Transforming banking and financial services: How cloud-based software-as-a-service can redefine the banking experience

Facephi joins MENA Fintech Association at a time when financial institutions across the Middle East are accelerating digital transformation

GCC Exchange, a leading name in remittance and foreign exchange services across the region, has announced a strategic partnership with Abhi Middle East Limited, one of the MENAP region’s neobanks of the future and SME-lending fintech, backed by Hub71 and Abu Dhabi Investment Office. This collaboration is designed to enable UAE-based workers with real-time access to their earned wages, alongside efficient and reliable cross-border remittance services.

Narmi, a leading digital banking platform provider for banks and credit unions, today announced that CTBC Bank USA has selected Narmi to support the bank's future digital banking initiatives.

Clear Street ("Clear Street" or "the Company"), a cloud-native financial infrastructure technology firm on a mission to give every sophisticated investor access to every asset in every market, today announced it has received authorization from the Netherlands Authority for the Financial Markets (AFM) to operate as an investment firm. The authorization marks a significant milestone in Clear Street's global expansion and establishes a licensed operating presence in the European Economic Area (“EEA”), which represents 27 European Union countries plus Norway, Iceland and Liechtenstein. This effort complements the Company's existing operations in the United Kingdom.

Proximus Global, the leading international communications enabler, has partnered with Vilja, the cloud‑native core banking platform, to deliver embedded WhatsApp capabilities to emerging banks across Southeast Asia. The collaboration aims to help rural and cooperative banks expand access to digital financial services across Indonesia, Malaysia, and the Philippines.

Nivo has launched a new market proposition featuring AI agents for lenders and brokers that work 24/7 over email to gather information and documents, check what comes back, chase missing items, and help teams get to a packaged case right first time.