Vaanathi Mohanakrishnan - Business Head - M2P Solutions - UAE banks - Arthur D. Little report - techxmedia

Opportunity awaits UAE banks, says Arthur D. Little report

Pierre Mariani said: “Evolving customer demand accelerated digital transformation and entry of new players are disrupting traditional business models of U”AE banks. These trends will continue to reshape the financial sector in the years to come, and banks that fail to embrace the change and make the necessary adjustments to serve their client”s beyond existing services wil”l inevitably fall behind.”

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Microsoft - Backbase - re-architect banking - techxmedia

Backbase collaborates with Microsoft to re-architect banking around the customer

Digital transformation is challenging, requiring institutions to simultaneously modernize a multitude of complex business systems as well as their infrastructure. Together with Microsoft Backbase enables organizations to adopt solutions specifically built for their industry quickly. You can now use modular solutions with built-in industry standards that augment your organization’s current investments and are extensible as business needs evolve and grow.

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Moayad-Alfallaj-CEO-Rasan - Saudi InsurTech firm - 90 million riyals - Investment - techxmedia

Saudi InsurTech firm closes investment worth 90 million riyals

Rasan simplifies user experiences and advances operational digitalization, value-chain change, and collaboration across Saudi and regional markets as a tech firm. The company offers technical solutions to the insurance brokerage and financial services industries, including a recent partnership with major Saudi banks, under which Rasan’s Treza platform will support the bank’s car lease-to-own team.

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