Al Ansari Financial Services PJSC
About Al Ansari Financial Services PJSC
The Group's global platform provides cross-border payments, foreign exchange solutions, access to the Wage Protection System in the United Arab Emirates and other services such as bill collection and pre-paid cards as well as payment technology solutions to consumers and businesses in the large and growing payments and foreign exchange and remittance market in the United Arab Emirates. The Group delivers its products and services through a comprehensive global network underpinned by its proprietary technology.
Company's Activities are detailed in AOA and Listing Prospectus.
Latest Pressrelease Summaries from Al Ansari Financial Services PJSC
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**Al Ansari Financial Services Warns Public of Impersonation Scam** **Dubai, UAE – 30 May 2024:** Al Ansari Financial Services PJSC (DFM: ALANSARI) has alerted the public about unlicensed firms impersonating the Group or its subsidiary, Al Ansari Exchange, to promote fraudulent "high-return" investment schemes. These scams, often found on social media, misuse the Group's name and logo to gain trust. Al Ansari Financial Services emphasizes that its shares are traded only on the Dubai Financial Market (DFM) through licensed brokers and does not solicit investments via social media or unauthorized channels. **Protective Measures:** - **Invest with licensed firms:** Verify licenses with the Securities and Commodities Authority (SCA) or DFM. - **Beware of high-return promises:** High returns with no risk are typically scams. - **Conduct independent research:** Investigate firms thoroughly before investing. - **Verify identity:** Contact Al Ansari Financial Services directly if uncertain about a firm's legitimacy. - **Report suspicious activity:** Notify authorities of any suspected impersonation. Al Ansari Financial Services is dedicated to promoting financial literacy and educating the public about investment scams. For more information, visit their website or contact them directly.
Al Ansari Financial Services has released its financial results for the full year of 2023 and the first quarter of 2024.
Al Ansari Financial Services PJSC and its subsidiaries have released their review report and condensed interim consolidated financial statements for the first quarter of 2024, ending on 31st March.
Al Ansari Exchange, the UAE's largest remittance and foreign exchange company, has successfully achieved Payment Card Industry Data Security Standard (PCI DSS) validation for 2024. This certification highlights the company's dedication to maintaining high data security standards. The PCI DSS is a rigorous set of standards ensuring companies that process, store, or transmit debit and credit card information maintain a secure environment. Al Ansari Exchange's compliance with these standards reaffirms its position as a trusted financial services provider. The company also remains committed to investing in technology, infrastructure, and employee training to enhance its security measures and adapt to potential threats.
Al Ansari Exchange, UAE's largest remittance and foreign exchange company, has announced a partnership with Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE). The collaboration will integrate Aani, an instant payment platform developed by AEP, into Al Ansari Exchange's services. The partnership will allow Al Ansari Exchange's customers to make instant digital payments, including money transfers, bill settlements and peer-to-peer payments through mobile numbers, email or QR codes. Aani also offers advanced payment technologies such as Proxy Payments, QR-code-based payments, Request to Pay and Split Bills. The initiative aims to drive financial inclusivity and innovation in the region.