Intelligent Banking & Finance

Micro Focus implements security solution for Kuwait Finance House

Even as a pioneer of the financial establishment, Kuwait Finance House faced a growing cyberthreat landscape. With the organisations needing to implement a comprehensive security solution it turned to Micro Focus. Kuwait Finance House (KFH) is considered a pioneer in the banking phenomenon known as Islamic Finance or Shari’a Compliant...

Bahrain Bourse turns to AWS Cloud Technology to enhance performance

Bahrain Bourse has announced that it has started migrating to Amazon Web Services (AWS) due to the increased availability and security it will get and to increase its application speed and performance, while reducing operational costs. The first phase of the migration includes moving backup and Disaster Recovery solutions to...

Kuwait Finance House to adopt MoneyMatch’s Enterprise Solution

Kuwait Finance House (KFH) and MoneyMatch have announced a strategic collaboration to provide cross-border payments for KFH’s customers. This partnership marks MoneyMatch’s maiden entry to provide enterprise solutions via its newest product BankFX. In a statement Kuwait Finance House says customers will be able to enjoy low-cost and simple cross-border...

Emirates NBD boosts government department’s digitisation strategy

DoF to fully automate payments through Emirates NBD smartBUSINESS Connect solution. Emirates NBD, a leading bank in the region, has announced the successful implementation of a digitised payment solution for the Dubai Department of Finance (DoF) to achieve full Host-to-Host (H2H) integration of all payment processes through the bank’s smartBUSINESS...