Members News

The Jordan Payments and Clearing Company (JoPACC) celebrated the successful conclusion of the first incubation program of its JOIN Fincubator, which spanned over eight months, by graduating the first batch of innovative fintech startups in a prestigious event held at the Four Seasons Hotel Amman. The event was held under the patronage and presence of His Excellency, the Governor of the Central Bank of Jordan, Dr. Adel Al-Sharkas, and witnessed the attendance of bank CEOs, as well as representatives from fintech and banking sectors, investors, and business incubators and accelerators.

During the Demo Day, 11 fintech startups presented their Minimum Viable Products (MVPs), which were developed from initial ideas that the center incubated. The incubation program spanned over eight months and included over 100 training workshops by more than 35 experts in Fintech, Business, and Entrepreneurship. The training workshops were designed to equip the participants with the necessary skills and knowledge to develop and refine their MVPs and bring them to the market.

In line with its participatory approach, JoPACC has extended an invitation to all financial sector stakeholders aimed at enhancing support for startups and fostering partnerships with established financial institutions and investors. The participating startups span a diverse array of product categories, effectively addressing the multifaceted needs of the Fintech ecosystem. These encompass categories such as “Payment Instruments,” “Creditworthiness and Alternative Credit Rating,” “Financial Management,” “Lending and Financing,” “e-Commerce,” “Sharia-Compliant Investment Tools,” “Real Estate and Asset Management and Digital Contracts.”

Dr. Adel Al-Sharkas, in his speech, expressed his appreciation for the efforts of the three banks sponsoring JOIN, namely the Jordan Kuwait Bank, the Housing Bank for Trade and Finance, and the Jordan Islamic Bank. Additionally, Dr. Al-Sharkas acknowledged the valuable partnership with the German Development Cooperation (GIZ) that sponsors programs pertaining to financing MSMEs.

As part of JoPACC’s ongoing commitment to fostering innovation, Her Excellency, Ms. Maha Bahou, CEO of JoPACC, has announced the opening of registrations for the second cycle of the incubation program, calling on all those with innovative ideas related to Fintech to apply for the program.

JOIN Fincubator, established by JoPACC in collaboration with the Central Bank of Jordan, works in a participatory and non-competitive approach with all financial institutions, business incubators, and accelerators in Jordan. It is noteworthy that JOIN Fincubator offers all of its services completely free of charge for fintech entrepreneurs in Jordan. The center’s mission is to support and empower fintech innovations in line with the Economic Modernization Vision for 2023-2025.

Click here to apply for JOIN’S Incubation Program

SkyTech, a leading Technology Enterprise, has entered into a strategic agreement with CRIF Information Technology Solutions (CRIF ITS), a subsidiary of the global CRIF Group. This collaboration enables SkyTech to leverage Synesgy, a digital platform designed by CRIF ITS, to assess companies based on environmental, social, and governance (ESG) standards.

Synesgy’s innovative approach aligns with SkyTech’s commitment to promoting sustainability and supporting its clients in achieving ESG compliance. This partnership marks a significant step forward in SkyTech’s mission to provide cutting-edge solutions that drive business growth while prioritizing environmental and social responsibility.

Eng. Bushra Atassi, CEO of SkyTech, expressed enthusiasm about the partnership, stating, “Our collaboration with CRIF ITS represents a milestone in our efforts to support clients in navigating the complexities of ESG standards. By utilizing Synesgy, we aim to simplify the process of evaluating and improving sustainability practices, ultimately enhancing our clients’ competitiveness and access to global markets.”

Eng. Areej Obiedat, General Manager of CRIF ITS, emphasized the importance of environmentally friendly financing strategies, noting, “Through Synesgy, SkyTech can play a pivotal role in setting sustainability standards for companies in Jordan and beyond. This partnership underscores our shared commitment to driving positive change and fostering a culture of sustainability in the business community.”

In today’s global landscape, adherence to ESG standards is increasingly recognized as a key driver of long-term success and resilience. Companies that prioritize sustainability not only mitigate risks but also unlock new opportunities for growth and investment. SkyTech and CRIF ITS are poised to lead this transformative journey, empowering businesses to thrive in a rapidly evolving marketplace.

SkyTech is a leading Technology Enterprise, dedicated to delivering innovative solutions for companies with Enterprise Resource Planning and innovative needs. Specializing in SAP systems implementation and Artificial Intelligent (AI) Solutions. Additional SkyTech has a very reliable hosting service. With over 10 years of experience and a track record of success in over 250 projects, SkyTech serves clients across the MENA Region, Europe, and the United States.

CRIF Information Technology Solutions (CRIF ITS) is a subsidiary of the CRIF Group, a global leader in credit and business information systems. CRIF ITS offers technical solutions and expertise to support banks and companies in Jordan, with a focus on enhancing operational efficiency and fostering growth in the local market.

Orange Group wrapped up its participation in the Mobile World Congress (MWC 2024), the biggest mega event for ICT companies in the world, which took place in Barcelona, Spain, from February 26th to 29th, and called from there to adopt innovation in order to prioritize the digital transformation vision and translate it into a reality which requires concerted efforts at the global level.
Orange Group’s subsidiaries were part of the pavilion where the Group showcased its revolutionary set of digital solutions and investments in 5G infrastructure with the aim of anticipating the customers’ needs in all countries where the Group possesses a geographical presence. The advanced solutions will contribute to the improvement of various sectors as well as the enhancement of the quality of life. The Group also introduced a number of advanced technological applications such as robotics that will play a more significant role in the business sector in the upcoming years, virtual stadiums’ applications and other technologies, while highlighting its ongoing efforts to promote sustainability.
Through its pavilion named “Innovation Approach”, the Group shed light on the latest technological environmental-related solutions, and the best way to utilize technology in general and artificial intelligence in specific to upgrade sports activities. The Group underscored the importance of Cybersecurity solutions and their role in countering cyberattacks.
Orange Jordan, represented by the CEO Philippe Mansour, participated in the Congress, and exchanged experiences with attendees from telecom operators, network services providers, and investors in the digital sector. On the sideline of the MWC, Mansour stressed that “innovation” and “joint forces” are the pillars of materializing the digital transformation vision not only on the local level but also on the global one. He proudly referred to Orange Jordan’s experience in the Jordanian market where Orange was the first telecom operator to launch the actual experience of the 5G services.
During the Congress, the “Max it” application’s features were showcased, and it is active in the companies in several African countries. In this context, Orange Jordan, which operates with a local spirit and global standards inspired by the Group’s vision, announced that the application will be launched before the end of year. It will serve as an umbrella for all the electronic services provided by Orange Jordan for telecommunications, financial services, e-commerce and others, which in total enhances the customer experience in an unprecedented way, noting that the application is available to subscribers of other networks.
Within its endeavors to enhance the solutions provided to businesses in all countries it operates, the Group has unveiled “Mobile Private Network (MPN)” which is a new private cloud technology that works via the 5G and it is expected to revolutionize the world of communications.
The new technology combines cloud features with 5G-software-based to help businesses turn their digitization vision into a reality. The new service will not only benefit the business sector, but will also enter the world of entertainment by providing viewers who look forward to the world’s biggest sporting event this year, which is the Olympic Games 2024 in Paris, to catch up on the competition through 5GMPN technology which promises to deliver an exceptional speed.
It is worth mentioning that the Global System for Mobile Communications Association (GSMA) organized Mobile World Congress, which is an exceptional platform for exchanging ideas and discussing the latest developments in the ICT sector, attracting more than 100,000 visitors from around the world every year.

SkyTech is delighted to be awarded the Gender Diversity Management Certificate!

This achievement highlights our ongoing efforts to cultivate an environment where diverse perspectives are valued and promoted.

We remain committed to fostering inclusivity and equality in all aspects of our organization.

The National Bank (TNB), the second largest bank in Palestine in terms of capital and one of its most trusted providers for individual and corporate financial services; has successfully gone-live – In record time of only 8 months – on the award-winning ICS BANKS® future-proof banking solution from ICS Financial Systems Ltd. (ICSFS), the global software and services provider for banks and financial institutions.

Further to their thorough due diligence, TNB decided to undergo a major transformation overhaul to their existing Core Banking Software, and replacing it with ICSFS’s comprehensive ICS BANKS® Universal Banking and ICS BANKS® Digital Banking Solutions at their Head office and 36 branches and offices across the country.

The implementation process of ICS BANKS®, which was selected by TNB on March of 2023, has resulted in a successful go-live of ICS BANKS® Universal and Digital Banking Solutions on a “Big-Bang” approach in early February 2024.

This major systems renovation is driven by TNB’s relentless pursuit to deliver stability and global best practices, maintaining their position as Palestine’s most pioneering, innovative, and robust bank for corporates and individuals seeking reliable and world-class financial services.

Mr. Salameh Khalil, CEO; The National Bank stated:

“Our first and foremost goal at TNB is to be the leaders in providing innovative solutions and financial products, thus meeting our client’s needs and expectations to the best of what modern technology can offer.

Our decision to switch to the ICS BANKS® Digital and Universal Banking Suites from ICSFS, is entirely based on our mission and strategic objectives of being the go-to provider of modern and superior financial services; all of which can be attained when making full-use of the solution’s long list of features, including its flexible and integratable infrastructure, and of course, the premium support offered by ICSFS. We are enthusiastic about this system overhaul and the smooth go-live on ICS BANKS® Suite, and we are certain that this is only the first step in a long and prosperous journey ahead.”

From his side, Mr. Robert Hazboun; Managing Director of ICSFS said:

“It is our pleasure to welcome The National Bank as a valued customer and a part of the ICS BANKS® Banking Solutions community. By deploying our award-winning ICS BANKS® Universal and Digital Banking Solutions, TNB will primarily benefit from the full capabilities it can offer, including seamless user experience, advanced functionalities, and the complete array of digital touchpoints built-into the ICS BANKS® Digital Banking Suite; offering TNB’s customers extended access and control over their financial instruments at anytime and anywhere.

Being a crucial market with tremendous potential for quick expansion, and the shift in demand it has demonstrated in recent years, the Palestinian Banking and Financial Services industry has long been amongst our priorities; stemming from our adamant belief that Banking and Financial institutions must choose their Banking Solutions holistically in order to promote innovation, develop new possibilities, and gain a market edge over their competitors.”

• Robert Hazboun, Managing Director, ICS Financial Systems Ltd.

With collaborative efforts, TNB has successfully implemented the system with a record time of eight months, through the Bank’s unwavering support and provision of essential resources, timely information, and dedicated expertise. This accomplishment stands as a testament to TNB’s dedication to innovation and their shared vision of delivering exceptional services to their customers.

ICSFS invests in its software suites by utilising modern technology in launching new products, constructing a secured and agile integration, and keeping pace with new standards and regulations worldwide. ICS BANKS® software suites future-proof banking activities by providing a broad range of features and capabilities with more agility and flexibility, to enrich customers journey experience, hence improving the trust and confidentiality between the customer and the bank. ICS BANKS has always been a pioneer in utilising the latest technology to serve financial institutions. In addition to its embedded Service-Oriented-Architecture (SOA), the system can be deployed on-premises, hybrid, or cloud.

int@j organized and hosted the SheTechs forum, which Estarta had the pleasure to attend under the esteemed patronage of HRH Princess Sumaya. Our CEO, Mutaz H. Nabulsi, utilized the forum platform to highlight the many women at Estarta who have achieved success and to highlight the critical roles that women play in information and communication technology (ICT) and leadership.

In addition to underscoring the accomplishments of female employees at Estarta, our CEO’s speech highlighted their important contributions to the information and communication technologies industry as a whole. As it were, the occasion provided a forum for honoring and celebrating the gifted women who have contributed significantly to the development of Estarta’s success story!
Lastly, the SheTechs discussions, which were fully backed by HRH Princess Sumaya, offered an encouraging platform to highlight Estarta’s dedication to promoting inclusivity and diversity, especially in the traditionally male-dominated technology industry. Estarta is committed to building an atmosphere that supports women’s success in the robust field of information technology, even as we continue to advocate for women’s empowerment in the workplace.

Orange Jordan has received the Fastest Fixed Internet – Fiber speed award in Jordan for 2023 from SpeedChecker, the globally renowned website. The studies and speed tests related to this certificate covered the Internet subscribers in Jordan and indicated that Orange Jordan is offering the fastest Internet for 2023, for the second consecutive year.

The award was presented to the Chief Consumer Marketing Officer, Naila Al Dawoud and the Chief ITN & Wholesale Officer, Eng. Walid Al-Doulat on behalf of Orange Jordan with the presence of a number of the Company’s employees.

Since 2008, SpeedChecker has been operating in the Middle East providing smart websites and applications that enable clients to check the quality of their internet connection, which has contributed to improving the infrastructure of many Internet and mobile service providers, noting that the Company’s headquarters is in Ireland and its offices are in the United Arab Emirates.

In an era where speed plays a pivotal role in enriching the user experience, especially with regard to digital services, Orange Jordan considers that obtaining this certificate for the second consecutive year, which comes after a detailed speed tests involving tens of thousands of all internet subscribers during 2023, is the culmination of its role as a Responsible Digital Leader.

Orange Jordan strives to provide a distinguished digital experience for all its subscribers being individuals or businesses to enable them to enjoy an unlimited variety of features and services with the highest quality including online learning, entertainment, gaming, and watching online videos. All this comes in line with the Company’s advanced solutions and continuous development of its networks and infrastructure to meet the customers’ needs and aspirations. In this context, Orange Jordan expressed its pride of its customers’ trust which fuels its efforts to always exceed their expectations.

This significant milestone is perfectly aligned with Orange Jordan’s tireless efforts to invest in the digital infrastructure and the Fiber services in addition to providing its customers with the latest and most innovated technologies such as the cutting-edge Fiber Box devices with the Wi-Fi 6 technology. The new revolutionary technology enables subscribers to enjoy faster speeds and increase the number of devices connected to Wi-Fi with a lower latency. All this coincides with the launching of a new super speed of 10,000 Mbps for the first time in Jordan and the region.

It is worth mentioning that Orange Jordan currently acquires the largest Fiber market share in Jordan according to the Telecommunications Regulatory Commission (TRC) which is a result of prioritizing the customers and providing them with the highest quality services and solutions.

Under the leadership of Chairman Dr. Mohammed Hussein Halboob, the National Bank of Yemen marked a significant milestone in compliance with the implementation of the Risk-Based Approach (RBA) solution. The ceremony, attended by key figures such as Dr. Ahmed Omer bin Sankr, General Manager of NBY, and Dr. Muhammad Omar Banaja, Deputy Governor of the Central Bank of Yemen, along with Dr. Saleh Al-Jariri, General Manager of the Oil Company in Aden, the Industry and Trade Office General Manager Wassim Al-Omari, and Planning and International Cooperation Office Manager Intisar Murshid, was a historic day for the bank.

During the event, Dr. Ahmed Omar bin Sankr emphasized the importance of the achievement represented by the RBA solution launch, adding to the bank’s impressive track record under Dr. Halboob’s leadership. He expressed gratitude to Pio-Tech for their collaboration and training of the bank’s staff on the new system.

The National Bank of Yemen, with a history spanning over 55 years, connects its modernization systems to the Central Bank of Yemen, ensuring alignment with regulations and procedures. The compliance officer, Faisal Mohsen Al-Soudi, highlighted the bank’s commitment to combating money laundering and terrorist financing by implementing systems like RBA and AML.

Fahd Al-Subaihi, Executive Director of the National Committee, commended the bank’s efforts in launching the Risk-Based Approach (RBA) solution, extending congratulations to the leadership, management, and employees of the National Bank of Yemen.

The ceremony was attended by various notable figures, including Mohsen Al-Shabhi, Deputy Director General of Banking Departments, Legal Advisor Arwa Saif, Director of the Office of the Chairman of the Board of Directors Muwafaq Hashem bin Hashem, Head of the Compliance Audit Unit Moaz Al-Kaaki, Public Relations Officer in the Office of the Chairman of the Board of Directors, department heads, specialists, employees of the National Bank of Yemen, and others. The ceremony showcased the National Bank’s dedication to staying at the forefront of modern banking practices and ensuring the protection of its customers from financial crimes.