Financial
CREALOGIX and TUUM Forge Strategic Alliance to Transform Banking in the EMEA at Seamless Middle East 2024

A leading Fintech company headquartered in Switzerland, CREALOGIX and Tuum, a leading next-generation core banking provider, today announced a strategic partnership aimed at revolutionizing the banking and financing landscape in the GCC region. The alliance will bring together the strengths of both companies to deliver an unparalleled end-to-end banking experience. Customers will benefit from a comprehensive suite of services including accounts, cards, payments, cash financing, microfinancing, and car financing solutions.
The signing took place at SEAMLESS Middle East 2024 event in Dubai World Trade Center. This partnership is particularly timely given the UAE’s recent announcement of its groundbreaking Open Finance Regulation, which leapfrogs the open banking framework in the rest of the region.
“We are thrilled to partner with CREALOGIX,” Miljan Stamenkovic, VP EMEA, Tuum said. “Our shared commitment to secure, open, and composable platforms makes for a seamless integration, and our complementary solutions will empower financial institutions across the GCC to deliver a truly innovative banking experience.”
By combining CREALOGIX’s proven platform capabilities with Tuum’s innovative core banking solution, the partnership will establish a groundbreaking offering for the GCC’s banking and financing sectors. This unique solution will provide institutions with the agility and scalability required to thrive in today’s dynamic financial landscape.
“This partnership is a significant step forward in our mission to provide best-in-class financial technology solutions,” said Khalid Al Ahli ME Executive Director at CREALOGIX. “In the face of rapid technological advancements, financial institutions and fintech companies must embrace innovation to stay ahead of the curve. This partnership empowers institutions to leverage cutting-edge technologies to streamline processes, meet evolving customer demands, and unlock new revenue streams. Tuum’s next-generation core banking platform perfectly complements our offerings, enabling us to create a unique end-to-end solution that will transform the banking experience for customers across the GCC region,” Al Ahli said.
Financial
CFI Celebrated Women’s Month with Exclusive Suhoor Event

CFI Financial Group was honored to host last week a special Suhoor event in Dubai to celebrate Women’s Month and honor the incredible achievements of women in business and entrepreneurship. The exclusive event, which took place on March 13th, brought together a distinguished group of successful businesswomen, entrepreneurs, and media professionals for an inspiring evening designed to empower and connect women in the professional world.
The event featured a keynote by Carol Glynn, a renowned finance coach and chartered accountant, known for inspiring attendees to pursue sustainable careers and entrepreneurial efforts confidently. Glynn shared essential insights on empowering women to manage financial futures and advancing careers.
In addition to the keynote address, attendees were treated to a unique experience, as an illustrator designed personalized Ramadan keepsakes for each guest, adding a thoughtful and personal touch to the evening while celebrating the spirit of generosity during the holy month of Ramadan.
CFI remains committed to empowering women year-round by providing opportunities to grow, learn, and connect within their professional fields. This ongoing support helps women build sustainable careers and establish valuable networks, highlighting CFI’s dedication to fostering women’s advancement in business.
“We were thrilled to host this Suhoor event for Women’s Month and are proud to have fostered a space for learning and empowerment,” said Zarrin Baig, CFI’s Group Head of HR. “CFI is committed to financial literacy as a crucial tool for empowering women. We are grateful to our distinguished attendees for enriching our mission with their valuable insights, furthering our commitment to support women in their personal and professional growth, and building a more equitable future.”
The event was a resounding success, providing an evening of meaningful conversations, networking, and empowerment, reflecting CFI’s commitment to fostering an inclusive and supportive community for women.
Financial
RemotePass and Wafeq Partner to Automate Payroll and Accounting for UAE & KSA Businesses

RemotePass and Wafeq have partnered to fully automate payroll accounting for businesses in the UAE and KSA. This integration seamlessly syncs payroll and financial data from RemotePass to Wafeq’s accounting system in real-time, eliminating manual entry, reducing errors, and ensuring compliance.
The two-way native integration eliminates manual entry ensuring accurate, efficient payroll reconciliation for businesses in the UAE and KSA on both platforms, resulting in an 80% reduction in payroll and expenses processing time.
“We’re excited to partner with Wafeq; our integration enables businesses in the region to put payroll processing and financial data synchronization on autopilot, allowing them to focus on growing their business,” said Kamal Reggad, CEO of RemotePass.
A Shared Vision for Scaling Businesses
RemotePass and Wafeq provide localized platforms tailored for businesses in the Middle East, serving many shared clients and addressing the unique challenges faced by companies in the UAE and KSA.
Key Benefits of the Integration:
- Seamless integration – Payroll data from RemotePass is automatically reflected and categorized in Wafeq’s accounting platform providing real-time financial visibility and improved accuracy
- Error-Free Financial Records – Manual reconciliation and categorization errors are eliminated, ensuring payroll accuracy in financial reports.
- Time-Saving Automation – Finance teams no longer need to manually input payroll data, reducing administrative work.
Empowering Businesses with Financial Automation
By integrating two leading regional SaaS solutions, companies in the UAE and KSA can now better manage payroll and financial records with greater efficiency. This collaboration is a significant step toward simplifying payroll accounting and helping businesses scale with confidence.
“At Wafeq, we are committed to empowering businesses with seamless financial automation. Our partnership with RemotePass allows companies in the UAE and KSA to streamline payroll accounting effortlessly, reducing errors and saving valuable time. This integration is a game-changer for finance teams looking to enhance efficiency while staying fully compliant with local regulations.” said Maher Aoun, VP of Sales and Business Development, Wafeq.
Financial
Empowering Women in Finance: Charu Chanana’s Journey from Inspiration to Leadership at Saxo Bank

From being inspired by her father’s financial acumen to becoming the Chief Investment Strategist at Saxo Bank, Charu Chanana shares her journey of expertise, and advocacy for finance, which has traditionally been a male-dominated industry.
Read the full interview in the upcoming edition of Financial Integrator, featuring insights from leading women shaping the future of finance.
Charu:
My interest in finance was sparked at a young age, thanks to my father, who had a strong background in accounting and finance. Growing up in a family that valued financial discipline and planning, I was always curious about how money worked – both in personal finance and also on a larger economic scale.
However, I also saw a contrast within my extended family, where many were not as financially savvy. This gave me an early glimpse into how a lack of financial literacy – especially among women – limited their ability to make the choices they want and still secure their future. Witnessing these challenges firsthand fueled my passion for making finance more accessible and empowering others to take control of their financial well-being.
One of the most rewarding experiences has been seeing the tangible impact of my work – whether it’s helping investors navigate uncertain markets, guiding women to start their investment journeys, or breaking down complex financial concepts into actionable insights. Every time someone tells me, “Because of your insights, I made my first investment” or “I feel more confident about my financial future,” it reinforces why I chose this path.
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