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Open Banking in the Middle East: Time is of the essence

Accenture

This is the first in a series of in-depth thought leadership pieces on Open Banking in the Middle East. Subsequent pieces will focus on the business case for banks in the region and lay out the actions they need to take…. This one explains Open Banking and outlines key considerations for the Open Banking journey.

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The Four Pillars of Smarter Bank Leadership

Gonzobanker

Financial institutions standing in 2030 will have completed a significant and gut-wrenching transformation of their leadership talent. To overcome the struggle, banks need to build leadership teams that align with how a future “Smarter Bank” will operate. That’s the new DNA we need to increase across the banking industry.

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Walmart Reshuffles Operations As It Pushes To Stay Competitive

PYMNTS

When the going gets tough, the tough restructure their retail operations in an attempt to better facilitate change. As of now, Walmart structures divisions regionally: West, Southeast, South Central, Midwest and Mid-Atlantic. It also announced its plans in February to consolidate buying operations.

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Fleetcor Appoints Exec To New Fuel Card Leadership Role

PYMNTS

Fuel card company FLEETCOR has a new leadership position, and the news was announced Monday (June 19) that the company appointed Steve Greene to the role.

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Polish Investors Hopeful For eCommerce After Allegro IPO

PYMNTS

MCI sold one of its own portfolio companies, data center operator ATM Group, to a fund backed by Goldman Sachs for $135 million, Bloomberg reported, and the recent deals have generated optimism among the private equity fund's leadership.

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MonetaGo, GUUD Team On Secure Transactions

PYMNTS

GUUD has significant operations across Asia, and GUUD executives have publicly announced plans to expand in the region. MonetaGo also announced the hiring of Tat Yeen Yap to head product development of the APAC region. Both companies are based in Singapore.

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JP Morgan: Treasury Innovations Accelerate Digital Transformation

PYMNTS

Morgan , the successful treasury transformation in the Asia Pacific region hinges on digitization — and not simply electronification. Corporates must look at the entire set of processes that govern operations, whether with their own clients or suppliers and with banking partners in the middle, he said.