Zambia the south-Central African Country is ready to embrace the concept of Islamic Finance. Islamic Finance Industry potential is increasing day-by-day not only in Muslim-dominated markets, although in non-Muslim markets. It is a positive gesture towards the growth of Islamic finance industry in Africa. The Market Penetration for Islamic Finance is more in East and West Africa, then in Central Africa. In south part of Africa South Africa was the pioneer for Islamic finance in Africa and after Zambia has huge potential for Islamic finance.

Thirdfort, a client-risk management platform combining Know Your Client (KYC), Anti-Money Laundering (AML) and Source-of-Funds (SoF) verification, has been downloaded by more than one million users since its launch 4 years ago, or around 2.5% of all adult smartphone users in the UK.* The fast-growing app has seen notable growth in demand, fuelled by fears of fraud and money laundering, alongside Government efforts to encourage the use of digital ID tools.

AAZZUR, an innovative embedded finance integrator, has collaborated with Salt Edge, a leading open banking platform, to enrich its open banking offers and accelerate go-to-market for its clients.

The British Business Bank has agreed an initial £75m ENABLE Guarantee with Cynergy Bank.

The guarantee will cover a portfolio of term loans secured, within the commercial real estate sector (e.g. hotels or care homes) and has the potential to be increased to £150m, resulting in up to £70m of additional lending capacity to small businesses.

As one of five selected companies by the European Central Bank (ECB), Worldline, a global leader in payment services, is proud to announce its participation in the offline digital euro front-end prototype testing, as part of the ECB investigation exercise.

OneID®, the UK-based digital identity company, has today announced it has teamed up with HR tech and fintech firm, Avvanz, to enable frictionless employee screening and onboarding using identity technology.

Murex, the global leader in trading, risk and processing solutions for capital markets, is pleased to announce that its integrating MX.3 platform can now be connected with the London Stock Exchange Group (LSEG) Real-Time – Optimized solution when MX.3 is hosted on Amazon Web Services.

Real-Time – Optimized provides financial firms with fast and simple access to real-time market data from hundreds of exchanges and OTC markets around the world via the cloud.

TS Imagine, the leading global, cross-asset provider of trading, portfolio, and risk management solutions for financial institutions, is pleased to announce the appointments of Stephanie Cheung and An Hoong to its team in the Asia Pacific (APAC) region. Both bring highly relevant experience from previous roles at Enfusion and will be key to TS Imagine’s growth and business development plans in the APAC market.

Leading online pension provider, PensionBee, today launches its new protection insurance offering in partnership with the UK’s leading tech-driven life protection specialist, LifeSearch. 

Fintech Week London, the must-attend event for the fintech industry, has announced an impressive line-up of speakers for its flagship conference on 19 to 20 June, with Rajesh Agrawal, Deputy Mayor of London for Business, and, Economic Secretary to the Treasury, Andrew Griffith MP, among the influential voices taking to the stage.