Digified secures FRA approval for AI-powered digital identity platform in Egypt

Digified secures FRA approval for AI-powered digital identity platform in Egypt

Digified is proud to announce that it has secured regulatory approval from the Financial Regulatory Authority (FRA) for its AI-powered digital onboarding, eKYC, and e-contracting services tailored for non-banking financial  institutions (NBFIs) in Egypt. With this regulatory milestone, lending, investment, and insurance companies regulated by the FRA can now fully create digital IDs, verify their e-kyc, and sign […]

Al Maryah Community Bank partners with Al Fardan Exchange to expand account deposit services

Al Maryah Community Bank partners with Al Fardan Exchange to expand account deposit services

Abu Dhabi: Al Maryah Community Bank (Mbank), the leading digital bank in the UAE, has announced a strategic partnership with Al Fardan Exchange, one of the UAE’s most trusted and long-standing financial services providers, to offer customers fast and convenient account deposit services across the country. With over 90 Al Fardan Exchange branches located throughout the […]

Mastercard and Monak Launch Platform to Empower Migrant Workers with Seamless Cross-Border Payments and Digital Financial Services

Mastercard and Monak Launch Platform to Empower Migrant Workers with Seamless Cross-Border Payments and Digital Financial Services

The innovative platform enables secure, affordable cross-border payments for migrant workers and streamlines onboarding and payroll for employers Muscat, Oman, 5 August 2025: Mastercard has joined forces with Monak, an Oman-based fintech company, to launch a digital financial services platform that enhances cross-border money transfers for migrant workers and improves wage disbursement and onboarding processes for […]

Tarabut secures in-principle approval from the Central Bank of the UAE

Tarabut secures in-principle approval from the Central Bank of the UAE

Dubai, UAE: Tarabut, MENA’s leading open banking and embedded finance platform, has received in-principle approval from the Central Bank of the United Arab Emirates (CBUAE) following the introduction of the UAE’s Open Finance regulation. This milestone positions Tarabut at the forefront of Open Finance in the region and marks the third national regulatory license for the […]

AI12 Ltd. Receives DFSA Authorization and Officially Establishes in DIFC as a Regulated (Re)Insurance Brokerage

AI12 Ltd. Receives DFSA Authorization and Officially Establishes in DIFC as a Regulated (Re)Insurance Brokerage

– Strengthens service delivery across aviation and specialty lines from a strategic global hub – Reinforces AI12’s commitment to trust, transparency, and international standards Dubai, UAE – AI12 Ltd., a global specialist insurance and reinsurance brokerage, is proud to announce its official establishment as a DFSA-regulated entity within the Dubai International Financial Centre (DIFC). This milestone […]

ADIB partners with Visa To become first bank globally to offer real-time transfers to 11bln cards, wallets and accounts

ADIB partners with Visa To become first bank globally to offer real-time transfers to 11bln cards, wallets and accounts

Dubai, UAE: Abu Dhabi Islamic Bank PJSC (ADIB), a leading Islamic financial institution, has partnered with Visa, a global leader in digital payments, to launch Remit!, a new real-time cross-border money transfer service. Powered by Visa Direct, the service enables ADIB customers to send money to more than 11 billion cards, digital wallets, and accounts worldwide, […]

IAMTN at 20: A Global Force for Financial Inclusion and Innovation in Cross-Border Payments

IAMTN at 20: A Global Force for Financial Inclusion and Innovation in Cross-Border Payments

More than two decades ago, Veronica Studsgaard found herself navigating the complexities of a new business in an unfamiliar industry. With limited access to peers and no clear platform for collaboration, she recognised a critical gap in the cross-border payments sector. Determined to create a space for knowledge exchange, partnership and innovation, Veronica founded the International Association […]

RAKEZ and Peko join forces to simplify SME operations with digital solutions

RAKEZ and Peko join forces to simplify SME operations with digital solutions

Ras Al Khaimah Economic Zone (RAKEZ) has partnered with UAE-based fintech company Peko to offer its clients a range of automated services that streamline day-to-day operations. From invoicing and payroll to utility payments and business travel bookings, the new services are accessible via RAKEZ’s client portal, supporting SMEs with greater convenience and control. The partnership […]

Kuickpay Partners with Visa to Transform B2B Payments and Unlock SME Growth in Pakistan

Kuickpay Partners with Visa to Transform B2B Payments and Unlock SME Growth in Pakistan

Karachi, Pakistan – Kuickpay has announced a strategic partnership with Visa, the world leader in digital payments, to launch an innovative Business Payment Service Provider (BPSP) platform. This collaboration aims to modernize business-to-business (B2B) payments and invoice financing across Pakistan. The new platform is set to empower businesses in Pakistan by digitizing and optimizing their vendor payments, […]