Top Stories

CRM Code for Authorised Push Payment fraud winds down having more-than trebled reimbursement rates, slashed average losses, and slowed scam growth 

Last month, the CRM Code, which has safeguarded customers from Authorised Push Payment (APP) fraud since 2019, will be replaced by a new framework from the Payment Systems Regulator (PSR). Overseen by the Lending Standards Board (LSB), the CRM Code covered...

Airwallex report reveals 92% of Aussie startups struggle with their financial operations

Airwallex, the Australia-founded leading financial platform for modern businesses, has released The Startup Financial Confidence Report which reveals the opportunities and business challenges facing Australian founders right now.  Further findings from the ...

Coreless banking provider XYB to modernise core banking with IBM 

XYB,  the leading Coreless Banking Platform business, has announced its plans to help banks modernise their core systems. XYB is working with global tech leader IBM to provide technologies and consulting expertise that can help financial services...

Backbase unveils Intelligence Fabric to unlock AI-productivity gains for banks

Backbase has announced a major expansion of the Engagement Banking Platform with the introduction of the Intelligence Fabric layer, a powerful set of data and AI infrastructure and development capabilities that are now natively embedded in the platform....

Kodak Alaris elevates government and financial data management with latest digitisation solutions

Kodak Alaris has announced its latest digitisation solutions tailored specifically for government and financial institutions. With the company’s state-of-the-art hardware and advanced scanning solutions, Kodak Alaris is set to revolutionise the way these o...

Kuwait’s largest building materials manufacturer has seen business efficiency soar while IT costs plummet following Nutanix migration  

The Middle East construction sector is booming and as a leading materials supplier to the region’s many iconic projects, ACICO Group runs its manufacturing operations like a well-oiled machine. As is now the case across industries, IT plays a pivotal role in e...

The Middle East is the fastest growing real-time payments market globally for the second consecutive year, finds ACI Worldwide Report

For the second consecutive year, the Middle East is the fastest-growing real-time payments market globally, according to the 2024 Prime Time for Real-Time report, published by ACI Worldwide, a global leader in mission-critical, real-time payments software,...

Is AI making us lazy?

Lethabo Lubisi, Corporate Affairs Director at EQPlus shares her thoughts on the debate.   Every time labour-saving technologies are introduced questions are raised about whether these negatively impact human motivation and productivity. The integration of A...

Identity-centric regulations driving innovation in Asia-Pacific’s financial sector

Ashley Diffey, Vice President Australia and New Zealand, Ping Identity, on the pivotal role played by identity in driving innovation within the APAC financial services sector. The Asia-Pacific region (APJ) stands out as a unique landscape for financial...

Bybit to serve as DMCC Ecosystem and Advisory Partner, providing strategic guidance

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the extension of its strategic partnership with Dubai Multi Commodities Centre, DMCC. After a year of successful collaboration, Bybit announcment includes its new role f...

Crypto.com receives payment service provider licence from Central Bank of Bahrain 

Crypto.com has received full approval to provide payment service provider (PSP) services from the Central Bank of Bahrain through its subsidiary registered in the Kingdom of Bahrain under the commercial name “FORIS GFS BH B.S.C. CLOSED”, adding to the com...

Kuwait’s Boubyan Bank selects Temenos to modernise retail, corporate and private banking platform

Temenos has announced that Boubyan Bank, the second largest Islamic bank in Kuwait, has selected Temenos to modernise its core banking systems. The bank is migrating to Temenos’ core banking platform for Retail, Corporate Banking and Wealth Management to e...