Fintech
Cielo Global Holdings Announces CieloPay Executive Leadership


Cielo Global Holdings (CGH) has named Nabil Kabbani President and CEO of CieloPay, a CGH portfolio company. Kabbani is a growth driver and a multi-disciplinary global leader with a career built on leveraging strategy, technology, and people to transform and scale businesses. Kabbani spent twelve years at Western Union, helping it grow to a multi-billion dollar public company working from various locations in the U.S., Beirut, Dubai, Paris, and Brussels. He has led a venture capitalist funded startup that grew through nine acquisitions to become a major player in the Fintech industry. Kabbani was the CEO of CommerceGate, a payment processing company in the e-commerce arena prior to joining ACT Holdings. He grew ACT from a $30MM student loan ARM company to an industry-leading $400MM+ diversified BPO. Lately, he was President of QLess, a disruptive SaaS technology startup, helping to scale the business, complete two fund raises, renegotiate venture debt, and double revenues. A U.S. citizen of Lebanese and Russian heritage, Kabbani studied economics and holds an MBA in finance from the American University of Beirut.
“The addition of Nabil’s expertise to our CGH team is extremely advantageous for the CieloPay brand,” said BJ Carter, CEO, Cielo Global Holdings. “We are excited to see where the future leads with Nabil at the helm and the innovative technologies he can bring to our clients. His experience and proven track record in the Fintech and technology industry will help to scale CieloPay into a global payments and loyalty player.”
“I am delighted to join the CGH team. It is an outstanding grouping of talent, expertise, and capabilities unified by a common vision of servant leadership and teamwork. I believe that our ability to deliver to our client-partners a complete suite of service is unrivaled in the marketplace. The CieloPay platform is running millions of transactions monthly with household brand names and we are looking to expand on this enterprise-grade platform. By offering an integrated SaaS solution for payments, offers, and loyalty, with custom programming capabilities, service desk, complete systems integration and installation, IoT technology, we have created a differentiated one-stop-shop experience that gives customers simplicity, peace of mind, vendor accountability, and confidence in excellent execution. I am looking forward to helping CieloPay get to the next level,” Kabbani stated.
SOURCE Cielo Global Holdings
Fintech
Accura Scan, The Only Certified Biometric Solution Provider in Middle East & Africa for Banks and Telcos

Global Identity Verification and Digital KYC solutions provider, Accura Scan is pleased to announce being awarded ISO/IEC 30107-03 compliance after passing a presentation attack detection (PAD) iBeta Level 2 audit with 0% FAR, making it one of the few companies worldwide and the only in India, Singapore, APAC & Middle East to have such a recognition.
As part of the testing procedure to assess the performance of Accura Scan face biometric liveness system, which is already being used by clients globally, it was successfully tested with millions of data points in alpha & beta testing modes. Its algorithms were pitted against various forms of spoofing attempts, including but not limited to 3D-printed and curved masks, silicone and paper masks, and videos of real subjects.
Yasin Patel (YP), Accura Scan’s CEO & Founder, expressed great pride in the achievement, adding, “Obtaining the ISO 30107-03 standard after passing the rigorous iBeta level 2 test demonstrates the effectiveness of our solutions against spoofing attacks.” He further announced that in keeping with their motto of ‘Biometrics for All’, Accura Scan would be offering its trusted Identity Verification Suite for free to all start-ups, while established entities would be offered various modules for as little as USD 5,000 a year onwards.
Commenting on this feat, Director – International Sales, Reza Writer, added, “Ambition greater than resources is in the DNA of Accura Scan. We have achieved this feat with a very small but highly skilled & dedicated team that has executed the organizational goal beautifully.”
The ISO 30107-3 framework measures a biometric system’s false acceptance rate (FAR) and false rejection rate (FRR) at the point of presentation. Passing the evaluation with an FAR of 0%, means that the company’s biometric algorithms offer a high level of spoof resistance in all environments.
Headquartered in India, Accura Scan has been completely bootstrapped & profitable since its incorporation. It has firmly established itself in the MENA region over the last 4 years, working with some of the most esteemed Banks, Telecoms & Fintechs globally. As a part of its global strategy, it has now registered itself in Singapore, the EU, the UK, & the US. With top-notch Identity Verification & Digital KYC products, it is confident of making a mark in these markets.
Fintech
BIM Exchange integrates traditional currency option for buying and selling cryptocurrencies

BIM Exchange revolutionizes the purchase of crypto-currencies: implicity and security guaranteed
BIM Exchange, the French pioneer of crypto-currency exchange platforms, today announces a major breakthrough in the ease of access and security of crypto transactions. With its new feature, it has never been easier to buy and trade crypto-currencies, bridging the gap between the traditional Web and Web 3.0.
Integration of payments in tradtional currencies: Euro, Dollar, Pound Sterling and Swiss Franc
BIM Exchange now enables its users to buy crypto-currencies directly by bank transfer in less than 24 hours, regardless of their currency. The funds are then securely transferred to the user’s decentralized wallet, such as Ledger, TrustWallet, MetaMask or other.
This method considerably simplifies access to digital currencies, while guaranteeing maximum security.
Fintech
Monzo founder talks Prosper. Company sees incredible demand for its Crowdfund, smashing 130% of its target, raising over £785,000.

Having recently announced its crowdfund was open to the public and with a little more than a week to go, Prosper today confirmed it has hit 130% of its funding target, raising over £785,000.
The company is backed by some of the biggest names in fintech. One of those, Tom Blomfield, the founder and former CEO of digital bank Monzo, said:
“The crowdfunding community was vital to Monzo’s growth and helped us engage with our early users. Like Monzo, Prosper is a customer champion brand shaking up the wealth industry. As I invested in Prosper, it became clear that speaking to the community would also play a part in their journey. It’s only the beginning, but I’m excited to help more people prosper!”
Monzo’s first crowdfunding campaign raised just under £1m at a £30m valuation. Today, that valuation stands at “around £4 billion”, according to Sky News. With a week of its own crowdfund still to go, Prosper hopes to build on that success, already closing in on Monzo’s original raise achievement.
“We’ve been blown away by the demand we’ve seen from our community. It’s a testament to the value we can create building a customer-championing business in the world of saving and investing,” said founder and CEO Nick Perrett.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more.
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