Capital Bank has signed a strategic partnership agreement with Falcons Soft, a leading provider of IT solutions, to expand the reach of electronic point-of-sale (POS) systems across Jordan and offer advanced e-payment services to a wider network of merchants. Through this agreement, Falcons Soft will be able to offer electronic payment acceptance and POS services […]
UAE’s AI Fintech Metric Raises Seven-Figure Seed Round Launches ‘world’s first Chief Financial AI’ called Max
Source: Business Recorder AI fintech Metric announced a seven figure seed round to grow their offering across the Gulf region and Asia. The company told Business Recorder it is not revealing the exact amount at this stage. Founded in 2022 by Pakistani couple Meenah Tariq and Omar Parvez, along with the company’s CTO Dr Habiba, Metric said […]
Al Etihad Payments signs Jaywan co-badging agreements with International Card Schemes
Abu Dhabi – Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), has announced the signing of strategic co-badging agreements with leading international card schemes, including Discover®️, Mastercard, UnionPay and Visa. These agreements enhance Jaywan, the UAE’s Domestic Card Scheme, by enabling international transactions while ensuring a strong and efficient domestic payment network. With these […]
No more Emirates ID cards? UAE to launch Digital ID System using Facial Recognition
The United Arab Emirates has announced plans to introduce a new digital identification system that will eliminate the need for physical Emirates ID cards, marking a major step in the country’s digital transformation agenda. According to Khaleej Time, the service set to be fully deployed within the next year, the system will use facial recognition […]
eBay announces global payment acquiring partnership with Checkout.com
The partnership expands eBay’s global payment platform capabilities to enhance customer experience and drive operational efficiencies San Jose and London — 16 April 2025 — eBay, a global commerce leader that connects millions of buyers and sellers around the world, today announced its strategic partnership with Checkout.com, a leading global digital payments platform. Through this partnership, […]
Amazon Web Services and Manara collaborate to develop Cloud Talent across MENA
Dubai: Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN),is proud to announce its collaboration with Manara, the social impact startup dedicated to unlocking the untapped potential of top technology talent in the Middle East & North Africa (MENA), including women in the Kingdom of Saudi Arabia and the United Arab Emirates. Together, they […]
Qatar Central Bank Launches ‘Multiple Wallets per Mobile Number’ Feature to Enhance Mobile Payments
DOHA: Qatar Central Bank (QCB) has announced the provision of the ‘Multiple Wallets per Mobile Number’ feature in Qatar Mobile Payment (QMP) system. In line with the Third Financial Sector Strategy and as part of Qatar Central Bank’s ongoing efforts to enhance the mobile payment services in the country, QCB has announced the ‘Multiple Wallets […]
UAE Ranked Number One Globally for Entrepreneurship for Fourth Consecutive Year: GEM Report
Dubai, UAE – April 2025 — The United Arab Emirates (UAE) has once again solidified its status as a global leader in entrepreneurship, ranking number one worldwide for the fourth consecutive year, according to the latest Global Entrepreneurship Monitor (GEM) report. The annual report, released earlier this year, evaluated countries based on 13 key ‘GEM […]
QIB Partners with Visa to launches Visa+ to simplify international money transfers
Doha, Qatar – Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has partnered with Visa, a global leader in digital payments, to become the first bank in Qatar to launch the Visa+ (Visa Direct Alias Directory) for its customers. This innovative service offers QIB’s customers a more convenient, secure and faster way to send money to […]
AI firm BridgeWise secures DIFC license and strategic investment from Emirates NBD
Dubai, UAE: BridgeWise, a global AI-powered investment intelligence platform, today announced its official entry into the Middle East after securing an operational license from the Dubai International Financial Centre (DIFC). This move marks a significant milestone in BridgeWise’s global growth strategy and strengthens its presence in one of the world’s most dynamic fintech ecosystems. In tandem […]
