Introduction Artificial intelligence (AI) is revolutionizing fraud detection in the financial sector. As financial institutions harness the power of AI to identify suspicious patterns and prevent financial crimes, fraudsters are also adapting and using AI to perpetrate more sophisticated scams. This article explores the ongoing arms race between financial institutions and fraudsters in the digital…
In today’s interconnected world, access to financial services is crucial for individuals and communities to thrive. Remittances play a significant role in promoting financial inclusion and economic development, providing a lifeline for millions of people across the globe. In this article, we will explore how Balad, with its innovative digital solutions, is revolutionizing the remittance…
Navigating the complicated world of financial technology demands a strong shield against cyber threats and a citadel of trust. At the forefront of this defense lies PCI certification, a cornerstone in safeguarding payment card data and ensuring the integrity of transactions. Delving into the critical role of PCI certification in the financial technology world, this…
e-Khales, the leading digital payment subsidiary of e-Finance Investment Group, has partnered with Balad, a leading B2B fintech specializing in cross-border remittance payout infrastructure in Egypt, to unveil innovative bill payment solutions catered to Egyptian expatriates residing in over 60 countries worldwide. This strategic collaboration aims to empower Egyptian expatriates with unprecedented control and convenience…
In today’s globalized world, efficient and secure remittance services are essential for facilitating financial transfers across borders. Balad is revolutionizing the remittance industry with its modern API platform and streamlined onboarding process. Let’s explore how Balad is reshaping the landscape of cross-border transactions, particularly focusing on facilitating financial transfers to Egypt. Modern API Platform for Seamless Transactions …
In the dynamic landscape of finance, open banking systems are poised for significant growth, ushering in a new era of innovation across various financial sectors. From startups to established banks, open banking presents opportunities to expand service offerings, promote financial inclusion, and stimulate market expansion. Exploring Open Banking Open banking is a system where banks…
In the busy world of financial technology (fintech), traditional banks are facing tough competition from small and agile fintech startups, especially in specific areas. This change shows the rise of new and creative products made for certain groups like gig workers and other markets that are often overlooked, shaking things up in banking. Meeting Special…
Introduction Financial remittances are a lifeline for millions of families worldwide, providing crucial support and contributing to economic development. In today’s interconnected world, these funds play a significant role in many countries’ economies, facilitating cross-border transactions and fostering growth. However, the relationship between financial remittances and the prosperity rate, a measure of overall economic well-being, is…
In the dynamic realm of finance, Artificial Intelligence (AI) emerges as a transformative force, reshaping how fintech products and services are conceived, developed, and delivered. By harnessing AI capabilities, companies are ushering in a new era of innovation, marked by personalized experiences, streamlined operations, and robust revenue growth. Unlocking AI’s Potential Artificial Intelligence, encompassing machine…
Imagine you’re living abroad, far from the warmth of your family in Egypt. Each month, you log into your bank’s app, navigate the secure transaction process, and send a portion of your earnings back home. While this might seem like a routine money transfer, it’s much more than just a financial transaction. It’s an emotional lifeline, a tangible way…