Top Stories

DCB Bank delivers secure services to customers with CyberArk 

CyberArk manages, rotates and secures thousands of secrets across hundreds of commercial and homegrown applications for one of India’s ‘new generation’ private sector banks.  India’s DCB Bank has chosen the CyberArk Identity Security Platform to augment producti...

Ukheshe rebrands to EFT Corporation to lead FinTech innovation and banking beyond tomorrow

In a bold step towards redefining the future of financial technology, Ukheshe has announced its official rebranding to EFT Corporation. The move consolidates Ukheshe’s pioneering digital solutions with EFT Corporation’s extensive reach and expertise under one...

Fraudulent banking transactions in the UK to total 38 million over next five years

A new study from Juniper Research has found the number of fraudulent banking and money transfer transactions in the UK will increase 111% over the next five years – from 4.2 million in 2024, to 8.8 million in 2029.  Despite the UK being one of the ...

Bitpanda MENA observes significant uptick in UAE’s crypto adoption

Bitpanda recently entered the UAE as Bitpanda MENA, it has long kept its finger on the regional market pulse preceding this expansion. Overseeing the company’s operations in the UAE and the wider region is Walid BenOthman, Managing Director of Bitpanda; he s...

Andrews Federal Credit Union partners with Blend to implement omnichannel deposit account opening solution 

Blend, a leading provider of digital banking solutions, has partnered with Andrews Federal Credit Union, the 4th largest credit union in Maryland with $2.6 billion in assets, to streamline deposit account opening for members.  “We saw an opportunity to e...

Dineo Crédito and Mambu join forces to revolutionise ethical digital lending in Spain

Dineo Crédito, a Spanish microlender that is part of the Cash Converters group, has entered a partnership with Mambu, a leading cloud banking platform. The move will see Dineo Crédito migrate from its in-house core system to Mambu, where it plans to launch i...

Mastercard strengthens customer security with new AI Cyber Shield 

Acquisition of Baffin Bay Networks enhances multi-layered protection against cyber-risk.  Mastercard has acquired cloud-based cybersecurity company Baffin Bay Networks to better help businesses deal with the increasingly challenging nature of cyberattacks.  B...

APAC cyberattacks up 15% in 2023: Surge in ransomware attacks a key driver 

One in 20 APAC organisations were hit by ransomware in 2023, with financial services as the fourth most targeted sector.  FS-ISAC, the member-driven, not-for-profit organisation that advances cybersecurity and resilience in the global financial system, has ...

Putting easy access to insurance at everyone’s fingertips: Dootrix announces strategic partnership with Confused.com  

Microsoft Azure specialist Dootrix, has announced a strategic partnership with Confused.com to streamline its mobile insurance app and provide a roadmap of new features to enhance the user experience.  Leveraging Dootrix’s digital and data technology c...

Prophix named leader in IDC MarketScape 2024 for mid-market enterprise planning, budgeting and forecasting 

Prophix, a leading innovator in financial performance management, has been named a Leader in the IDC MarketScape: Worldwide Enterprise Planning, Budgeting, and Forecasting Applications for Mid-Market Organizations 2024 Vendor Assessment. ...

Global Blockchain intelligence platform, Chainalysis, establishes regional HQ in Dubai 

Chainalysis, the Blockchain intelligence platform, has inaugurated its headquarters for Southern Europe, Middle East, Central Asia and Africa in Dubai. This move follows three years of exponential growth in the region for the company, as it has established...

Introducing S&P AI benchmarks by Kensho (Beta)

S&P Global announced the launch of S&P AI Benchmarks by Kensho. This innovative benchmarking solution assesses and ranks the quantitative reasoning abilities and expertise of large language models (LLMs) across the business and finance industry. The...