UAE’s Ajman Bank selects Codebase Technologies to power retail “super-app”
Ajman Bank will utilise Codebase’s Digibanc platform along with cloud solutions from Cloud4C and Microsoft Azure.
Ajman Bank will utilise Codebase’s Digibanc platform along with cloud solutions from Cloud4C and Microsoft Azure.
Aani enables transactions to be processed “instantly and securely” at any given time.
Al Etihad Payments is a wholly-owned subsidiary of the Central Bank of the UAE.
Flooss is adopting Tarabut’s Income Verification product, enabling direct access to customers’ income information.
The partnership intends to accelerate the pace of digital banking transformation throughout the Levant region.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The strategic equity investment was made through Emirates NBD’s Innovation Fund.
JP Morgan Payments says the partnership will complement its existing capabilities in the region.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Archie is led by serial fintech entrepreneur Anthony Thomson and Steve Brennen, a former PayPal director.
Between June 2018 and October 2021, DFSA says it found weaknesses in Mirabaud’s AML systems and controls.
Tarabut Gateway says Sanad excels “particularly in scaling growth start-ups post-Series A”.
With the partnership, Mastercard aims to drive digitalisation in the GCC payments landscape.
With the new funding, the Dubai-based firm plans to expand its footprint in Saudi Arabia.
The new offering will allow businesses in the region to integrate digital payments into their operations.
The consortium is made up of CVC Capital Partners and global tech investment firm Francisco Partners.
The corporate digital banking platform unifies trade, supply chain finance, lending and treasury services.
Chief sustainability officer of FAB talks about the critical role of banks in supporting an ESG agenda.
Ong joins from UK digital mortgage lender Molo, where he spent three years as COO.
The CBDC initiative will look at a range of use cases across domestic and cross-border use.
According to both firms, the partnership is the first between a bank and a fintech in Saudi Arabia.
The central banks will conduct joint proof of concept and pilots of bilateral CBDC cross-border transactions.
Goodrich will lead the data engineering, predictive analytics, credit risk and fraud functions across Ezra.
Through the partnership, Mashreq will leverage i2c’s SaaS platform to offer digital payments.
Longhini joins from Edmond de Rothschild where he was CEO of private banking.
Maher Loubieh, co-founder of Hala, says Paymennt’s product was a “clear fit” with their own strategy.
VARA says the new framework will offer “regulatory certainty”, giving market participants greater clarity.
The UAE is aiming to become a “financial and digital payment hub”.
Derek Lakin has more than 20 years’ worth of experience in the software industry.
Dubai Investments says the acquisition gives it a “unique opportunity” to move into the digital banking space.
The Dubai-based firm plans to use the funding to support its growth and expand its product line.
Mashreq Neo is the digital offshoot of UAE’s Mashreq – “a bank for a brilliant new world” – launched in 2017.
Fintech Galaxy will leverage Underlie’s open banking APIs expertise to speed up market penetration in Egypt.
Network’s new hire Sandeep Chouhan brings over three decades of experience working in consumer banking and payments.
Now Money provides mobile banking services to the financially underserved, including low-fee cross-border remittances.
Azentio says its iMAL platform will enable National Bonds to roll out Islamic products and services faster.
Moove intends to use the funding to scale to 2,000 EVs in the UAE over the coming year.
The start-up offers investors access to more than 6,000 US stocks and ETFs.
The Dubai-based start-up wants to improve youth financial literacy, targeting the under-18s.
Invest Bank is one of the first in the UAE to adopt a full SaaS model for digital and core banking systems.