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Tarabut Gateway Partners with Visa to Accelerate Growth and Redefine Open Banking in MENA

Tarabut Gateway, the Middle East and North Africa’s (MENA’s) leading open banking platform, announces a strategic partnership with the global digital payment leader Visa. 

The two companies will collaborate on developing new products and solutions using open banking capabilities. The initial focus will be on creating data-driven offerings such as credit risk assessments, advanced analytics, and insights. Additional solutions anticipated will involve cross-border payments and lending. 

Tuesday, May 9, 2023 - 09:27
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/news/open-banking/tarabut-gateway-partners-visa-accelerate-growth-and-redefine-open-banking-mena
Financial IT
Bank of Valletta Adopts Resistant AI’s Anti-Money Laundering Product to Tackle Financial Crime and Meet Evolving Regulatory Expectations

Resistant AI, the AI and machine learning financial crime prevention specialists, today announces that Bank of Valletta, the largest bank in Malta, is to adopt its Transaction Forensics product for anti-money laundering (AML).

Tuesday, May 9, 2023 - 09:21
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/news/aml-and-kyc/bank-valletta-adopts-resistant-ais-anti-money-laundering-product-tackle-financial
Financial IT
Blackfinch Property Completes £2.3M Development Loan for Housing with a Sustainability Strategy in Worcestershire

Blackfinch Property, a rapidly growing agile lender to the UK property market, has provided £2.3m in funding to a special purpose vehicle (SPV) of Dunedin Homes for the development of seven new homes in Droitwich Spa, Worcestershire, each fitted with environmentally friendly features.

Tuesday, May 9, 2023 - 09:16
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/news/fundraising-news/blackfinch-property-completes-ps23m-development-loan-housing-sustainability
Financial IT
BIT and TON Foundation Collaborate to Strengthen Both Ecosystems

BIT, a leading professional digital asset exchange, has collaborated with the TON Foundation, a non-profit association of developers and enthusiasts that exists to advance The Open Network (TON).

Tuesday, May 9, 2023 - 09:10
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/news/blockchain/bit-and-ton-foundation-collaborate-strengthen-both-ecosystems
Financial IT
Revolutionizing The Future Of Banking: Industry Experts Convene At MEBIS 2023

On the 17th and 18th May at the Jumeriah Emirates Towers, Dubai, UAE, the financial industry will once again congregate at the 14th Edition of the Middle East Banking Innovation Summit (MEBIS).  

Tuesday, May 9, 2023 - 08:04
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/news/banking/revolutionizing-future-banking-industry-experts-convene-mebis-2023
Financial IT
LSEG Selects OpenFin for Delivery of LSEG Workspace to Customer Desktops

London Stock Exchange Group (LSEG) has selected OpenFin’s technology for its flagship LSEG Workspace platform. The partnership will leverage OpenFin’s secure zero-install delivery model and container technology to simplify distribution of LSEG’s next-generation data and analytics to customer desktops. 

Tuesday, May 9, 2023 - 07:55
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/news/infrastructure/lseg-selects-openfin-delivery-lseg-workspace-customer-desktops
Financial IT
Wolters Kluwer Offers Compliance Insights on Bank Failures

Wolters Kluwer, the Dutch tech firm which is home to award-winning regulatory and risk management businesses, is helping shed light on the likely causes behind several recent bank failures.

Tuesday, May 9, 2023 - 07:52
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/news/compliance/wolters-kluwer-offers-compliance-insights-bank-failures
Financial IT
XS.com Announces Wael Hammad Joins as Chief Commercial Officer

XS.com, the global fintech and financial services provider, has today announced that Wael Hammad has joined the brokerage as the new Chief Commercial Officer (CCO). Hammad has over a decade of experience in the financial services industry and will be reporting to Mohamad Ibrahim the firm's Group Chief Executive Officer (CEO).

Tuesday, May 9, 2023 - 07:50
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/news/people-moves/xscom-announces-wael-hammad-joins-chief-commercial-officer
Financial IT
Temenos Banking Cloud Reaches Record High Transactions and Scales Efficiently and Sustainably for Banking-as-a-Service

Temenos, today published new high-water benchmark performance results for Temenos Banking Cloud on Microsoft Azure and MongoDB Atlas infrastructure. The benchmark scenario simulated a client with 50 million retail customers, 100 million accounts and a Banking-as-a-Service (BaaS) offering for 10 brands and 50 million embedded finance customers on a single cloud instance.

Tuesday, May 9, 2023 - 07:47
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/news/cloud/temenos-banking-cloud-reaches-record-high-transactions-and-scales-efficiently-and
Financial IT
MAP FinTech and Tools for Brokers Announce an Integration Partnership

MAP FinTech and Tools for Brokers (TFB) are pleased to announce their partnership focusing on the integration of MAP FinTech’s reporting solution with TFB's Trade Processor liquidity bridge with the aim of enhancing the functionality of both firms’ offerings. 

Tuesday, May 9, 2023 - 07:41
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/news/management/map-fintech-and-tools-brokers-announce-integration-partnership
Financial IT

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