Technology

EY announces alliance with EdgeVerve to help drive banking transformation with Finacle solution suite

EY today announces an alliance between EY India and EdgeVerve to help global banks and financial institutions drive digital transformation. The alliance also covers...

DDCAP Group™ and Murex announce platform integration, facilitating transactions for Islamic Financial market participants

Murex, a global technology solutions provider in trading, risk management and processing solutions for capital markets, announce a significant partnership and platform integration with...

Suez Canal Bank selects Temenos to transform digital banking in Egypt

Temenos today announced that Suez Canal Bank has selected Temenos Infinity to transform the digital customer experience for its retail and business banking. Temenos...

Russia’s Mir Payment System signs exclusive agreement with Network International to expand cashless payment acceptance

Russia’s Mir Payment System and Network International, the leading enabler of digital commerce in the Middle East and Africa (MEA) region, have signed an...

Expert insights: The value in customer data

In a special report, Customer Data, Analytics and Segmentation, MEA Finance Magazine and Avaya established that customer feedback is the driving force behind the...

National Bank of Bahrain (NBB) partners with Backbase to offer a first-in-class digital onboarding experience

Bahrain’s leading local bank National Bank of Bahrain (NBB) announced the launch of its new digital banking platform, built in partnership with banking technology...

FlexxPay raises USD 3 million in pre-series A round to grow employee benefit platform

FlexxPay, a social impact technology company with offices in Europe and the GCC, and the Middle East’s leading Shari’a compliant employee benefit platform providing...

stc pay and Thales introduce customisable contactless payment cards

Saudi mobile wallet, Saudi Digital Payments Company (stc pay), and Thales have introduced contactless cards to enable payments at Point of Sales (POS) machines,...

Path Solutions assisted International Development Bank (IDB) Iraq to get AI-ready

Path Solutions announced that International Development Bank (“IDB”) in Iraq - one of the fastest growing banks in the region, has successfully gone live with iMAL*BI from...

Mitigating cloud concentration risk in the banking sector

In the financial services industry, concentration risk is a component of operation risk, which, along with market, credit, and liquidity risk, comprise financial regulators’...

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