Themis Launches Tathabbat: Saudi Arabia's First AML and KYF/KYC Firm to Help Protect the Kingdom's Economic Expansion
- 1 month 3 weeks ago
- Compliance
Themis, a global leader in financial crime prevention, announces the official launch of Tathabbat. This marks a significant step in Saudi Arabia's compliance landscape, aligning with Vision 2030 and the country's push to adopt world-class Know-Your-Finance (KYF) standards.
Muinmos Expands into the Middle East with Appointment of Nadeem Sa’adeh as Regional Business Development Director
- 1 month 3 weeks ago
- People Moves
Muinmos, a market-leading client onboarding platform provider, is expanding its footprint into the Middle East with the appointment of Nadeem Sa’adeh as Regional Business Development Director. Based in the region, Nadeem Sa’adeh is the RegTech firm’s first hire in the Middle East, where he will play a key role in driving Muinmos’ growth strategy.
Asia-Pacific Financing Partnership Supporting MSMEs Focuses on Women and Climate Finance
- 1 month 3 weeks ago
- Payments
The Asian Development Bank (ADB) and the Mastercard Impact Fund, administered by the Mastercard Center for Inclusive Growth, announced a landmark partnership to promote financial inclusion and access for MSMEs across the Asia-Pacific region. The collaboration will leverage a US$ 5 million grant from the Mastercard Impact Fund to support up to US$ 1 billion of ADB financing to financial institutions for lending toward micro, small, and medium...
Ebury Opens New Office in Dublin to Meet Growing Demand from Irish Businesses
- 1 month 3 weeks ago
- Infrastructure
Ebury, the global financial technology firm, is delighted to announce the launch of a new office in Dublin, Ireland, in response to growing demand for Ebury’s services in Ireland’s dynamic and evolving market.
Experian and Nationwide Join Forces to Speed Up Mortgage Application Process
- 1 month 3 weeks ago
- Infrastructure
Mortgage applications are set to become speedier after Nationwide joined forces with Experian to automate the checks needed to verify a customer’s income. Through Experian’s Work Report™ income and employment verification service, Nationwide is able to digitally confirm homebuyers’ declared income instantly, removing the need for applicants to provide manual income proofs, such as copies of their payslips.
Offa Purchases Bank of Ireland’s Islamic Home Finance Portfolio
- 1 month 3 weeks ago
- Banking
Offa, the UK's leading Islamic property finance fintech, has acquired Bank of Ireland’s Alburaq Sharia-compliant home finance portfolio in a landmark deal utilising a unique funding structure, including more than 350 home purchase plans.
Private Markets Platform bunch Launches in the UK
- 1 month 3 weeks ago
- Infrastructure
Berlin-headquartered fintech bunch has launched in the UK, bringing its operating system for private equity and venture capital funds to the largest market in Europe. The move builds on a stellar year of growth for the company, which has tripled both its revenue and Assets under Administration over the past 12 months.
KPMG UK Joins FinTech Scotland
- 1 month 3 weeks ago
- Infrastructure
KPMG UK has joined FinTech Scotland, the cluster management organisation for fintech in Scotland. The two organisations will work closely together to help foster innovation, accelerate growth and drive technology adoption within the Scottish financial technology sector. KPMG UK’s commitment adds additional expertise to Fintech Scotland’s cluster continuing to develop Scotland’s leadership as a fintech cluster as well as supporting the firm’s...
20th Edition Connected Banking Summit Innovation & Excellence Awards 2025 – East Africa
- 1 month 3 weeks ago
- FinTech StartUps
The 20th Edition Connected Banking Summit Innovation & Excellence Awards 2025 is set to take place on March 12, 2025, in Nairobi, Kenya, bringing together key stakeholders from the banking, financial services, and insurance (BFSI) sectors to address the future of digital banking in East Africa.
Partior Welcomes Deutsche Bank as Strategic Investor
- 1 month 4 weeks ago
- Fundraising News
Partior, the blockchain-based fintech for real-time clearing and settlement, is pleased to announce that Deutsche Bank has joined its Series B funding round as a strategic investor, bringing the total investment to USD 80 million.
AlHuda CIBE Provides Shariah Certificate to Apex Takaful
- 1 month 4 weeks ago
- Islamic Finance
AlHuda CIBE has formally certified Apex Takaful, marking it as the inaugural Takaful operator in Uzbekistan. Apex Takaful has successfully launched a pioneering product that meets Shariah compliance requirements and has secured essential certification. The certification process conducted by AlHuda CIBE spanned one month, during which a thorough evaluation of Takaful contracts, operational agreements, and overall operational frameworks was...
74% of All Financial Product Sales in the UK Do Not Involve a Bank Branch – Kearney
- 1 month 4 weeks ago
- Banking
Leading consultancy Kearney has today released the latest data from its annual European Retail Banking Radar, revealing that 74% of all product sales in the UK do not involve a branch or human interaction, confirming that consumers overwhelmingly prefer to interact with financial institutions remotely.
Insurtech blip Expands Small Business Insurance Offerings with Professional Indemnity Cover
- 1 month 4 weeks ago
- Insurtech
blip, a leading provider of small business insurance, is excited to announce the launch of its Professional Indemnity Insurance, expanding its comprehensive range of coverage designed specifically for today’s entrepreneurs and professionals. This new offering reinforces blip’s dedication to safeguarding small businesses with tailored, flexible protection. Offering a policy which grows with businesses, where a £1mlimit costs less than £100.
Lending Standards Board Adds SME Lender iwoca to Business Standards Registration
- 1 month 4 weeks ago
- Lending
The Lending Standards Board’s (LSB) has announced iwoca, one of Europe’s largest SME lenders, as its latest firm to achieve full registration to the Standards of Lending Practice for business customers (‘the business Standards’).
CMA Issues Letter to Monzo About Breaching Parts 3, 7, 8, and 12 of the Retail Banking Order
- 1 month 4 weeks ago
- RegTech
Part 3 of the Order requires surveys to be carried out of Personal Current Account (PCA) and Business Current Account customers about the quality of service received from their provider. On 2 occasions Monzo published incorrect / out of date survey results.
