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 […]
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 […]
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 […]
– 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 […]
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, […]
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 […]
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 […]
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, […]
Qatar Central Bank (QCB) has granted Express Sandbox entry approval to Paywise LLC (Dibsy), which offers Open banking powered payment initiation services. In a post on the X platform, QCB stated that this step is in line with the Third Financial Sector Strategy, the FinTech Strategy, and the Bank’s broader efforts to develop and regulate […]
Kamco Invest, a regional non-banking financial powerhouse with one of the largest AUMs in the region, today (July 28) announced that its private equity team has acquired a stake in Foodics, a leading cloud-based technology and payments platform for restaurants in the Mena region. Foodics was established in 2014 and supports more than 33,000 restaurants […]