The product averaged 60 million real-time optimizations each day in 2024, increasing merchant acceptance rates by an average of 3.8%. Enterprise brands including Vinted, Papa Johns, and Delivery Hero are among those benefiting. MIDDLE EAST: Checkout.com, a leading global digital payments company, has announced that its Intelligent Acceptance product, an AI-powered engine designed to help enterprise […]
March 25, 2025 Dubai – UAE: Alhuda Center of Islamic Banking and Economics (CIBE), a globally recognized leader in promoting Islamic banking and finance, has signed a landmark agreement with Autosoft Dynamics, a renowned banking software solutions provider, to introduce cutting-edge core banking system along with end-to-end Shariha Compliance Islamic Suite (Consumer & Commercial) for Banking / […]
enza, a leading innovator in African payment solutions, announced today that it has secured a $6.75 million investment in a seed equity round co-led by Algebra Ventures and Quona Capital. This milestone marks the first external funding for enza and will accelerate the company’s mission to “liberate the world of payments for more inclusive, opportunity-led […]
(Bloomberg) — Temasek Holdings Pte.’s $54 billion asset management holding company is opening an office in Abu Dhabi, joining a flurry of financial firms that have recently set up in the oil-rich emirate. The firm, known as Seviora, will be based in the city’s financial hub, ADGM. “The new office, coupled with Seviora’s existing offices […]
UAE, Dubai – Tap. Pay. Done. This simple, secure, and increasingly mobile action has transformed the shopping experience and unlocked opportunities for small businesses worldwide. Today, Visa announced that Tap to Phone has experienced a 200% increase over the past year, supporting millions of sellers of all sizes. In the UAE, adoption rates have also surged, […]
Doha, Qatar: Ooredoo Fintech has announced a strategic partnership with Mashreq to transform payroll solutions for businesses across Qatar. This collaboration will offer seamless, secure, and compliant Wages Protection System (WPS) salary payment services through Ooredoo Money, enhancing efficiency and promoting financial inclusion while adhering to Qatar Central Bank (QCB) regulations. The agreement was officially […]
Dubai, UAE – Al Ansari Financial Services PJSC announced that its shareholders have approved the Board of Directors’ recommendation to distribute a total cash dividend of AED 315 million (4.2 fils per share) for 2024. This represents approximately 78% of the company’s net profit after tax for the year. During the Annual General Assembly, shareholders approved […]
DUBAI, United Arab Emirates; March 19, 2025 – Accenture (NYSE: ACN) has joined forces with the Commercial Bank of Dubai (CBD) to train the bank’s employees in the fields of data and AI. As the first bank in the UAE to launch an enterprise-wide data literacy programmme, CBD is setting a new standard by enabling […]
Muscat, Oman – March 20, 2025 – Amwal Pay, a leading provider of digital payment solutions, has announced the expansion of its services in Oman with the introduction of an integrated and advanced online payment gateway, designed to enhance the digital payments ecosystem and provide businesses with a seamless, fast, and secure payment experience. With a […]
In a major step toward redefining in-app gaming, PlaysOut has closed a $7 million seed funding round at a $70 million valuation. With backing from prominent investors such as OKX Ventures, KBW Ventures, and Pacific Century Group, the multi-engine mini-game platform is poised to dominate a market projected to be worth between $6-10 billion. Co-founder Jassem Osseiran […]