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TerraPay And OMT Launch Cross-Border Payments For Lebanon
Lebanese enterprises gain new access to international markets through the partnership, which offers secure, compliant, and real-time transfers.
TerraPay, a global money movement company, has partnered with Lebanon’s OMT to introduce a new cross-border payment solution designed for businesses. The service aims to strengthen the position of Lebanese enterprises in the international economy by offering secure, real-time transactions aligned with global compliance standards.
Founded in 2014, TerraPay today connects payments to more than 150 receiving countries and over 210 sending countries, spanning billions of wallets, bank accounts, and cards. OMT, established in 1998, operates Lebanon’s largest retail channel with a network of over 1,400 agents providing more than 200 services nationwide.
The collaboration combines OMT’s extensive domestic network with TerraPay’s international payment infrastructure, giving Lebanese companies a streamlined way to integrate into global trade. Through a secure online portal, users can initiate transfers, track payments, and access financial reports, ensuring both visibility and speed in business operations.
“Partnering with OMT allows us to extend our vision to Lebanon’s business community, giving enterprises the tools they need to transact internationally with confidence, speed, and compliance,” said Bassem Awada, Senior Vice President at TerraPay, adding: “We’re excited to empower growth and unlock new opportunities through this collaboration”.
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OMT sees the move as a vital step for Lebanon’s business ecosystem. “Global commerce requires secure and compliant digital financial solutions,” explained Naji Abou Zeid, CEO of OMT. “Through our partnership with TerraPay, we are enabling Lebanese businesses to operate at the speed and standard of today’s interconnected economy. Whether sourcing raw materials or settling invoices with international partners, they now have access to a solution that is seamless, compliant, cost-effective, and fully interoperable”.
Lebanon is heavily reliant on global trade flows, and this partnership seeks to ease the challenges businesses face when dealing with international payments. By lowering costs, enhancing transparency, and ensuring compliance, TerraPay and OMT aim to create a more inclusive financial system that supports enterprises of all sizes.
News
Spotify Will Now Tell You If Your Favorite Artist Isn’t Real
The streaming platform is introducing an “AI Personas” label and cutting AI-generated artist profiles from its recommendations.
These days, the question of whether the artist you’re streaming actually exists is no longer hypothetical. Spotify intends to combat this issue by introducing a label called “AI Personas” for artist profiles that present an AI-generated, human-like identity rather than a real person. More consequentially, it will also keep those profiles out of its editorial and algorithmic recommendations by default.
From mid-September, listeners will start seeing an AI Persona badge on artist profiles, appearing in the banner and About section, in Search, and on track rows across playlists. Tapping the badge reveals whether the artist disclosed the AI identity themselves, or whether Spotify’s review team made the determination after examining the profile.
That distinction matters, because Spotify is not relying on self-disclosure alone. Artists can flag their own profiles as AI Personas through Spotify for Artists as of today, but the platform will also review profiles whose public identity – including name and imagery – appears to represent photorealistic AI-generated identities. The rollout begins with artists who have met defined audience thresholds, so the labels cover the vast majority of profiles listeners actually visit. Artists badged by Spotify’s reviewers will be notified and can self-disclose or appeal, and in the coming months listeners will be able to report suspected AI Personas themselves.
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The company’s recommendations policy is also being tweaked. Music from AI Personas will not surface in a listener’s personalized recommendations unless, for example, they follow the artist. Spotify says all artists have a creative choice in how they present themselves, but its programming is focused on elevating music from authentic artists building careers in music.
The badge concerns identity, not production of the music itself. An artist who uses AI tools to make music is a separate question, one Spotify addresses through AI Credits and SongDNA. The AI Persona label sits alongside those features, plus Verified by Spotify and Artist Profile Protection, in what the company has made one of its top priorities this year: letting listeners trust that the artist behind the music is who they claim to be.
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