Visa has launched its Visa Payment Passkey solution in India in partnership with IDFC FIRST Bank, enabling cardholders to authenticate online transactions using biometrics or device credentials instead of one-time passwords (OTPs). launched its Payment Passkey (VPP) solution in India, Visa Payment Passkey Visa on Thursday launched its Payment Passkey (VPP) solution in India, introducing an alternative […]
Riyadh, Saudi Arabia: VAP Group announced the launch of VAP Ventures, its dedicated investment arm, marking a significant milestone in the company’s evolution from building global platforms for innovation to directly supporting the founders shaping the future of technology. The announcement was made at the Global AI Show, Global Games Show, and Global Blockchain Show Riyadh 2026, from 29-30 June, where thousands of global […]
Dubai, UAE – KamelPay, the UAE-born fintech building integrated financial solutions for businesses and their workforce, has launched AbsoluteCard, a complete corporate payments ecosystem built for the way businesses spend, control and reconcile. AbsoluteCard brings together a web portal, a mobile app and a corporate card powered by the Mastercard network and sponsored by Mawarid Finance. […]
Maalexi, the company behind the Maalexi Agricultural Assets Token Exchange (MAATEX), today announced the close of an oversubscribed funding round led by Tawuniya, a Saudi joint-stock company listed on the Saudi Exchange (Tadawul: 8010), and Global Ventures, a UAE-based venture capital firm and Maalexi’s pre-Series A lead investor. Agricultural Assets Token Exchange is developing what […]
Mete Guney, Executive Vice President, Market Development, EEMEA, Mastercard and Kaan Terzioglu, CEO, VEON Group Dubai – VEON Ltd. (Nasdaq: VEON), a global digital operator, and Mastercard collaborate to accelerate the development of inclusive, intelligent, and accessible Financial Services Accessibility across Ukraine, Kazakhstan, Pakistan, and Uzbekistan. The collaboration is designed to bring together VEON’s local digital […]
Dubai, United Arab Emirates – Standard Chartered today announced the launch of its capability enabling institutional clients to access USDC minting and redemption, developed in partnership with Circle Internet Group, Inc. (Circle) (NYSE: CRCL), the issuer of USDC[1] through its regulated entities. The launch makes Standard Chartered the first Global Systemically Important Bank (G-SIB) licensed to offer […]
Ajman, UAE – Ajman Bank has entered into an agreement with Aurionpro, Islamic Treasury Systems a global leader in banking technology, for the validation of its Islamic Treasury Management System, based on the MX.3 platform, marking a critical phase in the bank’s ongoing efforts to reinforce the integrity, control, and resilience of its treasury operations. The […]
Mubadala wealth funds Abu Dhabi-based Mubadala Investment Company, emerged as the world’s most active sovereign wealth fund in the first half of 2026, deploying $15.2 billion despite heightened market volatility caused by the US-Iran conflict, according to a report by Global SWF. GCC Sovereign Wealth Funds Reach Record Investment Levels The report revealed that Gulf […]
USD stablecoin Open Standard, a newly formed independent company led by Bridge co-founder Zach Abrams, has announced plans to launch a new U.S. dollar-backed stablecoin later this year. According to the Open Standard named Open USD stablecoin The stablecoin, named Open USD, is backed by a consortium of more than 140 businesses, including financial giants […]
The firm will establish its local office Middle East Presence, within QFC, reinforcing Doha’s growing role as a regional hub for global asset managers. Doha, Qatar — The Qatar Financial Centre (QFC), a leading onshore financial and business centre, is proud to announce that Franklin Templeton is expanding its presence in the Middle East through the establishment […]