SAMA

Tap Payments Secures Payment Gateway Certification with Saudi Payments: Unlocking New Opportunities in eCommerce and Digital Payments

Retrieved on: 
Tuesday, July 11, 2023
Fintech, Saudi Payments Network, GCC, Central bank, Finance, Certification, Internet, SAMA, Saudi Central Bank, Entrepreneurship, Cryptocurrency, Online shopping, Bank, Kingdom

Dubai, United Arab Emirates--(Newsfile Corp. - July 11, 2023) - Tap Payments, a leading GCC-based fintech provider, proudly announces the certification of its payment gateway technology by Saudi Arabia's national domestic payment network, mada, the largest payment network in the region with over 30 million cardholders.

Key Points: 
  • Dubai, United Arab Emirates--(Newsfile Corp. - July 11, 2023) - Tap Payments, a leading GCC-based fintech provider, proudly announces the certification of its payment gateway technology by Saudi Arabia's national domestic payment network, mada, the largest payment network in the region with over 30 million cardholders.
  • The certification positions Tap Payments as one of the first fintech companies in the region to build its own proprietary payment gateway technology and secure certification for Saudi Arabia's national domestic payment network, mada.
  • This will enable businesses to leverage the latest cutting-edge payment features and technologies provided by the Saudi Payments network.
  • Prior to Tap's most recent certification as a payment gateway provider for the mada payment network, the company had previously been certified as a payment technology provider and currently holds a license from the Saudi Central Bank (SAMA) as a payment institution in Saudi Arabia.

South Korea projected to sell over 3 Million Digital Locks by 2027: Ken Research

Retrieved on: 
Tuesday, July 11, 2023
Cloud, ECC, Component, Crime, Big data, Internet of things, CNY, Software, CCTV, Government, Security, SAMA, AUD, MSME-Champions, Terror, Hardware, Growth, Hand, NIST Cybersecurity Framework, NEOM, Medium, Network equipment provider, Arms industry, Cryptocurrency

The quantity of personal information and transaction data that all Chinese firms have on hand is growing.

Key Points: 
  • The quantity of personal information and transaction data that all Chinese firms have on hand is growing.
  • Sensitive data is frequently exposed due to organizational system weaknesses, making these firms the prime targets of cyberattacks.
  • Thus, these devices could be prime targets for hackers to obtain usernames and passwords and access other confidential information.
  • Philippines' electronic security market is expected to witness phenomenal growth across all industry verticals driven by the growing awareness among the domestic population.

South Korea projected to sell over 3 Million Digital Locks by 2027: Ken Research

Retrieved on: 
Tuesday, July 11, 2023
Cloud, ECC, Component, Crime, Big data, Internet of things, CNY, Software, CCTV, Government, Security, SAMA, AUD, MSME-Champions, Terror, Hardware, Growth, Hand, NIST Cybersecurity Framework, NEOM, Medium, Network equipment provider, Arms industry, Cryptocurrency

The quantity of personal information and transaction data that all Chinese firms have on hand is growing.

Key Points: 
  • The quantity of personal information and transaction data that all Chinese firms have on hand is growing.
  • Sensitive data is frequently exposed due to organizational system weaknesses, making these firms the prime targets of cyberattacks.
  • Thus, these devices could be prime targets for hackers to obtain usernames and passwords and access other confidential information.
  • Philippines' electronic security market is expected to witness phenomenal growth across all industry verticals driven by the growing awareness among the domestic population.

Ninety One appoints Dr. Khalid Alsweilem as Chairman of new Saudi Arabian entity

Retrieved on: 
Friday, May 5, 2023
Vision 2030, Harvard Kennedy School, Harvard University, Central bank, Privacy, Stanford University, Research, Doctor of Philosophy, Person, Sale, Natural Resources, SAMA, Prospectus, Publication, Investment, Nature, Risk, Comment, Growth, Policy, Ninety One Limited, Sustainable development, Environment, Legislation, Capital loss, Cryptocurrency, Economics

Dr. Alsweilem said: "I am pleased to be taking on this role to help steer and develop Ninety One's business in Saudi Arabia and Middle East more broadly.

Key Points: 
  • Dr. Alsweilem said: "I am pleased to be taking on this role to help steer and develop Ninety One's business in Saudi Arabia and Middle East more broadly.
  • This is a time of great transformation and opportunity for the region as Saudi Arabia implements its Vision 2030 programme.
  • Their roots in emerging markets give them a keen sensitivity to how investment capabilities should serve Saudi Arabia and the region's needs."
  • The creation of a formal entity in Saudi Arabia is our next step in a productive journey to even greater engagement and service of clients."

Deloitte and RAS Infotech named Genians Best Global Partners of the Year 2022

Retrieved on: 
Wednesday, April 26, 2023
Technology, Networks, Security, Cloud, NIST, Education, Health, ISO, Fortune Global 500, Government, NAC, PCI, Organization, ZTNA, SAMA, KOSDAQ, RAS, Gold, Zero trust security model, Network Access Control, Knowledge, GDPR, HIPAA, Medical device, Risk management, Makro (Uzbekistan)

Both partners have achieved excellent sales and customer support performance and demonstrated best-in-class cybersecurity knowledge and practices year over year.

Key Points: 
  • Both partners have achieved excellent sales and customer support performance and demonstrated best-in-class cybersecurity knowledge and practices year over year.
  • As a result, we made a great decision to partner with Genians.
  • However, our partners are clearly complementing Genians’ technology thanks to the quality of their expertise and efforts.
  • Many kudos again to Deloitte and RAS Infotech for their achievements.”
    Kyeyeon Kim, Genians’ Co-founder and CTO, further adds that “as both partners have indicated, the role of NAC for regulatory compliance in the evolving network environment is indispensable.

SCHULTZE SPECIAL PURPOSE ACQUISITION CORP. II ANNOUNCES EXPECTED CONVERSION OF CLASS B SHARES IN CONNECTION WITH PROPOSED EXTENSION

Retrieved on: 
Friday, March 31, 2023
Common stock, Shareholder, Class, Extension, Investment Company Act of 1940, Government, SAMA, Initial, Special, Common, Security (finance)

If the Charter Amendment Proposal is approved at the Special Meeting, all holders of Class B common stock, par value $0.0001 per share, of the Company (“Class B Common Stock” and such holders, the “Initial Stockholders”) have agreed to convert all shares of Class B Common Stock to shares of Class A common stock, par value $0.0001 per share, of the Company (“Class A Common Stock”), on a one-for-one basis in accordance with the Company’s charter, upon the implementation of the Extension (collectively, the “Class B Conversion”).

Key Points: 
  • If the Charter Amendment Proposal is approved at the Special Meeting, all holders of Class B common stock, par value $0.0001 per share, of the Company (“Class B Common Stock” and such holders, the “Initial Stockholders”) have agreed to convert all shares of Class B Common Stock to shares of Class A common stock, par value $0.0001 per share, of the Company (“Class A Common Stock”), on a one-for-one basis in accordance with the Company’s charter, upon the implementation of the Extension (collectively, the “Class B Conversion”).
  • The Class B Conversion would be effected prior to the redemption of any public shares in connection with the implementation of the Extension and would result in an additional 4,125,000 shares of Class A Common Stock outstanding upon completion.
  • Notwithstanding the Class B Conversion, the Initial Stockholders will be not entitled to receive any funds held in the trust account with respect to any shares of Class A Common Stock issued to such holders as a result of the Class B Conversion.
  • The Company has not made any determination to liquidate the securities held in the trust account and, upon implementation of the Extension, intends to continue maintaining the funds held in the trust account in U.S. government treasury obligations or money market funds.

SCHULTZE SPECIAL PURPOSE ACQUISITION CORP. II ANNOUNCES CONTRIBUTIONS TO TRUST ACCOUNT IN CONNECTION WITH PROPOSED EXTENSION

Retrieved on: 
Thursday, March 30, 2023
Treasury, Sponsor, Contribution, Calendar, Extension, Wind, SAMA, Inflation, Date, Don't Weaponize the IRS Act, Special, Inflation Reduction Act of 2022, Security (finance)

The Company has not asked the Sponsor to reserve for, nor has the Company independently verified whether the Sponsor will have sufficient funds to satisfy, any such Contributions.

Key Points: 
  • The Company has not asked the Sponsor to reserve for, nor has the Company independently verified whether the Sponsor will have sufficient funds to satisfy, any such Contributions.
  • The Contributions will be evidenced by a non-interest bearing, unsecured promissory note and will be repayable by the Company upon consummation of an initial business combination.
  • Any Contribution is conditioned on the approval of the requisite proposals at the Special Meeting and the implementation of the Extension.
  • Any redemptions of public shares on or after January 1, 2023, including in connection with the Extension, may be subject to such excise tax.

Global Financial Community Optimistic to Overcome Market Challenges and Build Stronger, Tech-Driven, Sustainable Future Economy

Retrieved on: 
Saturday, March 18, 2023
Fintech, Professional Services, Finance, Private sector, Vision 2030, Optimism, Department of Business Development and Technology, Central bank, Venture capital, SME, Saudi Central Bank, Partner (business rank), Multimedia, National bank, Government, Development, SAMA, Microsoft, Investment, Map, Growth, Environment, FSC, Conference, Renewable energy, Bank, Kingdom

The second edition of the Financial Sector Conference (FSC 2023) has concluded in Riyadh, with a mood of optimism and energy to overcome market challenges to build a stronger, technology driven and sustainable economy of the future.

Key Points: 
  • The second edition of the Financial Sector Conference (FSC 2023) has concluded in Riyadh, with a mood of optimism and energy to overcome market challenges to build a stronger, technology driven and sustainable economy of the future.
  • This press release features multimedia.
  • Tala Al Jabri, Board Member, Middle East VC Association (MEVCA) identified a major financing gap for the sector.
  • Now, there are over 155 companies operating in the space in Saudi Arabia and this has led to increased investments and job creation."

XGS Energy Secures $19M in Financing and Adds Industry Leaders to Board of Directors to Advance Next-generation Geothermal Power

Retrieved on: 
Monday, March 6, 2023
Oil, Gas, Alternative Energy, Construction & Property, Energy, Technology, Other Natural Resources, Environment, Natural Resources, Urban Planning, Other Technology, Science, Other Science, Other Energy, Research, Utilities, Other Construction & Property, XGS, Kingdom, Partner, Harvest, Central bank, Navy, U.S. Navy Diving Manual, Intel, Geothermal energy, Business development, Business, Water, SAMA, Helmerich & Payne, Central Bank of Myanmar, CERAWeek, Marines, Senior, Renewable energy, Cryptocurrency, Management

XGS Energy , a leader in geothermal energy technology, announced today that it has secured $19M in financing, including a $14M Series A led by Anzu Partners .

Key Points: 
  • XGS Energy , a leader in geothermal energy technology, announced today that it has secured $19M in financing, including a $14M Series A led by Anzu Partners .
  • XGS Energy will use this funding to develop its geothermal heat harvesting technology.
  • Initially founded as Geothermic Solution LLC, the company has changed its name to XGS Energy, Inc.
    XGS provides access to affordable, carbon-free 24/7 power generation by dramatically increasing the scalability of geothermal energy through its heat harvesting technology.
  • XGS is uniquely positioned to address the growing needs for access to sustainable, local power generation and energy security.

Acqueon Ignites Financial Services Growth and Strong Q4 Close With Major News About FDCPA Compliance Release

Retrieved on: 
Wednesday, February 22, 2023
ACL, State, GDPR, Saudi Arabia, CCPA, SAMA, TCPA, Campaign, Australian Consumer Law, Payment, Rivers State Internal Revenue Service, Communication, Safe harbor, City centre, Contact, General Data Protection Regulation, DNC, FDCPA, QM, California Consumer Privacy Act, Channel, Ofcom, Fair debt collection, Fair Debt Collection Practices Act, Campaign manager, Telephone Consumer Protection Act of 1991, Sales, DALLAS

DALLAS, Feb. 22, 2023 /PRNewswire-PRWeb/ -- Acqueon, a leading provider of omnichannel customer engagement software, today confirmed the launch of its highly anticipated Reg F compliance solution. Addressing compliance requirements of the Fair Debt Collection Practices Act (FDCPA) for Collections and Contact Center teams, the new capabilities are built into Acqueon's industry-leading Campaign Manager and add fast, measurable value to an already unrivaled contact center compliance suite used by 200+ enterprises globally. With the new Reg F compliance module, enterprises can future-proof customer engagement strategies by adjusting campaign dialing for adherence to state-specific and ever-changing requirements.

Key Points: 
  • DALLAS, Feb. 22, 2023 /PRNewswire-PRWeb/ -- Acqueon , a leading provider of omnichannel customer engagement software, today confirmed the launch of its highly anticipated Reg F compliance solution.
  • With the new Reg F compliance module, enterprises can future-proof customer engagement strategies by adjusting campaign dialing for adherence to state-specific and ever-changing requirements.
  • Built-in FDCPA compliance capabilities answer an immediate need for one of Acqueon's most prevalent and critical customer use cases: Collections Compliance.
  • Preventing high-risk and costly violations, the FDCPA module rounds out what's considered to be the most comprehensive contact center compliance solution on the market.