Beyond Imagination Technologies (BIT) announced its strategic expansion into the Middle East region with the partnership with software company Aba’ad Alkhayal in Saudi Arabia.   The Middle East has emerged as a significant hub for...

With the accumulation of security, fraud, and identity solutions, financial institutions find themselves entangled in a complex array of tools. Phil Allen, VP, EMEA, at Transmit Security, explains how this intricacy obstructs threat response, leads to...

The use of Artificial Intelligence (AI) is transforming the auto insurance industry by simplifying claims processes. Sandeep Bhargava, SVP, Global Services and Solutions, Public Cloud Business Unit at rackspace technology tells us how AI-driven computer...

Saudi Arabia’s Mozn, an enterprise focused on Artificial Intelligence technologies, has announced that it has been recognised as one of the Top 200 FinTech Companies globally and one of the Top 25 in the “Digital Business Solutions”...

In the last twelve months, merchants have seen a huge leap in online payment fraud (up 59%), account takeover (up 51%), promotion abuse (up 52%), refund abuse (up 53%) and customer fraud / friendly fraud (up 40%).  Merchants are now throwing more and...

Jean-Marc Jacobson, Co-CEO and Co-founder of RealT, a platform that democratises realty investment opportunities through tokenising properties, discusses the transformative power of Blockchain in real estate. As Blockchain becomes as ubiquitous as email,...

Amazon Web Services (AWS) has officially launched AWS AppFabric, a service aimed at enhancing the functionality and security of top Software-as-a-Service (SaaS) applications. One notable adopter of AWS AppFabric is Bank Leumi, Israel’s largest bank,...

Financial fraud has increased substantially as the trend towards mobile banking and digitisation accelerates. In 2022 alone, the US Federal Trade Commission received over 1.1 million reports of identity theft and over 440,000 reports of credit card fraud....

Beosin, a blockchain security company, and HashKey Group, a virtual asset financial services organisation, have entered a strategic partnership. Both firms will cooperate closely in various areas of virtual assets including ecosystem security, anti-money...

Facctum has announced that FacctView – a new screening platform – has been chosen by NTT Data Payment Services to expand its anti-financial crime defences. This new technology will support NTT Data Payments Services’ e-commerce...