According to IDC research, 63% of CIOs in the Middle East have brought their digital roadmaps forward by at least one year as a result of the global COVID-19 pandemic. With digital acceleration in full swing, and many organizations now on their way to recovery, the IDC Middle East CIO Summit 2022 will explore the ongoing shift in priorities as it hosts some of the biggest names in ICT.

Banking Circle research reveals roadblocks stopping Banks and FinTechs futureproofing their organisations

bankingcircle.com

UK brands will claim lion’s share of £619 billion European embedded financial services market in the next five years

AstroPay, the global leader in online payment solutions, is pleased to announce that for the first time it is sponsoring a cricket team which will participate in the International Cricket Council’s T20 World Cup held in the United Arab Emirates and Oman from 17 October to 14 November 2021. The business has partnered with the Sri Lanka team for the global cricket tournament. 

The new platform allowing people to access better energy deals without paying commission

Bournemouth 

All good innovation is born from necessity and Digital Energy Revolution’s (DER) new energy platform is very necessary in a time of eye-watering wholesale price rises. 

 Milestone Group, the global fintech firm known for digital innovation in investment processing, today launched a new Fair Value Control solution. This new solution is for teams responsible for the administration and compliance of the fair value process and ensuring that funds’ securities are correctly valued in accordance with the policy set forth by their governing parties.

Goldman Sachs veteran Sheila Patel has joined the board of Antler, as the global early-stage venture capital firm continues its international expansion. With three decades of experience in financial asset management, Patel has become a global leader in the asset management industry. 

 LPA, the capital market technology and advisory leader, today announced the expansion of its United Kingdom office with two new hires: Peter Leech as Partner, Head of UK Consulting and Deniz Patel as Director, Head of UK Consulting and Software Sales.

Based in London, Deniz and Peter will work alongside Mark Reeves to grow the British business across services and solutions, building on LPA’s strong client base in continental Europe.

Identity verification solutions company Authologic partnered with open banking platform Nordigen to offer businesses a new way to check the identity of their clients online. Nordigen now connects to over 2,000 financial institutions across 31 countries.

Across both in-person and online payments, consumer demands have significantly increased. Easy, interconnected payment solutions are now expected, leaving merchants constantly looking for ways to provide a seamless checkout experience and increase revenues. One difficulty that merchants face is that cart abandonment is extremely high, with over two thirds of purchases cancelled before checkout. Some of these purchases are not completed due to frustration caused by the long or complex checkout process.