Mashreq (bank)

i2c Marks a Year of Exceptional Growth and Innovation in 2023

Retrieved on: 
Wednesday, January 31, 2024
Payments, Professional Services, Technology, Fintech, Software, Partnership, Pulse, Growth, Natural language processing, AI, Natural language, Sightline (architecture), NLP, Temenos, Mashreq (bank), Culture, Artificial intelligence, Tutoring

i2c Inc. , a leading provider of banking and payments solutions, celebrates a string of achievements in 2023 to commemorate a strong business year for the company.

Key Points: 
  • i2c Inc. , a leading provider of banking and payments solutions, celebrates a string of achievements in 2023 to commemorate a strong business year for the company.
  • The year was marked by dynamic growth with new leadership at the helm, several expanded partnerships with existing clients, along with the launch of programs with new global partners.
  • Additionally, Peru’s largest bank, Banco de Credito, selected i2c to power their digital banking app .
  • Expanded existing global partnerships: i2c supported Payfare’s expansion into Canada and the UK to provide international gig workers with instant access to their earnings and more.

ThetaRay, the Leader in Next Generation AI-Powered Secure Global Payments, Raises $57 Million to Continue Unlocking Business Opportunities for Banks and FinTechs

Retrieved on: 
Tuesday, September 5, 2023
Professional Services, Payments, Data Analytics, Technology, Software, Fintech, Artificial Intelligence, Financial services, JVP, Head, Bank, Multimedia, OurCrowd, AML, Investment, Risk, Growth, Mashreq (bank), ThetaRay, Cryptocurrency, Management, Travelex

The investment, totaling $57 Million, will enable ThetaRay to accelerate global growth plans and capitalize on significant market demand as Banks and FinTechs urgently look to replace legacy tools with next-generation financial crime detection technology.

Key Points: 
  • The investment, totaling $57 Million, will enable ThetaRay to accelerate global growth plans and capitalize on significant market demand as Banks and FinTechs urgently look to replace legacy tools with next-generation financial crime detection technology.
  • Photo Credit: Alon Talmor
    ThetaRay recently appointed Peter Reynolds – who had spearheaded the company’s growth as Chief Revenue Officer - as CEO.
  • Global trade has suffered from payment networks becoming risk averse, seeing global interbank corridors reduce by 40%, causing global payments to become hard to complete, unpredictable and costly.
  • ThetaRay turns this trajectory on its head, and ushers in financial inclusion, unlocking business across regions and industries.

Impactful AI Innovations Recognised at World AI Show and Awards

Retrieved on: 
Monday, June 19, 2023
Public sector, Ministry of Energy Infrastructures and Natural Resources (Armenia), Private, Expo 2020, Abu Dhabi Islamic Bank, Intelligence, Woman, General partnership, Ministry of Transport, Communications and Information Technology (Oman), Information technology, Private officer of arms, Jumeirah Emirates Towers Hotel, Energy, Affiliation, Ministry, Investment, Private sector, AAAI Squirrel AI Award, Artificial intelligence, Communication, Growth, AI, Golden Ball, Mashreq (bank), Digital platform, Medical device, Cryptocurrency, Dairy

Another key session that caught everyone's attention was the panel discussion on the rise of investments in AI.

Key Points: 
  • Another key session that caught everyone's attention was the panel discussion on the rise of investments in AI.
  • Appreciating the Awards initiative by Trescon, Dr Salim said, "World AI Awards, recognizes the most innovative and impactful AI solutions and implementations across various industries, highlighting the transformative potential of AI for businesses and society​."
  • During the World AI Awards, a special award, ‘AI leader of the year', was awarded to Amith Ranjan, Executive Vice-President, Head Wholesale Digital, Data and Advanced Analytics, Finance Tech, Mashreq Bank.
  • The recipients of the awards were:
    Fatmah Alabdouli, Ministry of Energy & Infrastructure, UAE
    The World AI Awards recognised the contribution of visionaries who have redefined the AI space in the MENA region and a testimony to their contributions and efforts for ushering a new era for artificial intelligence.

ThetaRay Earns Microsoft Cloud Solution Provider Status

Retrieved on: 
Monday, July 17, 2023
Technology, Mobile, Wireless, Fintech, Professional Services, Software, Networks, Data Analytics, Data Management, Artificial Intelligence, Cloud, Software as a service, Money, Microsoft, Multimedia, Risk, Microsoft Azure, SONAR, AI, Mashreq (bank), ThetaRay, Cryptocurrency, Azure

ThetaRay , a leading provider of AI-powered transaction monitoring technology, announced today that it has joined the Microsoft Cloud Solution Provider program with its SONAR solution now available at the Microsoft Azure Marketplace.

Key Points: 
  • ThetaRay , a leading provider of AI-powered transaction monitoring technology, announced today that it has joined the Microsoft Cloud Solution Provider program with its SONAR solution now available at the Microsoft Azure Marketplace.
  • To date, more than 50 banks and fintechs around the world implement ThetaRay’s solution, hosted on Microsoft Azure.
  • As part of its status as Microsoft Cloud Solution Provider, ThetaRay’s SONAR solution is now available through the Microsoft Azure Marketplace , an online store providing applications and services for use on Azure.
  • ThetaRay customers can now take advantage of the productive and trusted Azure cloud platform, with streamlined deployment and management.

MaskEX Accelerates Global Expansion Ambitions, Anticipates 300% Workforce Growth by Q3

Retrieved on: 
Friday, June 2, 2023
Pressure, Marketing communications, Optimism, Marketing, VARA, CIS, SEA, Interest, MENA, Mashreq (bank), Drug, Cryptocurrency

MaskEX Accelerates Global Expansion Ambitions, Anticipates 300% Workforce Growth by Q3

Key Points: 
  • MaskEX Accelerates Global Expansion Ambitions, Anticipates 300% Workforce Growth by Q3
    The issuer is solely responsible for the content of this announcement.
  • The company aims to expand its global workforce by an impressive 300%, growing from its current size of 100 employees to a robust team of 300 before the end of Q3.
  • As part of its global expansion strategy, MaskEX is actively establishing its presence in key locations.
  • Eric Yang, CEO of MaskEX, expressed his optimism for the remainder of 2023, stating, "We are thrilled to embark on this global expansion journey.

Scotiabank appoints Francisco Aristeguieta to lead International Banking business

Retrieved on: 
Monday, April 10, 2023
Gender inequality in the English Caribbean, Nationwide Asset Services, Espresso, Mashreq (bank), Asset, Nachos, Organization, State Street, Digital transformation, Citigroup, Tertiary Institutions Service Centre, Growth, Bank, Scotiabank, Cryptocurrency, Drug, Video game

TORONTO, April 10, 2023 /PRNewswire/ - Scotiabank announced today that it has appointed Francisco Aristeguieta to the role of Group Head, International Banking, effective May 1, 2023.

Key Points: 
  • TORONTO, April 10, 2023 /PRNewswire/ - Scotiabank announced today that it has appointed Francisco Aristeguieta to the role of Group Head, International Banking, effective May 1, 2023.
  • Mr. Aristeguieta will become a part of the executive management team, with responsibility for the Bank's International Banking business line.
  • He has significant senior leadership experience leading country operations and overseeing business lines that stretch across Latin America and other international markets.
  • Mr. Deschamps joined Scotiabank in 2016, playing an integral role leading the Bank's International Banking business line and digital transformation efforts across its global footprint.

Global Know Your Customer Software Market Report to 2030 - Rising Stringent Government Regulations for KYC Checks Drives Growth - ResearchAndMarkets.com

Retrieved on: 
Monday, January 30, 2023
Software, Technology, Security, Emirates NBD, Government, Commercial bank, Investment, Know your customer, ADCB, Mashreq (bank), FTC, Federal Trade Commission, Identity theft, HSBC, Complaint, Commercial Bank of Dubai, DET, KYC, BFSI, Partnership, Growth, COVID-19, Cryptocurrency, Online shopping, Retail, CBD, Tourism

The growth of the know your customer (KYC) software market can be attributed to the rising identity financial frauds across the globe.

Key Points: 
  • The growth of the know your customer (KYC) software market can be attributed to the rising identity financial frauds across the globe.
  • Technological advancements made in the market, including blockchain-based KYC, are expected to surge the market growth over the forecast period.
  • Additionally, banks across the globe are entering into partnerships with government entities to leverage blockchain technology in KYC processes.
  • Rising investments in cloud-based KYC solutions to assist customers remotely in account opening are fueling the segment growth.

UAE Buy Now Pay Later Market Analysis Report 2022: An $18.34 Billion Market by 2028 - 75+ KPIs on End-Use Sectors, Operational KPIs, Market Share, Retail Product Dynamics, and Consumer Demographics - ResearchAndMarkets.com

Retrieved on: 
Monday, December 12, 2022
Professional Services, Online Retail, Retail, Small Business, Other Retail, Finance, Banking, Spend, Mashreq (bank), Travel, GCC, Local Investing Opportunity Network, Forecast, STV, Operational definition, Insurance, Health, Growth, Acquisition, Retail, Health insurance, Video game, Weapon, Online shopping, Renting, Health care, Mashriq, Cashew

he "UAE Buy Now Pay Later Business and Investment Opportunities - 75+ KPIs on Buy Now Pay Later Trends by End-Use Sectors, Operational KPIs, Market Share, Retail Product Dynamics, and Consumer Demographics - Q3 2022 Update" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • he "UAE Buy Now Pay Later Business and Investment Opportunities - 75+ KPIs on Buy Now Pay Later Trends by End-Use Sectors, Operational KPIs, Market Share, Retail Product Dynamics, and Consumer Demographics - Q3 2022 Update" report has been added to ResearchAndMarkets.com's offering.
  • The BNPL Gross Merchandise Value in the country will increase from US$1,895.6 million in 2021 to reach US$18,341.5 million by 2028.
  • The United Arab Emirates (UAE) has experienced a steady demand for buy now pay later (BNPL) services.
  • The publisher also believes banks are well-positioned to enter the BNPL market in the UAE.

UAE Buy Now Pay Later Business and Investment Opportunity Report 2022: UAE-based BNPL Startups are Raising Funding Rounds to Support the Expansion of their Firms Across the Region

Retrieved on: 
Friday, December 16, 2022
Spend, Mashreq (bank), Travel, GCC, Local Investing Opportunity Network, Market share, Forecast, STV, Operational definition, Insurance, Health, Growth, Acquisition, Video game, Health insurance, Weapon, Retail, Online shopping, Renting, Health care, Mashriq, Cashew

BNPL payments are expected to grow by 67.9% on an annual basis to reach US$3,183.4 million in 2022.

Key Points: 
  • BNPL payments are expected to grow by 67.9% on an annual basis to reach US$3,183.4 million in 2022.
  • BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 33.9% during 2022-2028.
  • The BNPL Gross Merchandise Value in the country will increase from US$1,895.6 million in 2021 to reach US$18,341.5 million by 2028.
  • The United Arab Emirates (UAE) has experienced a steady demand for buy now pay later (BNPL) services.

Mashreq signs a regional sponsorship agreement with The Argentine Football Association in Middle East and Egypt

Retrieved on: 
Friday, December 9, 2022
Argentina, Mashreq (bank), Argentines, Arab world, Argentine Football Association, Partnership, Dream, Football, AFA, Woman, History, Marketing, HQ, Sport, Organization, Mashriq

Becoming in this way first regional bank sponsor for the Argentine National Football Team in Middle East & Egypt

Key Points: 
  • Becoming in this way first regional bank sponsor for the Argentine National Football Team in Middle East & Egypt
    The Argentine Football Association and Mashreq Bank have signed a Regional Sponsorship Agreement until the end of 2023.
  • This results in Mashreq becoming the first and exclusive Regional Bank Sponsor for the Argentine National Football Team coinciding with the largest international football tournament FIFA World Cup Qatar 2022.
  • Since the Argentine Football Association has landed in the Middle East, football fans all around the vibrant region are able to witness precious moments with the great Argentinean football players.
  • Mashreq will be the ambassador of the Middle East and Egypt region for the Argentine national team.