SHARJAH: As part of its ongoing efforts to advance its digital financial infrastructure and enhance the efficiency of the government payment ecosystem, Sharjah Finance Department (SFD) continues to develop its “Tahseel” system and expand the payment options available across its various channels. These efforts aim to provide customers with a more integrated, flexible and secure […]
Shukria and Mastercard announce strategic collaboration to advance commercial payments in the UAE
Dubai, UAE: Shukria, Mercury’s digital payments and business solutions brand, today announced its collaboration with Mastercard to launch the Shukria Commercial Card, designed for merchants and other companies across the UAE. The move expands its offering beyond payment acceptance, reinforcing its vision of equipping businesses with practical financial solutions that support their evolving needs in an […]
CIB-backed digital banking platform, yomo secures Initial Banking Licence, Ready to Lead Egypt’s Digital Banking Evolution
CIB-backed digital banking platform, yomo, set to make managing money simpler, more accessible and more empowering for millions of Egyptians at home and abroad. Cairo, Egypt: Commercial International Bank – Egypt (CIB) announces that the Bank received today preliminary approval from the Central Bank of Egypt to establish yomo digital bank, in line with Egypt’s digital […]
Capital.com to Offer Spot Virtual-Asset Services in the UAE after Capital Vault Secures full CMA Licence
Capital.com clients in the UAE will be able to buy and hold crypto-assets, following a full CMA licence granted to affiliate Capital Vault Virtual Services L.L.C – S.P.C. ABU Dhabi , UAE: Capital.com today announced plans to offer virtual-asset investment services to clients in the UAE. The move follows a licence granted to its affiliate, Capital […]
SNB Group Launches the First World Legend Mastercard in the Middle East and North Africa (MENA) Region
Riyadh, Saudi Arabia; SNB Group, in collaboration with Mastercard, today announced the launch of the SNB World Legend Mastercard, becoming the first financial institution in the Middle East and North Africa to to offer Mastercard’s most prestigious card tier to its Private Banking clients. The launch reflects SNB Group’s continued commitment to delivering innovative banking solutions and […]
FAB’s Digital Financial Platform Payit Launches ‘Send Now Pay Later’ for International Transfers
Abu Dhabi, UAE: First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, has announced that Payit, its digital financial platform, has launched Send Now Pay Later (SNPL), giving eligible customers greater flexibility and control over how they send money internationally. Whether it’s supporting family during an […]
Ministry of Finance partners with DIFC to develop the next generation of financial leaders and advisers
Two specialised programmes structured around four core pillars covering leadership development, artificial intelligence, financial analysis, strategic planning and financial advisory Flexible learning framework offering face-to-face, virtual and hybrid delivery Younis Haji AlKhoori: Partnership reflects the Ministry’s vision of building a more efficient, sustainable and innovation-driven public financial ecosystem Arif Amiri: This collaboration reinforces DIFC’s commitment to […]
BENEFIT Launches Digital Direct Debit to Advance Lending in Bahrain
BENEFIT, Kingdom’s innovator and leading company in fintech and electronic financial transactions service, has launched its Digital Direct Debit service, bringing credit and payment capabilities together to support a more connected lending journey, from credit assessment through to the secure and timely repayment of financial obligations. The service allows banks and financial institutions to establish […]
Jordan Ahli Bank introduces Jordan’s first ‘Rent Now, Pay Later’ Service
Amman: Jordan Ahli Bank has launched the Kingdom’s first-of-its-kind ‘Rent Now, Pay Later’ service in the banking sector, granting customers a flexible way to finance residential rent. This step demonstrates the bank’s unwavering focus on developing practical banking solutions that respond to the changing needs and lifestyles of its customers. Accessible through the ahli Mobile app, the […]
Abdallah Abu-Sheikh: Mal is Building the World’s First AI-Native Islamic Digital Financial Platform
Abu Dhabi, UAE – Abdallah Abu-Sheikh, Founder and CEO of Mal, said AI is creating an opportunity to rethink financial services around the customer, moving beyond traditional digital banking towards platforms that can better understand individual needs, bring financial services together and help customers make more informed decisions about their money. Unlike traditional digital banking, where […]
