Category Archives: Technologies

Technologies

BKN301 employs ‘White-Label’ Banking-as-a-Service solutions for traditional banks and Fintech companies in MENA region

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BKN301 employs ‘White-Label’ Banking-as-a-Service solutions for traditional banks and Fintech companies in MENA region

MENA fintech market is projected to grow at a CAGR of over 8 per cent between 2024 and 2029

February 29, 2024

BKN301 Group, a leading payment and Banking-as-a-Service provider in the MENA region, is driving innovation with its ‘White-Label’ Banking-as-a-Service solutions to create tailored services that cater to a diverse clientele, with a particular emphasis on traditional banks and Fintech companies, including Neobanks.

With its commitment to innovation, BKN301 has positioned White-Label solutions as the foundation of its strategy. The BKN301 White-Label solutions bring numerous benefits, such as easy integration through APIs, quicker market entry, cost-effectiveness, brand customisation, and access to cutting-edge financial technology among others. Businesses that make use of these solutions can provide competitive financial services, while maintaining their unique brand identity.

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Technologies

Cybersecurity News – Group-IB report’s increased ransomware, leaks, and information theft in MEA

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Group-IB, a leading creator of cybersecurity technologies to investigate, prevent, and fight digital crime, today released their annual Hi-Tech Crime Trends report. In 2023, Group-IB’s report revealed a 68% surge in ransomware attacks, primarily affecting financial services and real estate sectors.

The Gulf Cooperation Council (GCC) countries, South Africa, and Turkey were the top targets for Ransomware-as-a-Service (RaaS) affiliates. Information stealers posed a significant threat, impacting over 297,106 infected devices in the MEA region, with an additional 903,002 hosts’ logs available for sale on underground markets. Moreover, 152 new data leaks were identified in the MEA region during the same period.

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Technologies

AI-Driven Attacks expected to surge in 2024: Trend Micro

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AI-Driven Attacks expected to surge in 2024: Trend Micro

Trend Micro Reaffirms Its Commitment to Cybersecurity with the release of Security Predictions Report 2024

Dubai, UAE, February 2024 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions,  recently  released its Security Predictions Report for 2024 titled “Critical Scalability”. The report emphasizes the crucial need for organizations to adopt an advanced multilayered security approach to counter the growing attack surface.

The report underscores that in 2024, a growing number of enterprises will adopt artificial intelligence and machine learning (AI/ML) technologies. It notes that approximately 69% of IT leaders view the integration of machine learning as a critical operational priority. Although these technological advancements are anticipated to drive organizational growth, they also pose substantial risks, with bad actors exploiting these innovations to orchestrate attacks.

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Technologies

Saudi Arabia’s fortifies digital landscape by convening industry masterminds at LEAP 2024

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Saudi Arabia’s fortifies digital landscape by convening industry masterminds at LEAP 2024

By Feras AL Al Shaikh, Regional Director KSA region at Red Hat

The Kingdom of Saudi Arabia is not only witnessing significant changes but also setting stage for a transformation journey. Currently, the nation strides firmly, guided by the ambitious Vision 2030. This development is a testament to the resounding success of the initiatives Saudi Arabia implemented during 2023 as well as the nation’s resolute commitment to ensure continuous economic growth.

Amid this transformative journey stands the digital economy, a towering pillar demonstrating Saudi Arabia’s pursuit of innovation and economic diversification. With strategic investments in cutting-edge technologies such as artificial intelligence (AI), Internet of Things (IoT), cybersecurity and big data analytics, the Kingdom is not only adapting to future changes but is also poised to lead as a global technology hub. 

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Technologies

Yango Announces Exclusive Ramadan Offers to Celebrate the Holy Month

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Yango Announces Exclusive Ramadan Offers to Celebrate the Holy Month

Dubai, UAE, 28th, February, 2024 — Yango, an international tech company, is excited to announce its special offers for the holy month of Ramadan in UAE, designed to bring more joy and convenience to its valued customers. As families and friends gather to celebrate this auspicious time, Yango’s aim is to enhance your travel experience and add value to your journeys.

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