Dubai, UAE: Serenity, a blockchain technology company specializing in secure digital finance solutions, has signed a partnership with MTA Real Estate to develop a secure, blockchain-powered real estate investment portal targeting global crypto holders. The move follows the Dubai Land Department’s approval of a pilot program for tokenized property transactions, positioning the initiative within the city’s broader strategy […]
Instant Payments Boom: JoPACC Reports 77.2% Growth in Digital Transactions
JoPACC’s 2024 report reveals a 77.2% surge in digital payments, highlighting rising adoption of instant transactions, mobile wallets, and e-commerce solutions. The Jordan Payments and Clearing Company (JoPACC) has released its 2024 Payments Systems Report, highlighting another year of significant growth in digital payments across Jordan. The report presents substantial increases in transaction volumes, values, and […]
MoneyGram Adds Mastercard Move for Cross-Border Payments
MoneyGram, a financial technology company creating trusted global payments and financial solutions for an increasingly connected world, and Mastercard (NYSE: MA) have joined forces to advance digital money movement both domestically and across borders. MoneyGram is implementing Mastercard Move, Mastercard’s portfolio of money transfer solutions, providing its customers with enhanced access to fast, secure and near real-time payments[1]. […]
Ripple and Chipper Cash Partners to unlock Faster and more cost-effective Crypto-Enabled Payments across Africa
San Francisco/Lagos March 27, 2025 – Ripple, the leading provider of digital asset infrastructure for financial institutions, and payments provider Chipper Cash have announced a new partnership to support cross-border payments into Africa using Ripple Payments, which leverages digital assets for faster, cheaper, more efficient cross-border payments. By leveraging Ripple’s crypto-enabled payments solution Chipper Cash, which has […]
Bitpanda secures Full Licence Approval from the VARA for UAE Expansion
Dubai: Bitpanda, Europe’s leading virtual assets platform, has secured a Broker-Dealer licence from the Dubai Virtual Assets Regulatory Authority (VARA), obtaining approval in record time. The licence will allow Bitpanda to make its virtual assets platform available to investors in the UAE including access to over 500 virtual assets – the most extensive virtual assets […]
Ajman Transport Authority launches open-loop and Contactless Payment System in public transport buses
The Ajman Transport Authority, in collaboration with BPC, a global leader in payment solutions, has announced the launch of an open-loop and contactless payment system in public transport buses. Powered by BPC’s O-CITY platform, this system is a next-generation solution for fare collection in the transport sector and smart cities. Through this initiative, the Authority […]
Mastercard to Establish Mastercard Academy Hub in Doha to Advance Financial Industry Skills
Doha, Qatar: Mastercard has revealed its intent to set up a physical presence for its global Mastercard Academy in Doha with the aim of enhancing skill sets across the financial industry for regional and global players. The first of its kind Hub will create a learning and innovation ecosystem powered by Mastercard and business schools from […]
Presight and Microsoft Partner to Accelerate AI Startup Growth in the UAE
Abu Dhabi, UAE – Presight, a leading global big data analytics company powered by AI, today signed a Memorandum of Understanding (MoU) with Microsoft to support the Presight AI-Startup Accelerator. The UAE-based program is designed to help promising AI startups gain a commercial advantage, access cutting-edge technology resources, and expand their network within the UAE, the […]
UAE unveils new Dirham Symbol and Digital Currency
The Central Bank of the UAE on Thursday introduced a new symbol for the nation’s currency, both in its physical and digital forms, marking a significant step in reinforcing the UAE’s status as a leading global financial center. According to the Emirates News Agency or WAM, the newly unveiled dirham symbol draws inspiration from the […]
Warner Bros. invests $57mln in Dubai’s OSN+ to Expand Middle East Streaming
Warner Bros. Discovery is taking a minority stake in Dubai-based OSN Streaming Ltd. in a bid to capture a slice of the fast-growing Middle Eastern entertainment market. Warner Bros. will pay $57 million for about a third of OSN Streaming, Joe Kawkabani, chief executive officer of parent OSN Group, said in an interview. The transaction […]