Top Stories

57% of organisations take weeks for infrastructure access to be approved 

strongDM, the company behind a People-First Access Platform, has released the results of its latest survey, the 2022 Access-Productivity Gap Report, which revealed that almost two-thirds of organisations have their productivity impacted on a daily or weekly b...

Habito reveals an increase in mortgage fraud detection with Resistant AI solution

Resistant AI, an AI and Machine Learning financial crime prevention specialist, has announced that Habito, an online mortgage broker and lender, has reported a 30% increase in mortgage fraud detection following the implementation of its Document Forensics...

Industry experts predict Brazil will be a global leader in Open Banking

An Open Banking Excellence Campfire shone a light on payment initiation in Brazil and addressed the topic of the country’s Open Banking ecosystem. Guests included representatives of Mastercard, Brazil’s Central Bank and Itaú Unibanco. Brazil’s Open Banking and fi...

Gartner highlights seven disruptions CIOs might not see coming

CIOs must take time to consider ‘what if’ scenarios to avoid being blindsided by social, behavioural and technological disruptions, according to Gartner. Speaking at Gartner IT Symposium/Xpo in Australia, David Yockelson, VP analyst at Gartner, said many dis...

How do we govern the ungovernable in the metaverse?

The emergence of the metaverse presents a wild west for regulation. Nick Aronson, VP, Capital Markets, APAC, FIS, discusses the challenges and methods to tackle them as the metaverse is built. The concept of the metaverse represents a multitude of...

Payment Fraud Intelligence expands the Recorded Future Intelligence Cloud

Recorded Future, the intelligence company, has announced the expansion of its Intelligence Cloud with Payment Fraud Intelligence, a single source of truth for identifying, mitigating and preventing payment fraud. Payment Fraud Intelligence enables those...

Dubai Police to rollout second NFT collection during GITEX 2022

As many as 22.91 million people from all over the globe registered their interest in getting Dubai Police’s first collection of non-fungible tokens (NFTs), which was released by the Dubai Police General Command during the second quarter of 2022....

A stats-based approach to hybrid work in the financial sector

A flexible office environment can better align employee needs and business goals, but the financial and banking sector seems to be reverting to old habits and rallying for in-office presence. Ekta Puthran, MEA Lead – Collaboration, Barco, takes a l...

Nutanix helps financial services organisations in Middle East reimagine their cloud journey

Many FSIs make the mistake of layering piecemeal cloud solutions on infrastructure in an attempt to achieve functional goals. Nutanix has detailed organisations’ relationship with the cloud and how the company is aiding them on this journey. Nutanix, a l...

Ajman Bank launches Mastercard Touch Card

Mastercard and Ajman Bank have strengthened their commitment to inclusion through a new initiative designed to expand access to the digital economy. Touch Card is an accessible payment card that will allow blind and partially-sighted people to easily...

Carbon transforms into a full-service bank on Mambu

Carbon Finance, a Pan-African microfinance bank, has announced it has extended its partnership with Mambu to continue growing its financial services offering and accelerate expansion. The agreement enables Carbon to offer the full-spectrum of...

Grey raises US$2 million to simplify cross-border payments across Africa

Grey, a FinTech started to simplify sending and receiving foreign payments for Africans, has raised US$2 million in seed funding. The service offered by Grey enables its customers to have virtual international bank accounts for free and enjoy a seamless...