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Arab Financial Services Secures $50 Million Capital Injection

Arab Financial Services (AFS), a pioneering digital payments solutions provider and fintech enabler in the Middle East and Africa, has raised $50 million in capital. This strategic investment, approved by AFS shareholders at an Extraordinary General Meeting earlier this year, will significantly enhance the company's financial position and catalyze its ambitious growth plans.

Tuesday, October 22, 2024 - 14:42
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Financial IT
Doha Bank And Nium Partner To Introduce Real-Time Cross-Border Payments In Qatar

Nium, the leading global infrastructure for real-time cross-border payments, is thrilled to announce its strategic partnership with Doha Bank, a premier financial institution in Qatar. This collaboration marks Nium's inaugural partnership in Qatar, underscoring its commitment to revolutionizing the landscape of international payments. 

Tuesday, October 22, 2024 - 14:37
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Financial IT
Reimagining BaaS: Kotapay Unveils Kavinu
Kotapay, a division of First International Bank & Trust (FIBT), today announces the launch of Kavinu
Tuesday, October 22, 2024 - 14:32
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/news/cloud/reimagining-baas-kotapay-unveils-kavinu
Financial IT
TBC Uzbekistan Announces Strategic Partnership With Visa

TBC Bank Uzbekistan, the country’s largest mobile-only bank, announces its long-term strategic partnership with Visa, set to broaden and expand its global payments and money transfers infrastructure. 

Tuesday, October 22, 2024 - 14:23
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Financial IT
Cohesity Enhances Gen AI Capabilities With Advanced Visualization Tool And Expanded Data Sources For Cohesity Gaia

Cohesity, a leader in AI-powered data security and management, today introduced a patent-pending visual data exploration capability to Cohesity Gaia, its first-to-market AI-powered search assistant launched earlier this year. By providing customers with a visual categorisation of the themes across documents and files within a data set, the visual data explorer brings new context to the data and suggests queries that help users gain insights faster. 

Tuesday, October 22, 2024 - 14:09
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Financial IT
Spendesk Launches First Fully-Integrated Procurement And Spend Management Tool For European SMBs

Spendesk, the complete spend management platform, today announces the launch of its Procure-to-Pay solution, positioning Spendesk as the first European platform  to fully integrate procurement and spend management

Tuesday, October 22, 2024 - 12:32
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/news/personal-finance/spendesk-launches-first-fully-integrated-procurement-and-spend-management-tool
Financial IT
OneID® And Equifax Create New Solution To Streamline Customer Onboarding

Equifax UK has partnered with digital identity provider OneID® to integrate Equifax’s Apply+ to create an award-winning solution which helps overcome the persistent challenge of customer identity verification and application abandonment in credit journeys. 

Tuesday, October 22, 2024 - 12:22
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Financial IT
HSBC To Expand Trade Finance Solutions To Support Rapid Growth In E-Commerce

HSBC is seeking to expand the trade financing solutions on offer for businesses trading on e-commerce platforms in mainland China and Hong Kong, following the successful launch of the bank’s collaboration with Dowsure Technologies.

Through the seamless integration of Dowsure’s e-commerce data solution with HSBC’s banking solutions, the partnership has benefitted those SMEs facing challenges in securing trade finance.

Tuesday, October 22, 2024 - 11:57
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/news/trading-systems/hsbc-expand-trade-finance-solutions-support-rapid-growth-e-commerce
Financial IT
Half of European and US Consumers Now Want Greener Services from Banks, and Many will Switch Provider to Get Them

Consumers are increasingly looking to banks, insurers and other financial providers to help them make more ethical and environmentally conscious decisions around their finances, new research finds.

Commissioned by CRIF, Europe’s leading provider of consumer and credit information, and published ahead of November’s COP29 meeting of world leaders, the research finds European and US consumers are making increasingly climate conscious decisions in their lives.

Tuesday, October 22, 2024 - 11:36
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Financial IT
MeaWallet Partners with Toqio to Expand its Digital Card Capabilities

MeaWallet, a leading digital payments enabler specialising in card tokenization, proudly announces its partnership with Toqio, a leading technology pla

Tuesday, October 22, 2024 - 11:26
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/news/payments/meawallet-partners-toqio-expand-its-digital-card-capabilities
Financial IT

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