Latest news with #MoAli
Fintech News ME
26-06-2025
- Business
- Fintech News ME
Codebase Technologies Partners with Fuze to Offer Digital Asset Capabilities to Banks in the Middle East
Dubai-based Codebase Technologies has announced a partnership with Fuze, a digital asset infrastructure firm headquartered in Abu Dhabi, to integrate crypto and digital asset capabilities into its Digibanc platform. The collaboration aims to support banks and fintechs in the region seeking to expand their service offerings to include digital assets. The partnership comes amid rising institutional interest in cryptocurrencies across the Middle East. 'We're not trying to ride a trend,' said Omar Mansur, Managing Director, APAC at Codebase Technologies. 'Our clients are asking how to offer digital asset services in a way that fits into their existing systems and without undue burden on their compliance and operations teams. This partnership gives them a practical and fast way to do that, to capitalise on the significant market potential.' Fuze will provide the infrastructure to enable Digibanc users to offer crypto services via a streamlined integration process. This includes access to digital asset tools designed to minimise operational complexity for financial institutions. 'Banks have been circling the digital asset space for a while,' said Mo Ali, CEO at Fuze. 'What's been missing is a setup that feels familiar, that fits how they already operate. That's what we're offering with Codebase Technologies.' Codebase Technologies has previously worked with financial institutions across MENA, APAC, and Europe, delivering digital banking solutions through its Digibanc platform. Fuze, meanwhile, brings expertise in supporting institutions with the technical and regulatory challenges of launching digital asset products. Together, the companies intend to provide banks and fintechs with a practical route into the digital asset space that aligns with institutional requirements and existing infrastructure.
Yahoo
03-04-2025
- Business
- Yahoo
Plans approved to partially pedestrianise street
A council have approved plans for a £1.4m transformation to partially pedestrianise a town centre street, despite disability fears. Ipswich Borough Council agreed the plans to redevelop Lloyds Avenue, Ipswich, into a part-pedestrian zone at a meeting on Wednesday. The council lodged the proposals in January as part of a scheme to create a green route between the town centre and the waterfront. According to the Local Democracy Reporting Service, Luke O'Brien, a disability campaigner, said: "The council has a legal obligation to make reasonable adjustments for disabled people- extending the public space will require disabled people to walk further." Local taxi drivers had previously criticised the proposal, as it could cut the number of taxi bays on the street. Mo Ali, a cab driver who objected to the plans, said reactions on the ground hadn't been positive and highlighted fears the plans would discriminate against people with mobility problems. The proposal to transform Lloyds Avenue was voted in by councillors at the planning and development committee meeting, with two voting against the proposal, and one abstention. Sam Murray, a Conservative councillor at the authority, said: "As a wheelchair user, I don't care if it looks nice; I care about whether I can get on it comfortably, especially if I have to go a bit further to get a taxi." The plans form part of the wider Ipswich Town Deal, funded by the government's Towns Fund. A Labour councillor who welcomed the proposals, Kelvin Cracknell, said: "I take the taxi driver's concerns about picking up people who struggle walking up Lloyds Avenue from [the bottom] end, but I don't consider that a material consideration." Several potential alterations to the Lloyds arch undercroft were also mentioned, with all councillors voting in favour of the proposed changes to add an art installation and digital screen. Follow Suffolk news on BBC Sounds, Facebook, Instagram and X. Business chief welcomes pedestrianisation plan Town safety a priority for new business chief Ipswich retailers worry over town centre's 'decline' Ipswich Borough Council Local Democracy Reporting Service
