The two-day Middle East Banking Innovation Summit featuring 20+ presentations, over 30 speakers and more than 450 attendees came to a successful closure on Tuesday. The 5th edition of this summit reiterated its position as the leading platform in the Middle East region for the bankers to engage in idea sharing on trends and technological innovations driving the industry. The summit commenced with premium sponsors Visa, Schneider Electric and IBM welcoming attendees to see the latest developments, develop new business opportunities and discuss pressing industry issues and challenges.

 Tipalti (http://www.tipalti.com), provider of the leading global payments management platform, has fully integrated the first-ever intelligent Form W-8 collection solution into its platform.  The solution helps U.S. companies automate the accounts payable (AP) process by both paying suppliers who are nonresidents, foreign alien or entities while ensuring W-8 tax form compliance.

Official statistics for June 2015 released by the BBA reveal a continued demand for personal loans over the past two years.[1] On the surface, the news that UK consumers are borrowing again suggests increased confidence in the economy. At the same time, average household debt remains high at £55,083

 Sysomos, the social intelligence company powered by data science, has acquired gaz

The World Islamic Banking Conference (WIBC), considered by many as the Islamic financial services industry’s compass for over two decades, continues to live up to its reputation after officially announcing today that its 22nd annual edition will provide industry leaders with a unique opportunity to critically assess Islamic finance’s 40-year history.

Today, NOREXECO ASA is set to start exchange services for the pulp and paper industry, becoming the world´s only derivatives exchange for this sector.

Kashing! an all-in-one solution for payments everywhere, is proud to announce a new partnership with online booking and management provider Guestlink.

The multi-year deal worth £50 million, provides Guestlink’s client base of Boutique Hotel and BnB managers with the ability to access all modes of payments including ecommerce, mcommerce, MOTO and face to face facilities.

Globally, the inclusion of Liquidity Risk as the fourth dimension in Basel reporting has resulted in an increased focus on Liquidity Reporting and its alignment to the LCR framework. The Basel Committee for Banking Supervision (BCBS) has specified two key metrics to measure the health of financial institutions from a liquidity perspective – LCR (Liquidity Coverage Ratio) and NSFR (Net Stable Funding Ratio).

ACE Software Solutions (ACE), a leading global provider of intelligent financial transaction management and sanctions compliance technology for banks and corporates, has today announced a solution for corporates to help manage sanctions risk  to protect against financial loss and reputational risk. The new solution, Pelican Sanctions is being unveiled at Eurofinance 23-25 September, Copenhagen, Denmark.