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6 days ago | 
ibsintelligence.com | Puja Sharma
The Monday Roundup: what we are watching this week | June 2ndThe Monday Roundup sets the scene for the week’s biggest news stories, industry deals, and upcoming events. For Prime subscribers only. Codebase Technologies has enabled the pilot launch of Raqami Islamic Digital Bank, marking Pakistan’s first fully Shariah-compliant digital retail bank.
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1 week ago | 
ibsintelligence.com | Puja Sharma
The Weekly Wrap: all you need to know by Friday COB | May 30thThe Weekly Wrap is published every Friday and recaps the week’s main stories and deals, as well as upcoming events and announce ments for Prime subscribers only. Bengaluru-based WealthTech platform Groww has confidentially filed draft papers with the Securities and Exchange Board of India (SEBI), paving the way for an initial public offering (IPO) that could value the company between $700 million and $1 billion.
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1 week ago | 
ibsintelligence.com | Puja Sharma
A new survey by Wolters Kluwer reveals that the office of the CFO is going full throttle on agentic AI, with adoption set to surge more than sixfold in the next year. Today, just 6% of finance leaders use agentic AI—a form of autonomous, decision-supportive artificial intelligence—but an additional 38% plan to implement it by 2026. This leap is more than a tech trend—it’s a FinTech turning point.
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1 week ago | 
ibsintelligence.com | Puja Sharma
UK fraud losses hold steady at £1.17bn as experts warn of evolving threatsFraud continues to pose a grave threat to the UK’s financial stability and consumer safety, with losses from unauthorised and authorised fraud reaching a staggering £1.17 billion in 2024, according to UK Finance’s annual fraud report. While the figure remains broadly unchanged from 2023, the unrelenting scale of the threat has drawn calls for urgent cross-sector action.
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1 week ago | 
ibsintelligence.com | Puja Sharma
KSA FinTechs bet on AI, but cyber threats are one step ahead, study showsCisco has released the Kingdom of Saudi Arabia (KSA) findings from its 2025 Cybersecurity Readiness Index, revealing both encouraging progress and significant gaps in organisational preparedness amidst an increasingly complex and AI-driven threat landscape. According to the study, 93% of organisations in Saudi Arabia are now leveraging AI to strengthen their cybersecurity strategies—a promising development.
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1 week ago | 
ibsintelligence.com | Puja Sharma
The Monday Roundup: what we are watching this week | May 26thThe Monday Roundup sets the scene for the week’s biggest news stories, industry deals, and upcoming events. For Prime subscribers only. With an aim to accelerate the pace of digital transformation across the region, global payments infrastructure provider areeba has signed a strategic partnership with Codebase Technologies, a digital banking solutions firm headquartered in the UAE.
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2 weeks ago | 
ibsintelligence.com | Puja Sharma
Today AI AI automation AI Cloud By Charis Thomas, Chief Product Officer and Chris Tredwell, Chief Operating Officer at AqillaCompared to software serving other sectors of the economy, innovation within accounting and finance software innovation is generally slower and more conservative.
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2 weeks ago | 
ibsintelligence.com | Puja Sharma
The Weekly Wrap: all you need to know by Friday COB | May 23rdThe Weekly Wrap is published every Friday and recaps the week’s main stories and deals, as well as upcoming events and announce ments for Prime subscribers only. Temenos is redefining the future of banking through its strategic embrace of agentic AI, launching tools like the Gen AI Product Manager Copilot and an AI-powered Financial Crime Mitigation Agent to automate and enhance core banking functions.
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2 weeks ago | 
ibsintelligence.com | Puja Sharma
Banks doubling down on technology modernisation to drive customer experience, research revealsDespite economic and geopolitical uncertainty banks are investing in technology with clear focus on customer experience, protection and innovationAt the Temenos Community Forum 2025, the firm revealed findings from a global study showing banks are rapidly prioritising tech investments, especially in AI, data analytics, and cloud core systems, to boost customer experience, innovation, and efficiency.
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2 weeks ago | 
ibsintelligence.com | Puja Sharma
~ Only 7% of Indian heirs felt obligated to join family businesses, reveals HSBC study ~ While 88% of Indian entrepreneurs trust the next generation’s ability to manage family wealth, 45% of surveyed entrepreneurs do not expect their children taking over the family business ~ Family-owned businesses in India contribute to approximately 79% of the country’s GDP, one of the highest ratios globally Indian family-owned businesses owners are optimistic about the abilities in their next generation...
