Additionally, as head of INNOPAYs German office, he will also continue to spearhead the companys expansion and growth into new markets.SAP has appointed Marwan Zeineddine as its new managing director for UAE operations. The strategic additions underline the companys focus on building an expert leadership team ahead of its forthcoming Beta launch.Industry association the American Fintech Council (AFC) reveals Martha OMalley, assistant general counsel at Prosper Marketplace, has been elected to serve as chair of its board. In this role he will be responsible for strategic planning and execution, business development and value propositions for merchant and government partners across all the groups MENA markets.UAEs RAKBANK has teamed up with Playtomic, the Padel community of racket sport players, to offer its customers access to wellness opportunities. The agreement represents the first step in Mashreqs development of specialised carbon-offsetting financial products.Liberis, an embedded business finance solutions provider, has unveiled a two-year extension of its strategic collaboration with Worldpay, the payment processing technology company. This collaboration aims to transform the digital asset space by offering a compliant and consolidated pathway for institutions to convert crypto to local currencies seamlessly.Cornerstone FS, a foreign exchange and payments solutions company, has signed an agreement with Mastercard to launch a corporate card scheme.