Earnix, the market-leading provider of mission-critical cloud-based intelligent real-time, dynamic pricing and rating solutions for insurers and banks, announced it is appointing insurance and fintech industry veteran, Robin Gilthorpe, as its new Chief Executive Officer effective February 1, 2023. Mr. Gilthorpe will be taking over the helm from Mr. Udi Ziv, who served as the […]

In a nationwide first, National Bank of Fujairah (NBF) has announced the introduction of CVVkey™, a proven solution to online card fraud that can be used across all credit and debit cards issued by the bank. CVVkey™ will be a key element in NBF’s efforts to improve cybersecurity across its operations and protect its customers […]

Volante Technologies, the global leader in cloud payments and financial messaging, today announced it has won the 2022 MEA Finance Industry Award for ‘Best Cloud Payments Provider’. This is the second year in a row that Volante has received this award for their contribution to the advancement of the banking industry in the Middle East and Africa (MEA) regions, […]

Sohar International’s digitalization journey aligned to the national digitalization agenda, has reaped the bank the coveted ‘Best Digital Bank’ title at the TAS Business Awards. The award recognized Sohar International’s impressive digital growth trajectory that caters to the retail and corporate worlds while applauding its strong resilience and continued commitment to Oman Vision 2040. The […]

Bupa Arabia for Cooperative Insurance has signed a one-year agreement with Saudi National Bank (SNB) the leader in the banking industry, under which it will provide health insurance services to the bank’s employees and their families. Bupa Arabia said it received SNB’s approval for the contract on Dec. 18. The leading health insurer expects the […]

With a keen focus on offering innovative Islamic retail banking products and services, Faysal Bank Limited (FBL) has been at the forefront of setting new benchmarks in the Islamic retail banking industry in Pakistan. In recognition of the bank’s continued efforts, Faysal Bank was recently conferred the prestigious title of Best Islamic Retail Bank in […]

Shaikha Al-Bahar, Deputy Group CEO at National Bank of Kuwait, received “Distinguished Services to Arab Banking Award 2022” from the Arab Bankers Association (ABA) in recognition and appreciation of her dedicated efforts and outstanding contributions to the growth of the Arab banking industry. Lord William Russell, the former mayor of the City of London, presented […]

Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc., announced a buy now, pay later (BNPL) solution with issuance of single-use virtual cards and complete loan servicing. Banks and fintechs will have access to the customizable Galileo Buy Now, Pay Later solution, offering them easy entry into […]

FOO, an award-winning provider of B2B SaaS solutions, has signed an agreement with Network International – the leading enabler of digital commerce across the Middle East and Africa (MEA). By combining their technology and expertise, the two companies will streamline the transformation of incumbent financial institutions into innovative and agile players through an out-of-the-box digital […]

SAMA announces the issuance of the Open Banking Framework as one of the key outputs of the Open Banking Program, which includes a comprehensive set of legislation, regulatory guidelines and technical standards based on international best practices to enable banks and fintechs to provide open banking services in the Kingdom. The first version of the […]