SkySparc, a trusted global provider of digital transformation solutions for treasury and finance organizations, today announced the establishment of a new presence in Dubai. SkySparc will deepen its engagement across the Middle East, leveraging the firm’s recent acquisition of Inovotek Solutions and its current relationships with financial institutions throughout the region. The Dubai entity represents […]
Abu Dhabi, UAE – Ripple, a financial technology company that offers crypto solutions for businesses, today announced that its USD-backed stablecoin Ripple USD (RLUSD) has been recognized as an Accepted Fiat-Referenced Token by Abu Dhabi’s Financial Services Regulatory Authority (FSRA), enabling use within the ADGM, the international financial centre of Abu Dhabi, the Capital of the […]
SHARJAH – The Sharjah Finance Department (SFD) has launched its Postpaid Payment Service for government fees and transactions, in collaboration with Tabby, in line with Sharjah’s vision to enable digital financial services and facilitate access to them. The partnership aims to offer flexible and convenient payment options that allow customers to manage their financial commitments […]
Dubai, United Arab Emirates: Standard Chartered announced today the findings of its latest ‘Future of Trade: Digitisation’ report, which identifies the United Arab Emirates as the most advanced market globally for digital trade readiness. The findings underline the UAE’s strong foundations in digital infrastructure, regulatory clarity and corporate adoption of technologies that are reshaping cross border […]
Dubai, UAE — botim money, the financial services arm of Astra Tech, has entered a long-term WPS partnership with City Exchange, one of the UAE’s leading payroll processors, to launch a co-branded Salary Card that expands digital salary access and accelerates financial inclusion for workers across the country. The Wage Protection System (WPS), mandated by the […]
National Bank of Kuwait (NBK), Kuwait’s leading financial institution and a cornerstone of regional banking excellence, celebrated the official inauguration of its new branch in Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa, and South Asia (MEASA) region. The event underscores NBK’s commitment to deepening economic ties between […]
Dubai, UAE – Visa (NYSE: V), a global leader in digital payments, today announced the expansion of its stablecoin settlement capabilities across the Central and Eastern Europe, Middle East and Africa region (CEMEA) through a partnership with Aquanow, a global digital assets platform expert in liquidity and infrastructure solutions. The integration of Aquanow’s digital asset infrastructure […]
Dubai, UAE – UnionPay International (UPI) and Amazon Payment Services have announced a strategic collaboration in the Middle East and North Africa (MENA) region, across countries including UAE, Saudi Arabia, Qatar, Bahrain, Kuwait, Egypt, Jordan, and Lebanon. Luping Zhang, General Manager of UnionPay International Middle East and Pablo Londono, Managing Director of Amazon Payment Services, signed […]
Fundraise provides liquidity for employees, deepens partnerships with leading investors. Transaction was led by Coatue, Greenoaks, Dragoneer, and Fidelity Management & Research Company with participation from NVentures, NVIDIA’s venture capital arm, and other leading investors. Valuation follows period of strong financial performance and major global expansion milestones, including new banking authorisations in Mexico and Colombia. […]
The new suite of enhanced global dining, entertainment and travel benefits has been designed for cardholders of Mastercard’s World, World Elite and the newly created World Legend portfolios Dubai, United Arab Emirates: Mastercard has launched The Mastercard Collection, a new suite of enhanced global dining, entertainment and travel benefits, in the Eastern Europe, Middle East and […]