NEC Payments B.S.C(c), the regional leader in Banking-as-a-Service, Digital Banking and Payment Technology solutions headquartered in Kingdom of Bahrain, has been awarded the “Best Digital Banking Technology Innovator Award, Middle East 2021”. The prestigious award, conferred by Capital Finance International, recognises NEC Payments for its continuing development and deployment of the cutting-edge Banking-as-a-Service and Digital Banking and Payments Technology solutions that are enabling the FinTech ecosystem across the Middle East and Africa region.
NEC Payments’ Banking-as-a-Service enables FinTech start-ups, co-branders and distributors to develop innovative digital financial services products for multiple business and consumer use cases by providing access to vertically-integrated digital banking and transaction processing technologies, coupled with financial services regulatory licensing and membership of the international payment schemes: Mastercard; Visa; and Swift.
Andrew Sims, Co-Founder and CEO, NEC Payments said “We are truly honoured to win the Best Digital Banking Technology Innovator Award in the Middle East region 2021. The award underlines the remarkable progress we have made in executing our strategy to build a comprehensive vertically-integrated Banking-as-a-Service solution despite the industry and market challenges in the Middle East. This accolade not only underscores our achievements to date, but also supports our mission for international growth and our vision to continue enabling our customers and partners to rapidly innovate using our Banking-as-a-Service as the backbone for their digital financial services products.”
To read the judge’s comments in full please click here https://cfi.co/awards/middle-east/2021/nec-payments-b-s-cc-best-digital-banking-technology-innovator-middle-east-2021/.