE maintained its advanced
positions in other indicators, ranking forth
globally in the proportion of households
with a computer, seventh globally in the
proportion of households with Internet
access at home, and eighth in terms of
internet users.
www.intelligentcio.com
HE Hamad Obaid Al Mansoori,
Telecommunications Regulatory Authority
(TRA), Director General, said: “In the
UAE, we deserve to achieve successive
accomplishments and we are on the right
track to achieve the deserved leading
position of our country. On this occasion,
I have the privilege to congratulate all ICT
sector workers, including my colleagues in
TRA, and the private sector who have proved
in recent years that they are an excellent and
dedicated team serving the highest goals of
our beloved country in accordance with the
directives of the wise leadership.”
INTELLIGENTCIO
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