The 15th edition of the Middle East Banking Innovation Summit (MEBIS) concluded last week with great success, bringing together leading industry figures, innovators, and experts to explore the transformative impact of artificial intelligence (AI) and digital transformation in the banking sector. With a focus on enhancing customer experience, security, payments, and the rapidly evolving landscapes of Open Banking and Open Finance, the event showcased cutting-edge solutions and sparked insightful discussions.
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Gulf Capital Investment Company “InvestGB,” the wholly-owned investment arm of Gulf Bank, is pleased to announce a strategic partnership with Avaloq, a global leader in private banking, wealth, and investment management technology services. This partnership marks a significant step in enhancing InvestGB’s wealth and investment management capabilities, delivering a streamlined and state-of-the-art client experience.
The Payments Association, the most influential community in payments, has today launched
GRENKE, a global Financial Services provider, is saving more than 12 hours each week in the monitoring of its database systems.
Arcapita Group Holdings Limited, the global alternative investment firm, and Dgpays, a leading financial infrastructure technology provider in the EMEA region, (together in equal partnership, the “Consortium”) and Mashreq, one of the UAE’s leading financial institutions, jointly announced today the Consortium’s agreement to acquire a majority stake in NEOPAY, the UAE’s fast-growing payment solutions provider, while Mashreq retains a significant minority interest.
BlackRock, the leading global investment manager, announced it was joining FinTech Scotland, the cluster management organisation for the fintech sector in Scotland. The announcement comes as BlackRock continues to develop local knowledge and talent as it expands in Scotland.
Finastra today announced that First Pacific Bank, a Southern California-based community bank that offers custom financial solutions for individuals and businesses, has selected Finastra Payments To Go
Newton Property Management has expanded its existing relationship with bank payment company GoCardless by adding Instant Bank Pay, its open banking-powered payment feature, to the Direct Debit functionality it uses already.