AFS, regulated by Bahrain's Central Bank, serves over 60 clients in 20 countries.
ACI will provide the payments platform for secure, flexible transactions across various languages and currencies.
ACI Worldwide, a global real-time payments software, has
announced a strategic partnership with Arab Financial Services (AFS), the
region's digital payment solutions provider and fintech enabler, aiming
to reform the digital payments landscape across the Middle East and Africa.
Digital Payment Solutions across the Middle
East and Africa
Regulated by the Central Bank of Bahrain and boasting
ownership by 37 banks and financial institutions, AFS serves over 60 clients
across more than 20 countries in the region. The company's portfolio
encompasses an array of digital payment products and services, including card
processing, merchant acquiring, fintech solutions, and value-added services.
Santhosh Rao, the Senior Vice President of MEASA at ACI
Worldwide, commented: “Our flexible, agile and innovative payment software
solutions will now be available to banks, financial institutions and merchants
across the region. AFS is now in a strong position to support all customers in
the region on their quest for digital transformation and innovation, while
enabling the resiliency and service quality required by next-generation payment
systems.”
Under the terms of this transformative 10-year partnership,
AFS will leverage ACI's Enterprise Payments Platform, a versatile transaction
processing solution renowned for its security features, flexible
cloud-ready architecture, and multi-language, multi-currency capabilities. By
harnessing this platform, AFS aims to spearhead a modernization drive within
the retail banking sector, empowering its banking and fintech clientele with
enhanced capabilities and efficiency.
Streamlining Payment Processes: AFS and ACI Collaboration
Furthermore, AFS is set to deploy ACI's Payments
Orchestration Platform, a solution designed to streamline payment
processes for merchants. This platform promises a seamless integration
experience through a unified API interface, optimizing conversion rates while
minimizing operational overheads. By adopting this technology, merchants and
payment service providers will be able to deliver enhanced customer experiences
characterized by both convenience and security.
"As the payments landscape becomes ever more
intricate and prone to disruption, a reliable technology partner offering
industry-leading solutions is crucial. Together, AFS and ACI Worldwide are
committed to empower our customers with cutting-edge technology that
streamlines operations, fosters growth and unlocks new levels of
profitability,” said Samer Soliman, the CEO at Arab Financial Services.
ACI Worldwide, a global real-time payments software, has
announced a strategic partnership with Arab Financial Services (AFS), the
region's digital payment solutions provider and fintech enabler, aiming
to reform the digital payments landscape across the Middle East and Africa.
Digital Payment Solutions across the Middle
East and Africa
Regulated by the Central Bank of Bahrain and boasting
ownership by 37 banks and financial institutions, AFS serves over 60 clients
across more than 20 countries in the region. The company's portfolio
encompasses an array of digital payment products and services, including card
processing, merchant acquiring, fintech solutions, and value-added services.
Santhosh Rao, the Senior Vice President of MEASA at ACI
Worldwide, commented: “Our flexible, agile and innovative payment software
solutions will now be available to banks, financial institutions and merchants
across the region. AFS is now in a strong position to support all customers in
the region on their quest for digital transformation and innovation, while
enabling the resiliency and service quality required by next-generation payment
systems.”
Under the terms of this transformative 10-year partnership,
AFS will leverage ACI's Enterprise Payments Platform, a versatile transaction
processing solution renowned for its security features, flexible
cloud-ready architecture, and multi-language, multi-currency capabilities. By
harnessing this platform, AFS aims to spearhead a modernization drive within
the retail banking sector, empowering its banking and fintech clientele with
enhanced capabilities and efficiency.
Streamlining Payment Processes: AFS and ACI Collaboration
Furthermore, AFS is set to deploy ACI's Payments
Orchestration Platform, a solution designed to streamline payment
processes for merchants. This platform promises a seamless integration
experience through a unified API interface, optimizing conversion rates while
minimizing operational overheads. By adopting this technology, merchants and
payment service providers will be able to deliver enhanced customer experiences
characterized by both convenience and security.
"As the payments landscape becomes ever more
intricate and prone to disruption, a reliable technology partner offering
industry-leading solutions is crucial. Together, AFS and ACI Worldwide are
committed to empower our customers with cutting-edge technology that
streamlines operations, fosters growth and unlocks new levels of
profitability,” said Samer Soliman, the CEO at Arab Financial Services.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!