Tag: united arab emirates
2 articles
UAE Deploys Homegrown Counter-Drone Tech in Iran Conflict
The UAE successfully countered over 80-85% of incoming drones using its homegrown counter-drone technology during the recent Iran conflict, showcasing the country's reliance on locally developed solutions. This locally grown tech, including jammers and spoofers, allowed for an immediate response, operating from day one without delays.
Digital KYC Push Stalls on Trust and Liability Concerns
KYC is more than just verifying identity - it's a crucial process that requires trust and accuracy to prevent financial crimes. Governments and banks are working together to modernize identity data collection and reuse, with countries like the UAE, Europe, and Singapore launching innovative projects to streamline compliance and strengthen anti-money laundering efforts.