Breaking News
ABHI Partners with KABi to Enable Instant Access to Earned Wages in Saudi Arabia
Abhi, powered by Alraedah, has announced a strategic partnership with KABi, a leading Saudi human capital technology company, to provide employees within KABi-managed organizations with instant access to a portion of their earned wages through ABHI’s Earned Wage Access (EWA) solution.
Through this partnership, KABi employees will be able to withdraw part of their accrued salary whenever needed during the month, giving them immediate liquidity to manage daily expenses more easily and reducing reliance on high-cost financial alternatives.
“Our collaboration with KABi reflects ABHI’s ongoing commitment to advancing financial well-being and supporting digitally empowered workplaces in Saudi Arabia. By integrating Earned Wage Access into KABi’s ecosystem, we are enabling thousands of employees to experience financial freedom, flexibility, and stability,” said Omair Ansari, Co-Founder and CEO of ABHI.
Khalid A. AlOraij, Board Member and CEO of KABi, added: “At KABi, we are dedicated to empowering workforces through modern technology solutions. Providing instant access to earned wages in collaboration with ABHI strengthens employee stability and supports a more productive and well-being-focused workplace.”
Founded in 2021, ABHI is dedicated to expanding financial accessibility across the GCC and beyond. Today, the company serves more than one million users in the MENAP region, partnering with over 5,000 businesses and processing approximately five million transactions valued at more than USD 500 million.
This partnership aligns with the Kingdom’s efforts toward digital transformation and financial empowerment in line with Saudi Vision 2030, supporting workplaces built on innovation and modern technology.
People In This Post
Companies In This Post
- Offa Joins Iress XPM and Trigold Read more
- Hardening Agentic Financial Networks: Token Intelligence and Identity Guardrails for Autonomous Systems Read more
- Getnet Develops Infrastructure That Enables Businesses to Accept AI Agent-Initiated Payments Read more
- Why Banking Modernisation is More Than Just a Technology Upgrade Read more
- Dojo Launches UK’s Most Advanced Payments Terminals, Set to Deliver Unrivalled Performance, Speed and Reliability for High Street Businesses Read more
Offa Joins Iress XPM and Trigold
Offa, an award-winning British Islamic property finance fintech firm, has announced it is partnering with Iress to make its halal home finance products available on Iress XPM and Trigold.
TCS Wins Multimillion-euro AI Powered Services Transformation Deal with Canada Life
Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, has signed a multiyear transformation and managed services agreement with Canada Life, a leading global life and pensions insurer. The partnership will support the modernisation of Canada Life’s IT infrastructure services across its European Businesses.
Interswitch Partners with Temenos to Scale Digital Banking Services Across Africa
Temenos (SIX: TEMN), a global leader in banking technology, and Interswitch Group, a leading integrated payments and digital commerce company in Africa, today announced a collaboration, wherein Interswitch will adopt Temenos technology to enhance its digital banking capabilities, supporting its growth and expanding access to modern financial services across the continent.
Monzo and Fair4All Finance to Widen Access to Credit, as Millions Remain Excluded From Mainstream Lending
Monzo, the UK’s leading digital bank, and Fair4All Finance, a not-for-profit focused on improving financial inclusion, announce a new partnership to widen access to affordable¹ credit, as 16m+ UK adults face barriers to borrowing - a figure that has increased around 30% since 2018.²
FinregE Research Suggests Five-Point Blueprint to Enable Safe AI Adoption for Financial Regulators
FinregE released a research note designed to help financial regulators safely accelerate their adoption of AI
Lloyds Banking Group Deploys Agentic AI to Strengthen Real-Time Fraud Protection
Lloyds Banking Group is expanding the use of AI across its fraud prevention systems, combining agentic AI and real time scam detection
FCA Proposes Changes to Help More People Access Mortgages
First-time buyers, older borrowers and the self-employed could find it easier to get a mortgage, as the FCA sets out next steps to help reform the market.
Offa Joins Iress XPM and Trigold
Offa, an award-winning British Islamic property finance fintech firm, has announced it is partnering with Iress to make its halal home finance products available on Iress XPM and Trigold.
Hardening Agentic Financial Networks: Token Intelligence and Identity Guardrails for Autonomous Systems
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Getnet Develops Infrastructure That Enables Businesses to Accept AI Agent-Initiated Payments
Getnet continues to advance its agentic commerce strategy with the launch of new artificial intelligence-powered capabilities that enable merchants to securely and efficiently accept payments initiated by AI agents
Why Banking Modernisation is More Than Just a Technology Upgrade
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Dojo Launches UK’s Most Advanced Payments Terminals, Set to Deliver Unrivalled Performance, Speed and Reliability for High Street Businesses
Dojo today unveils Dojo Go Max, its most advanced payment terminal yet, designed to help UK businesses take payments even more quickly, reliably and confidently when it matters most.
TCS Wins Multimillion-euro AI Powered Services Transformation Deal with Canada Life
Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, has signed a multiyear transformation and managed services agreement with Canada Life, a leading global life and pensions insurer. The partnership will support the modernisation of Canada Life’s IT infrastructure services across its European Businesses.
Telda and Mastercard Introduce Egypt’s Unified Financial Experience, Connecting Everyday Payments with Investment Access
Telda and Mastercard have joined forces to introduce a new integrated solution in Egypt, seamlessly connecting everyday payments and investment wallets within the Telda app, marking a major step toward a fully unified digital ecosystem.