UAE Banks Discontinue OTPs via SMS and Email: What It Means for Individuals and Businesses In a move aimed at strengthening cybersecurity and minimizing fraud, several banks in the UAE have started phasing out one-time passwords (OTPs) sent via SMS and email. Instead, they are shifting to more secure, app-based authentication methods such as biometric […]
Opening a Corporate Bank Account in a UAE Digital Bank
In this blog post, we will explore what digital banks are, the pros and cons of opening a corporate bank account in the UAE, and provide examples such as Wio Bank. UAE Digital Bank Account In today’s rapidly evolving digital era, the way we conduct business and manage finances has significantly transformed. One of the […]