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Adib to help lead ‘open banking’ revolution for the UAEAbu Dhabi Islamic Bank (Adib), a leading Islamic financial institution, has launched its first Application Programming Interface (API) developer portal, allowing fintech developers to use Adib APIs. The new Adi More… |
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M2P Solutions partners with Canada’s Buckzy PaymentsM2P Solutions, a financial services API platform in the Middle East and Asia, has entered into a strategic partnership with Buckzy Payments, a Toronto-based global fintech delivering industry-leading payment solutions. M2P’s More… |
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Finastra, Salt Edge partner for personalised bankingFinastra has partnered with Salt Edge to improve the speed of compliance with the Payments Service Directive 2(PSD2) and other global Open Banking standards, for banks and Electronic Money Institutions (EMIs) worldwide. The integr More… |
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EMEA sees 945% spike in security attacks in 2 yearsThe Europe, Middle East and Africa (EMEA) region experienced the biggest jump in its percentage of Denial-of-Service (DoS) incidents since 2018, rising from 2.2% to 23% in 2020, representing a 945% spike, making it the second most targeted regio More… |
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Custom integrations ‘costing firms $3.5m in labour’IT teams are spending over a third of their time on integration projects, and custom integrations are costing large enterprises on average $3.5 million each in annual labour, a report said. As digital initiatives accelerate, More… |
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Schneider introduces new public APISchneider Electric, a leading player in digital transformation of energy management and automation, has announced that it has released a public API (application programming interface) for cloud-based software EcoStruxure IT Expert. More… |
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Bahrain’s Aion named ‘most innovative’ at FinTech ADBahrain-based fintech firm Aion Digital has been named “one of the most exciting and innovative fintech startups across the globe” at the recently held FinTech Abu Dhabi, a leading event for the financial technology industry in Mena. More… |
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SWIFT publishes API standard for funds pre-authorisationSWIFT, the world’s leading provider of secure financial messaging services, has published a new API standard for the pre-authorisation of funds, paving the way for further innovation in financial services enabled by open banking. More… |
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GBM, UK’s Banfico partner on open banking solutionsBahrain-based Gulf Business Machines (GBM) has partnered with Banfico from the UK to help financial institutions adopt open banking solutions in line with new regulations introduced by the Central Bank of Bahrain. Within the frame More… |
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Nylas raises $16m in funding for expansionUS-based Nylas, the unified communications API for integrating software with email, calendars, and contacts, has secured $16 million in Series B funding to expand the company and increase market dominance. The funding round was le More… |
