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.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
AI Joins Africa’s Rulebook as Nigeria Orders Automated AML, Gives Fintechs 2 Years to Comply
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture