June 3, 2025

Financial Services

Banking

Altimetrik Named a Major Contender in Everest Group’s Banking and Financial Services IT Services Specialists PEAK Matrix® Assessment

Recognition underscores Altimetrik’s digital business approach in the banking and financial services sector DETROIT, June 03, 2025–(BUSINESS WIRE)–Altimetrik, a pure-play digital business company, has been recognized as a “Major Contender” in Everest Group’s inaugural Banking and Financial Services (BFS) IT Services Specialists PEAK Matrix® Assessment 2025. Altimetrik’s Digital Business Methodology (DBM) and AI-first solutions have

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Finance

Nayla Finance secures Sharia Certification for Micro-Financing platform

Saudi-based Nayla Finance has announced that its micro-financing solutions platform has received Sharia certification from the Shariyah Review Bureau (SRB), a leading Sharia advisory firm licensed by the Central Bank of Bahrain. This marks a key milestone in Nayla’s mission to empower small and medium-sized enterprises (SMEs) in the Kingdom by offering ethical and Sharia-compliant

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Finance

National Finance honoured with ‘Best Work Culture of the Year’ title at Oman Career Fair 2025

Muscat: In recognition of its exceptional efforts in fostering a dynamic and employee-centric work environment, National Finance, the Sultanate of Oman’s leading finance company, was awarded the prestigious ‘Best Work Culture of the Year’ accolade at the 2nd edition of the Oman Career Fair.  Ms. Marwa Al Kharusi, Chief People Officer – General Manager at

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Banking

Emirates NBD partners with Appro to revolutionise retail banking onboarding

Integrating Appro into Emirates NBD’s processes will deliver significant gains in efficiency and customer experience Title of your email Dubai, United Arab Emirates – Emirates NBD, a leading banking group in the MENAT region, today announced a partnership with Appro, a fintech platform launched by SC Ventures, to significantly enhance its retail banking onboarding process,

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Banking

Southern African Banking Forum 2025: Strengthening connections for growth

Ebene – The Southern African Banking Forum, organised by the Trade and Development Bank Group (TDB Group) and the European Investment Bank (EIB) closed today in Mauritius, following two days of successful deliberations on the evolving opportunities, challenges and practical dynamics of the banking sector in Southern Africa. Building on the success of previous editions, and

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Funds

‘I really do not need the funds.’ I’m 72 and facing RMDs in mere months, but I don’t need the money or want the taxes. What’s my move?

Question: “I will turn 73 in June and I don’t know when I should take my first RMD. I really do not need the funds and would like to move them from the present 401(k) account and open a Roth account. My concern is that I’m not sure what my options are to pay the

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Banking

GCC corporate, investment banking revenues rise to $65bln

Corporate and investment banking (CIB) revenues across the Gulf Cooperation Council (GCC) region have expanded to more than $50 billion over the last few years. Between 2021 and 2024, revenues surged by around 14% annually, more than double the region’s historical CAGR of around 6%, bringing total CIB revenues to between $55 billion and $65

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Loans

USDA loans support Montana’s new farmers and ranchers | Montana News

BOZEMAN, MT – If you’re a new farmer or rancher in Montana and struggling to get a loan, the U.S. Department of Agriculture Farm Service Agency has some options for you. They’re offering farm ownership and operating loans specifically for folks who can’t get commercial credit from banks. Lance Wasson, FSA Acting State Executive Director

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Banking

ADCB rated the strongest banking brand in the UAE for the 2nd consecutive year

Abu Dhabi: Abu Dhabi Commercial Bank (ADCB) has seen the value of its brand surge to AED 12.3 billion, a 17% increase from the previous year, according to Brand Finance Journal’s latest Top 500 Banking Brands report. As a result, ADCB has advanced seven places in the global banking brand value rankings to the 102nd

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Banking

Mediterranean Bank selects Finastra’s core banking solution to transform customer experiences and drive sustainable growth in Libya

With Finastra Essence, the bank will fast-track its digital transformation strategy and offer a comprehensive range of innovative retail and corporate banking services Dubai, United Arab Emirates – Finastra, a global provider of financial software applications, today announced that Mediterranean Bank, a provider of retail and corporate banking services in Libya, has selected its core

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