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The first day of the 16th Annual Middle East Banking Innovation Summit (MEBIS 2025) concluded today at the Jumeirah Emirates Towers, bringing together over 400 senior bankers, technology experts, and innovators to explore how artificial intelligence, digital trust, and customer-first strategies are transforming financial services across the region. The morning opened with a fireside chat…
Vipps MobilePay and Tink, A Visa Solution, today announced a new partnership under which Vipps MobilePay will use Tink’s Pay by Bank to power peer‑to‑peer (P2P) payments in Finland. The solution was recently rolled out and all Finnish MobilePay customers can now add and use all their Finnish bank accounts in MobilePay through Tink’s solution….
Pegasystems (NASDAQ: PEGA) has launched Pega Smart Investigate Agentic Automation, a new edition of its payment exceptions and investigations solution. The platform is the first to combine embedded agentic AI with native support for the latest SWIFT ISO 20022 standards, enabling banks to resolve cases more quickly while lowering operational costs. The solution addresses rising volumes…
WealthBlock, the AI-powered platform transforming how private fund managers raise capital and manage investors, today announced the appointment of William McNeil as Chief Revenue Officer and General Counsel. McNeil will lead the company’s revenue growth strategy while supporting its mission to help private funds, GPs, RIAs and family offices modernize their investor experience with AI-powered…
Qasemi Islamic Microfinance Bank (QIMB) and [www.terrapay.com]TerraPay, a global money movement company, today announced a strategic partnership at Money2020 Middle East. The partnership is to enable digital payouts in USD and SAR to all bank accounts and mobile wallets across South Yemen.Through a single integration with TerraPay, QIMB will receive international inbound payments from banks, and…
Compass Plus Technologies, a global provider of retail banking and payments software, today announced the launch of FraudAxis, its next-generation fraud management platform designed to help financial institutions detect, prevent, and predict fraud in real time across all payment channels. Built on modern, microservices-based architecture, FraudAxis is a hybrid solution thatcombines rule-based analysis with adaptive machine learning models,…
Marqeta’s sixth annual State of Payments Report shows widespread interest in smarter payment platforms to unlock small to medium-sized business (SMB) growth and meet growing consumer demands amidst ongoing economic pressures. The annual State of Payments report expanded this year to survey a total of 1,000 SMBs along with 3,000 consumers across the US and UK, finding…
A new survey of 200 anti-money laundering (AML) professionals at US mid-size and community banks reveals a growing gap between confidence and capability in the fight against financial crime. The research, conducted by Quantexa, a pioneer in Decision Intelligence for enterprises and public sector and a leading global provider of financial crime solutions for the global…
TreviPay, a fully managed B2B payments platform, has collaborated with Walmart Business to launch the next phase of the retailer’s Pay By Invoice program. The program enables eligible business customers to access a line of credit with 30-day net terms, powered by TreviPay’s next-generation payments and A/R automation technology. The offering is available for purchases online, in…
Newland Payment Technology (NPT), a global leader in the supply of high-performance digital payment terminals, today announced the launch of its S90 Android SmartPOS series. The new range – S90, S90 Pro, and S90 Ultra – delivers advanced performance and flexibility for merchants worldwide, with the Ultra version supporting 5G connectivity for markets where high-speed…
Finastra, a global leader in financial services software, today announced the availability of new functionality within Fusion Invest to serve the specific needs of annuities carriers. Enhancements include the automation of dynamic hedging of annuity contracts, providing greater transparency and operational efficiency for both traders and risk management teams. Fusion Invest combines all aspects of portfolio management…
PXP, the omnichannel global payment platform, has launched Checkout Components, a new enterprise-grade solution that addresses one of ecommerce’s biggest challenges: customers abandoning their purchases at the final hurdle. The solution gives businesses complete control over how payments are presented, processed, and optimised across desktop and mobile platforms. Built specifically for medium to large businesses…
