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Arab Bank and Mastercard Launch Cross-Border Payments Services “RemitEx” in Jordan

Arab Bank and Mastercard announced the launch of cross-border payment services “RemitEx.  The new collaboration leverages Mastercard's Cross-Border Services platform to provide a remittance product that will enable Arab Bank’s customers to make faster, safer, and full-value transfers without fees for the recipient.

Monday, January 22, 2024 - 11:23
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Financial IT
Mastercard and Abu Dhabi Global Market Partner to Empower UAE’s Dynamic SME Community

Mastercard and Abu Dhabi Global Market (ADGM) have announced a collaboration to fuel the growth of the booming small and medium enterprise (SME) sector in Abu Dhabi and the wider UAE by digitalizing SME payment flows. The partnership will empower SMEs to meet their growth potential through Mastercard’s technologies and resources.

Monday, January 22, 2024 - 11:20
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/news/payments/mastercard-and-abu-dhabi-global-market-partner-empower-uaes-dynamic-sme-community
Financial IT
Nemetschek Group Invests in US-based Financial Automation Platform Briq

The Nemetschek Group, one of the leading software providers for the AEC/O and media industries, today announced its investment in the US-based start-up Briq, a data-driven, collaborative financial automation platform for the construction industry. The investment further expands the Nemetschek Group's venture strategy of driving efficiency and innovation in the industry.

Monday, January 22, 2024 - 10:27
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/news/investment/nemetschek-group-invests-us-based-financial-automation-platform-briq
Financial IT
Third Phase of British Business Bank’s Recovery Loan Scheme Offers £1B of Lending to UK Smaller Businesses

The British Business Bank announces today that the third iteration of its Recovery Loan Scheme (RLS) has supported £1bn of finance offers to smaller businesses since its launch in August 2022.

Monday, January 22, 2024 - 10:19
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Financial IT
Iress Xplan to Underpin Mattioli Woods’ Transformation

Iress has today announced it has been selected by Mattioli Woods Plc as its service and technology partner to support future growth. Iress’ advice software Xplan will be deployed across the whole of Mattioli Woods wealth management business, including employee benefits. A phased implementation is well underway, with nine offices having migrated onto Xplan since June this year with the final office to complete in 2024.

Monday, January 22, 2024 - 09:58
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/news/wealth-management/iress-xplan-underpin-mattioli-woods-transformation
Financial IT
PayPoint Wins DVLA Contract for International Driving Permits

PayPoint is pleased to announce that it has been awarded the Driver & Vehicle Licensing Agency (DVLA) contract for providing International Driving Permits across its extensive network of retailer partners across the UK.

Monday, January 22, 2024 - 09:41
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/news/payments/paypoint-wins-dvla-contract-international-driving-permits
Financial IT
Mashreq Partners with UAE Fintech Fils to Launch Carbon Offsetting Services for Corporate Clients

Mashreq, one of the leading financial institutions in the MENA region, has signed a Memorandum of Understanding (MoU) with the UAE-based fintech firm, Fils, to develop a corporate carbon offsetting offering that

Monday, January 22, 2024 - 09:36
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/news/infrastructure/mashreq-partners-uae-fintech-fils-launch-carbon-offsetting-services-corporate
Financial IT
Libyan Islamic Bank Forges New Partnership with Backbase to Enhance Digital Customer Experience

To streamline its customer service operations and enhance its customers’ digital banking experience, Libyan Islamic Bank (LIB) has partnered with Backbase, the renowned expert in engagement banking platform solutions worldwide. Established in 2017 with a primary focus on retail and corporate segments, LIB has been a steady presence in the financial landscape of Libya, abiding by the principles and legislations of Islamic Sharia.

Monday, January 22, 2024 - 09:30
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Financial IT
North Star Mutual Deploys Kalepa's Copilot

Insurtech leader Kalepa announced today that North Star Mutual Insurance Company has deployed Kalepa’s award-winning Copilot underwriting platform.

North Star Mutual initially deployed Kalepa’s Copilot in June of 2023 to enhance their underwriting across property, liability, and umbrella lines of business. Since that time, underwriters have valued how Copilot’s risk analysis helps them write core business such as service risks, retail operations, restaurants and churches more profitably than ever before.

Monday, January 22, 2024 - 09:23
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/news/insurtech/north-star-mutual-deploys-kalepas-copilot
Financial IT
Here Are The Winners of The UF AWARDS MEA 2024

The prestigious UF AWARDS MEA 2024 were presented at an exclusive ceremony on January 17th during iFX EXPO DUBAI 2024. 

Monday, January 22, 2024 - 08:57
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/news/fintech-startups/here-are-winners-uf-awards-mea-2024
Financial IT

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