NEC PAYMENTS WINS CFI’S AWARD AS THE “BEST DIGITAL BANKING TECHNOLOGY INNOVATOR” IN THE MIDDLE EAST 2021.
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.”
Duaa Ammar, Digital Marketing Manager
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About Capital Finance International Award programme.
Each year, CFI.co seeks out individuals and organisations that contribute significantly to the convergence of economies and truly add value for all stakeholders. Reporting from frontlines of economic convergence, CFI.co realises that best practice is to be found throughout the world and the Awards Programme aims to identify and reward excellence wherever it is found in the hope to inspire others to further improve their own performance. For further information click here https://cfi.co/awards/
About NEC Payments:
NEC Payments B.S.C(c) is a digital banking and payment technology company based in the Kingdom of Bahrain and licensed and regulated by the Central Bank of Bahrain as an Ancillary Services Provider: Card Processor and Payment Services Provider. The company provides innovative financial technology solutions to power high-performance, flexible and secure digital banking, payment processing, compliance, and financial control systems that may be securely deployed on the cloud, on-premises, and into hybrid environments to provide flexibility, scalability, redundancy, and to drive rapid growth. The company is a principal member of Mastercard and Visa and is compliant with multiple security and business process standards including PCI-DSS L1 v3.2.1, ISO27001 and ISO9001.