Central banks of UAE and India partner for cross-border CBDC testing
The central banks will conduct joint proof of concept and pilots of bilateral CBDC cross-border transactions.
The central banks will conduct joint proof of concept and pilots of bilateral CBDC cross-border transactions.
The receivables warehouse facility will help Tamara finance the accelerating demand for its flagship BNPL product.
Rain will make use of Tarabut’s open banking payment solutions to facilitate on and off-ramp transactions for users.
Goodrich will lead the data engineering, predictive analytics, credit risk and fraud functions across Ezra.
Through the partnership, Mashreq will leverage i2c’s SaaS platform to offer digital payments.
Almaeeli has held several senior roles at Sinnad, most recently as general manager for more than 11 years.
The integration allows banks to share standardised e-invoices with Saudi tax office Fatoora.
Longhini joins from Edmond de Rothschild where he was CEO of private banking.
Maher Loubieh, co-founder of Hala, says Paymennt’s product was a “clear fit” with their own strategy.
VARA says the new framework will offer “regulatory certainty”, giving market participants greater clarity.
The UAE is aiming to become a “financial and digital payment hub”.
Derek Lakin has more than 20 years’ worth of experience in the software industry.
Dubai Investments says the acquisition gives it a “unique opportunity” to move into the digital banking space.
The Dubai-based firm plans to use the funding to support its growth and expand its product line.
He describes his tenure at BSF as an “amazing four years” in a LinkedIn post about his departure.
Hadhramout Commercial Bank (HCB) is a new universal bank in Yemen.
40Seas offers financing for SMEs involved in global commerce.
Amex plans to “integrate Nipendo’s team, technology and capabilities” to boost its B2B payments offerings.
Mashreq Neo is the digital offshoot of UAE’s Mashreq – “a bank for a brilliant new world” – launched in 2017.
The Open Banking Lab will provide a technical testing environment to ensure compatibility with the country’s Open Banking Framework.
Fintech Galaxy will leverage Underlie’s open banking APIs expertise to speed up market penetration in Egypt.
Network’s new hire Sandeep Chouhan brings over three decades of experience working in consumer banking and payments.
The bank will utilise Codebase Technologies’ Digibanc platform.
Now Money provides mobile banking services to the financially underserved, including low-fee cross-border remittances.
Simon King joined as CCO in September while Aden Davies joins as head of product.
The ICS Banks Finance Leasing Solution is provided by regional banking tech vendor ICSFS.
Azentio says its iMAL platform will enable National Bonds to roll out Islamic products and services faster.
Moove intends to use the funding to scale to 2,000 EVs in the UAE over the coming year.
Tweeq leverages Paymentology’s Banking.Live platform and hopes to launch its app soon.
Shield plans to boost its growth in existing markets and expand into new ones, including the US.
With Moneythor’s solution, Tameed aims to enhance its purchase order financing offering with a loyalty programme.
Niven was responsible for developing and executing the bank’s company-wide “digital vision”.
The start-up offers investors access to more than 6,000 US stocks and ETFs.
The Dubai-based start-up wants to improve youth financial literacy, targeting the under-18s.
Invest Bank is one of the first in the UAE to adopt a full SaaS model for digital and core banking systems.
Two banks in Iraq and one in the UAE are implementing BML Istisharat’s ICBS core banking system.
MacLeod joined the bank in February 2020 following a three-year stint at Nordea.
The regulatory authority also says that the bank acted outside the scope of its DFSA licence.
The challenger says it chose Mambu’s API-led cloud platform to achieve a “faster” time to market.
Gelebart has spent the past 14 years working for digital financial services firms across Africa and Asia.