Financial technology firm Wizz Financial said on Thursday the United Arab Emirates central bank had approved its acquisition of currency firm UAE Exchange, a unit of troubled London-listed payment firm Finablr which Wizz agreed to buy last year.
UAE Central Bank gives in principle approval for Wizz Financial to acquire UAE Exchange gulfbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfbusiness.com Daily Mail and Mail on Sunday newspapers.
UAE central bank approves Wizz Financial s acquisition of UAE Exchange reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Prism, RSP appoint Matrix for financial compliance at Finablr
ABU DHABI, February 8, 2021 The consortium of Prism Group and Abu Dhabi’s Royal Strategic Partners (RSP) has appointed technology solutions firm Matrix International Financial Services to advise on financial compliance and fraud prevention measures at Finablr and its subsidiaries. Matrix is one of the world’s leading specialists in providing business and technology solutions for the complex needs of the global financial industry and capital markets. Its expertise includes devising and implementing fraud prevention strategies, advising on measures to tackle financial crime and introducing comprehensive anti-money laundering policies. Matrix will work with Prism Group AG to introduce efficient and effective financial crime systems and processes across the Group.