Global analytics software leader FICO announced today that Network International LLC (NI), headquartered in Dubai, has helped banks in the Middle East and Africa help prevent fraud using a cloud-hosted version of the industry-leading FICO® Falcon® Fraud Manager.

IDEX Biometrics has appointed Catharina Eklof as the new Chief Executive Officer, effective as of today.  

Catharina Eklof has for the last three years served as Chief Commercial Officer for IDEX Biometrics and has been instrumental in the transformation from a component provider to a full biometric solution company.

Mesh, the modern connectivity layer for crypto that makes payments and deposits seamless, today announced a new investment by QuantumLight, the innovative venture capital firm founded by Nik Storonsky, the CEO and founder of global financial superapp Revolut, which recently reached 45 million users in June 2024, establishing itself as one of the leading tech companies across the globe.

Raise, a leading payments provider and innovator in the global gift card industry, today announced the acceptance of crypto as a form of payment in the Raise App. In support of its mission to integrate cryptocurrency into everyday commerce through gift cards, over six million Raise App users can now shop using digital currencies at over one million in-store and online retailers.

allpay, a leading payment services provider in the UK, is delighted to announce the appointment of Matt Marskell as Sales and Marketing Director (Non-Board) to its leadership team.

Nomentia, a European leader in treasury and cash management solutions, is becoming one of the first vendors to provide Swift's Business Connect service to its current and future clients. This service empowers Nomentia clients with seamless Swift connectivity, supported by Nomentia's dedicated and comprehensive onboarding process.

FIS®, a global leader in financial technology, today announced that it is unlocking the Neural Payments solution to its clients, expanding the availability of peer-to-peer (P2P) payments by leveraging the company’s global scale and NYCE debit rails to bring this capability to a wider range of institutions.

Diebold Nixdorf, a world leader in transforming the way people bank and shop, announced today that it is the first ATM solution provider ready to support the Microsoft® Windows 11® IoT Enterprise LTSC 2024 operating system. This is the first long-term support channel version of Windows 11 IoT Enterprise Edition.

Revolut, the global financial technology company with over 45 million customers worldwide, has signed agreements with a group of leading technology investors to provide liquidity to employees through a secondary share sale at a $45 billion valuation.

The year 2024 has presented small and medium enterprises (SMEs) with a series of daunting challenges. The global business landscape is marked by economic uncertainty, evolving consumer behaviour, and rapid technological advancements, all of which are contributing to a volatile environment.