GoLogiq, Inc., a U.S.-based global provider of fintech and consumer data analytics, has signed a definitive share exchange agreement with GammaRey, Inc., a privately-held fintech ecosystem for the New World Digital Economy.  

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Xalq Bank, one of the leading banks in Azerbaijan, has launched new XalqKart PETROL and CASHBACK cards using solutions from Compass Plus Technologies, an international provider of retail banking and electronic payments software. The cards were created to reward Xalq Bank customers for making transactions using the programs.

Zodia Custody, a leading crypto asset service provider, today announced the appointment of Julian Sawyer as its Chief Executive Officer (“CEO”). Julian joins Zodia Custody’s leadership team as the company continues accelerating its growth plan into 2023 and beyond.

Manafa, the leading debt and Investment company, announced the closing of its Series A round of SAR106 million ($28 million) led by STV and Wa’ed Ventures, the venture capital arm of Saudi Aramco.

As publicised in the Dubai Financial Services Authority’s (DFSA) media release on 27 January 2022, the DFSA on the same day published its Decision Notice against Mr Arif Naqvi, Abraaj’s founder and former CEO, for his serious failings in respect of the Abraaj Group.

YES BANK announced that it has partnered with Microsoft to bring forth a next-generation mobile application (app) with a view to providing customers with a personalised banking experience. YES BANK will leverage Microsoft’s Azure platform to create the app which will offer customers - a host of services such as online payments, shopping, rewards, offers, as well as customized dashboards, in addition to traditional banking functions.

Swift today announces the appointment of Stephen Grainger as the Chief Executive for Americas & UK Region. Grainger was most recently Executive Vice President at Mastercard, leading the development and commercialisation of its global Cross-Border Services business, servicing banks, digital platforms, and non-bank financial institutions (NBFIs).

Intellect Design Arena Ltd, a cloud-native, future-ready multi-product FinTech company for the world’s leading financial and insurance clients, went live with its front office solution, RM Office Lite, at one of India’s largest private banks. The solution was earlier deployed at two of the bank’s international booking centres; this implementation is now live at one of India’s potentially major financial centres -  Gujarat International Finance Tec-City (GIFT City).

The global ID verification, compliance, and fraud prevention startup iDenfy, partnered with mano.bank, the Lithuanian-based specialized bank. iDenfy helps mano.bank swiftly onboard trusted customers with a smooth four-step ID verification process.