New research from GoCardless, the bank payment company, reveals that mortgage lenders have a long way to go to keep their customers happy. 41% of British consumers believe lenders are relying on “outdated” methods to assess mortgage affordability, rising to 48% of those who have purchased a property within the last 12 months. 

First-time buyers and the self-employed are most disillusioned

Tarabut Gateway, MENA’s leading open banking platform, unveils its brand refresh, ushering in a new era as “Tarabut.” The brand refresh reinforces the company’s unique positioning in redefining open banking and connecting the entire financial ecosystem to create an accessible, personalised, and interconnected financial landscape.

Safexpay, a leading digital payments company, announces the expansion of its tailored suite of payment solutions in three key GCC (Gulf Cooperation Council) countries- Saudi Arabia, Qatar, and Oman to cater to the unique needs of businesses and consumers in the region. This strategic move represents a significant step forward in Safexpay's mission to reshape the future of payments, solutions and foster innovation in these dynamic Middle Eastern markets.

Resistant AI, the AI- and machine learning-powered financial crime prevention specialists, today announces that Silverbird, the digital alternative to traditional banking making business payments borderless, limitless and affordable for international merchants, has adopted Resistant AI’s Document Forensics to secure its customer

AlHuda Center of Islamic Banking & Economics (CIBE) and the Zimbabwe Association of Microfinance Institutions (ZAMFI) are pleased to announce their collaboration in hosting a specialized two-day training workshop on "Islamic Banking, Finance & Islamic Microfinance." The training is scheduled to take place on October 10th and 11th 2023, in Harare, Zimbabwe.

Bank ABC has announced the launch of ABC Trade, a unique cloud-based, digital platform powered by Swiss market-leading technology provider, Komgo SA, offering clients an enriched product suite for Documentary Trade. 

As generative AI tools continue to expand, new doors are being opened for fraudsters to exploit weaknesses. Have you experimented with generative AI tools like ChatGPT yet? From beating writer’s block to composing ad copy, creating travel itineraries, and kickstarting code snippets, there’s something for everyone. Unfortunately, “everyone” includes criminals.

Fraudsters are always looking for a vulnerability they can exploit, and broad economic trends are no exception. Economic uncertainty has become a prevalent concern in society, impacting various sectors such as industry, vertical, geography, and more. Whilst some of these are negatively impacted, others may experience a more positive outcome. Nevertheless, the common theme of uncertainty runs throughout, specifically when it involves online fraud.

Cross-border payments company bridge21 announced its partnership with Bitso, the leading Financial Company powered by Crypto in Latin America, to expand their support for local payments from the US, throughout Latin America.

Leading digital compliance provider SmartSearch has added a new ‘risk assessment’ solution to its recently enhanced platform.

To prevent inconsistency when assessing subject risk, the service will significantly reduce the amount of time it takes to collect information, evidence compliance and ensure better decision-making.