Opt-out Preferences

We use third-party cookies that help us analyse how you use this website, store your preferences, and provide the content and advertisements that are relevant to you. However, you can opt out of these cookies by checking "Do Not Sell or Share My Personal Information" and clicking the "Save My Preferences" button. Once you opt out, you can opt in again at any time by unchecking "Do Not Sell or Share My Personal Information" and clicking the "Save My Preferences" button.

Do Not Sell or Share My Personal Information
Al Amal Exchange fortifies its compliance endeavors through a strategic partnership with Effiya Technologies

Al Amal Exchange fortifies its compliance endeavors through a strategic partnership with Effiya Technologies

Al Amal Exchange proudly joins forces with Effiya Technologies in the ongoing battle against financial crime. This marks a significant milestone for the exchange in adoption of an intelligent, scalable, and dynamic solution that aims to proactively detect and prevent money laundering schemes before they can inflict harm. Effiya’s expertise and smart AI solutions will empower Al Amal Exchange to mitigate its risks while setting higher standards of compliance and security.

Mr. Sulaiman Ismail Sherif, General Manager of Al Amal Exchange mentioned, “At Al Amal Exchange, ensuring regulatory compliance and safeguarding our customer’s interests remains our top concern. By leveraging Effiya’s cutting-edge technology and artificial intelligence enabled solution, we aim to set new standards in compliance effectiveness and efficiency. Together, we are poised to reshape the landscape of regulatory adherence for the exchange. The partnership is a timely initiative and a serious measure to ensure a secure financial environment.

Mr. Jigar Shah, CEO of Effiya Technologies, expressed his enthusiasm for the partnership stating, “This collaboration is a positive leap forward towards a more secure financial environment. We have closely monitored the expanding capabilities of AI and its potential applications in regulatory compliance. By joining forces with Al Amal Exchange, we are taking a significant step in reinforcing their dedication to regulatory compliance and fortifying the security of their customer’s transactions.

Al Amal Express Exchange

Al Amal Express Exchange is a leading financial services brand established in the United Arab Emirates in 2013. The brand offers a full suite of innovative financial solutions in money transfer, foreign exchange, and payment solutions with the sole objective to serve diverse communities, leading business, and industries with its fast and cost-effective services.

Share