News
Nomo Upgrades Its Sharia-Compliant International Bank
The fully digital service will use technology from Paymentology’s card issuing platform to offer a next-generation service.
Nomo, the world’s first fully digital Sharia-compliant cross-border bank, has teamed up with leading global issuer-processor Paymentology to build a cutting-edge and seamless customer payment experience.
Nomo offers Middle East customers a wide range of global banking services, including current accounts, property finance, international transfers, and more through its iOS and Android apps. The service also allows users to track spending, make fast payments, and manage their finances more effectively.
Nomo has already benefited from Paymentology’s cloud-based technology by introducing multi-currency accounts offering six currencies – GBP, USD, EUR, KWD, AED, and SAR. The service helps customers avoid exchange fees and provides fast, safe cross-border payments.
Now, as part of the official Nomo / Paymentology partnership, the digital bank will benefit from faster processing times, best-in-class fraud protection, and Mastercard virtual cards. Meanwhile, Paymentology will deliver a real-time data feed, providing granular insights to help Nomo improve its platform.
Martin Heraghty, Regional Director Europe of Paymentology, spoke positively about the collaboration: “As the demand for Sharia-compliant digital products and services continues to grow, Nomo is at the forefront of delivering solutions that cater to the needs of Islamic customers and beyond. With our innovative payment technology, Nomo is paving the way toward a seamless, customer-centric digital banking future. We look forward to launching more ground-breaking services together”.
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Meanwhile, Sean Gilchrist, CEO of Nomo, explained how Paymentology had improved the Nomo offering: “Paymentology’s technology has helped us build a unique offering for our customers, helping them to conduct cross-border transactions without high fees, directly from the Nomo app. We remain committed to continuously developing innovative solutions and reimagining digital Sharia banking for everyone”.
News
ESET Bets On Specialized Security AI At 0.5% The Training Cost
ESET says NeoCortex can estimate an attacker’s next move, with a kill switch and human oversight built in to keep it from going rogue.
A sign-in anomaly, a suspicious process launch and an unusual connection may look harmless alone. Together, they can describe an intrusion that is hard for security to teams to piece together.
To solve that problem, ESET announced ESET NeoCortex on November 4, 2026: a specialized foundational AI model for cybersecurity. It powers ESET LiveCortex, available within the ESET PROTECT Platform, which connects fragmented security signals and turns them into actionable incidents.
Filtering is the main selling point, with LiveCortex processing billions of raw telemetry events daily, and just 0.00111% of them contributing to incidents presented to customers. The aim is less alert fatigue and more analyst time spent on threats that matter.
NeoCortex is built on world-model architecture, learning how digital environments behave and how events relate. ESET says that lets it reconstruct missing incident context, recognize similar past cases and estimate an attacker’s likely next step – what the company calls “minus-one-day defense,” a chance to intervene before the next stage unfolds. ESET points to Black October, the week leading up to October 25, 2026, when critical security issues affecting PHP, Linux, GitLab and other key systems demanded rapid, prioritized responses, as the kind of moment where that context matters.
ESET’s internal research also suggests a specialized model like NeoCortex can be trained at up to 200 times lower cost than a large general reasoning model, while delivering more accurate, defense-focused results. The company credits optimized training, a focus on cybersecurity vocabulary, lower computing requirements and privately owned hardware.
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“AI is accelerating both cyberattacks and cyberdefenses. With ESET NeoCortex, we are applying our AI investment to develop specialized foundational cybersecurity intelligence that remains under our control and strengthens, rather than replaces, human expertise,” said Juraj Malcho, Chief Technology Officer at ESET.
As part of the design, NeoCortex forms part of a layered architecture combining specialized models, deterministic controls, correlation logic, validation, auditability and expert human oversight. Safeguards include restricted sandboxes, read-only tools, continuous monitoring, defined usage and token limits, a kill switch and human oversight of critical response decisions. The model is also developed and self-hosted on ESET’s own infrastructure, which the company says reduces exposure to shifts among third-party AI providers, including commercial and geopolitical ones.
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