Mobi Direct picks Worldline for Pakistani payments
The PSP/PSO aims to modernise paytech in the country.
Middle East
Palestine Islamic Bank goes digital with Temenos to the core
Infinity and T24 Transact will support the bank’s digital transformation.
Finastra core system fuels Al Taif Islamic Bank
Iraqi bank looking to “kick start its retail business”.
Al Rajhi Bank turns to Temenos for digital revamp
Saudi Arabia’s second largest bank plans “complete renovation”.
ZagTrader and BeQuant show crypto FIX-ation
Duo will offer access to cryptocurrencies using the Financial Information Exchange (FIX) and APIs.
BML Istisharat’s ICBS core system sees success in Lebanon and Morocco
Finance Bank is going live and FNAC has picked the platform.
Emirates NDB turns to Intellect Design for transaction banking overhaul
Part of the bank’s $410m transformation project.
Emirates NDB updates to Calypso 15 for treasury ops
Aligned with its four-year transformation strategy.
Saradar Bank freshens up branch with sweet S17 in Beirut
Lebanese bank wants to combine a café, a co-working space and a digital offering.
Israel’s Jerusalem Venture Partners closes $220m tech fund
JVP shows interest in cybersecurity, fintech and insurtech.
Finastra’s Fusion Essence core system savours Saudi success
Saudi Arabia’s Agricultural Development Fund looking for better lendtech.
No Xpence spared as Dubai neobank readies for business
“Gulf region’s first neobank designed by entrepreneurs for entrepreneurs.”
Abu Dhabi Commercial Bank makes a MoneyBuddy
The app is built on Strands’ technology.
Symantec acquires Luminate Security for cyber cloud defence
Getting prepared for infrastructure managed by Azure, AWS and Google.
Sohar International adds biometrics to banking app
Very few details have been revealed about the implementation.
Emirates NBD plays matchmaker for start-ups and investors
Private banking arm sees no harm in The LaunchPad.
Pagaya shows off its AI-powered $100m ABS
Asset-backed securities looking toned and honed.
Capitalise goes live with Interactive Brokers
Capitalise enables traders to automate their strategies using natural language.
TCS Bancs core system shows Solidarity in Bahrain
Insurance firm plans digital revamp.
Saudi Arabia and UAE unite for digital currency dream
Saudi Arabian Monetary Authority and UAE’s central bank unveil Aber project.
Almoayed and Moven go for digital banking advance
Duo team up for fintech ambitions in MENA region.
AXA Venture Partners gets $150m for fintech funding
Aiming to support start-ups and digital health firms.
New Iraqi bank Al Mustashar goes live with ICSFS core system
Platform was launched and rolled out in three months.
Hapoalim first bank in Israel to sign up for Swift gpi
Global payments innovation makes its debut.
Kuwait’s central bank goes live with TCS Bancs
After a five-year upgrade.
Emirates NBD upgrades payments system with TCS
TCS Bancs scores again.
QNB revamps payments systems with Infosys Finacle
Qatar National Bank consolidating across various countries with unified hub.
ACI Worldwide plugs National Bank of Kuwait into Swift’s gpi
First bank in the country signing up to gpi.
Arrow Capital goes with Profile Software
It will use the Axia platform for wealth management.
FundedByMe gets the nod for UAE crowdfunding debut
Sweden-based platform granted approval for 2019 start.
Isracard plots banking action with Temenos T24 core system
Credit card company gets ambitious and wants to simplify its systems architecture.
Hammurabi Commercial Bank in Iraq signs for ICS Banks
As the core banking supplier extends its footprint in Iraq.
UAE and Saudi Arabia trial cross-border payments on blockchain
Despite some media reports it’s not a digital currency.
Standard Chartered cutting jobs in UAE
Its digital activity comes at a heavy price.
First Abu Dhabi Bank goes live on Temenos T24 core system
The consolidation of FGB and NBAD systems is now complete.
Bahrain Credit goes omnichannel with Clayfin
Tech firm Computer World will take these services to the Microsoft Azure cloud.
Kuwait plots payment system and digital Dinar
Central bank will take its time with fintech initiatives.
Paytech Verrency brings life to mobile bank Liv
Multi-year agreement means Liv will use Verrency’s cloud-based payments.
Israel’s API integrator OpenLegacy gets $30m funding
Investors Include CommerzVentures and Silverhorn Investment Advisors.
Initiative Q queues up new payments network
Israeli entrepreneur Saar Wilf first wants to create a critical mass of users.
