Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has teamed up with Visa and ecolytiq, a global sustainability service solutions provider, to unveil an exciting addition to its Mobile App – the Carbon Emission Tracker Feature. This groundbreaking bank-fintech partnership move not only sets a new standard in Qatar but also reflects QIB’s commitment to reshaping the digital banking landscape by prioritizing sustainability and environmental awareness. In a proactive measure against climate change, QIB has introduced the Carbon Emission Tracker feature – the first of its kind in Qatar. This feature is designed to promote eco-friendly spending behavior among QIB…
Author: Editorial Team
Rapid Finance, a leader in supporting small businesses with crucial working capital, and Ramp, the platform that helps businesses save time and money through spend management, have joined forces! 🚀 Starting today, small businesses on Ramp’s platform get special access to Rapid Finance’s financing options. In today’s world of high-interest rates, business owners need financial flexibility to fuel their growth and plan for both short and long-term success. Rapid Finance, with a track record of funding over $3 billion to small businesses since 2005, is dedicated to helping businesses thrive by providing competitive financing solutions. On the other side, Ramp…
In a strategic move to elevate payment and data security standards, US-based company Bluefin has announced a partnership with ID TECH. The collaboration introduces a PCI Validated Advanced Encryption Standard (AES) Point-to-Point Encryption (P2PE) solution, designed to bolster security for Bluefin’s Decryptx and PayConex payment solutions. This cutting-edge AES encryption, sanctioned by the US National Institute of Standards and Technology (NIST), will be seamlessly integrated into ID TECH’s SREDKey 2 encrypting keypads, offering Bluefin customers an enhanced layer of protection for sensitive cardholder data. The collaboration positions Bluefin as an industry trailblazer, being among the early adopters of the AES…
Lunate, a prominent global alternative investment management firm overseeing assets exceeding $50 billion, and BNY Mellon (NYSE:BK), renowned as the world’s largest custodian and a trailblazer in wealth management technology, are joining forces to invest in Alpheya. This new company is set to develop a tailored wealth management technology platform catering to the needs of wealth and asset managers in the Middle East and North Africa (MENA). Headquartered in the Abu Dhabi Global Market (ADGM), Alpheya will receive a substantial capital commitment of $300 million and is anticipated to commence client services in 2024. BNY Mellon will hold a minority…