Dubai, UAE – [18/06/26] – VaultsPay, a CBUAE-licensed Retail Payment Services Provider, today announced its strategic partnership with SalisPay Technology Services, a leading payments infrastructure and technology enabler in the MENA region, to launch a comprehensive next-generation payments platform for Merchants, Payment Aggregators, and Enterprise Businesses across the United Arab Emirates. As VaultsPay’s designated Technical […]
Flashy Front Ends Can Hide Operational Realities… Until They Can’t
Article by: Makram Salloum, Regional Vice President – Middle East, Backbase GCC banks have done something real. Onboarding journeys that took weeks now take minutes. SMEs access financing, trade services, and relationship management through polished digital portals. By almost every front-end measure, the region looks transformed. But looking transformed and being transformed are different things. […]
Revolut Obtains Approval for Stored Value Facilities and Retail Payment Services Licences from the Central Bank of the UAE
Revolut has received its Stored Value Facilities and Retail Payment Services (Category II) licences from the Central Bank of the UAE (CBUAE), following in-principle approval last year 17 June, 2026, Dubai, United Arab Emirates – Revolut, the global fintech with over 75 million customers worldwide, today announced that it has received its Stored Value Facilities […]
CoinMENA FZE and Standard Chartered establish banking agreement in the UAE
Agreement reflects growing collaboration between regulated digital asset firms and established financial institutions in the UAE Dubai, United Arab Emirates, Wednesday 17 June, 2026: CoinMENA FZE, a VARA-licensed broker-dealer providing virtual asset services in the MENA region, today announced a strategic relationship with Standard Chartered, strengthening fiat payment infrastructure for its growing customer base. Under […]
CBUAE achieves a new milestone in financial innovation through Aperta
The breakthrough prototype enables secure, real-time cross-border financial data exchange, strengthening global connectivity and facilitating more efficient access to international markets. Abu Dhabi: The Central Bank of the UAE (CBUAE) announces the successful completion of Project Aperta, an international initiative led by the Bank for International Settlements (BIS) to enable secure and interoperable cross‑border open finance. […]
Direct Debit System (DDS) partners with HSBC to accelerate digital direct debit adoption across UAE
Dubai, UAE: Direct Debit System FZ LLC (DDS), the UAE’s only non-bank paperless direct debit platform, has announced a strategic partnership with HSBC Bank Middle East Limited (UAE Branch) (HSBC) to expand access to the UAE Direct Debit System (UAEDDS) for HSBC’s new and existing client base across the UAE. The collaboration aims to modernise the […]
Visa Partners with OpenAI to Power the Next Generation of AI Commerce
New collaboration brings Visa’s global payment network to one of the largest AI platforms and aims to support seamless, secure transactions and broader AI-powered use cases across commerce environments supported by agents San Francisco, 17 June 2026 – Visa (NYSE: V) today announced a strategic collaboration with OpenAI to enable secure Visa payments within agentic commerce, […]
CBUAE and CBK sign strategic MOU to strengthen supervisory, financial and fintech cooperation
Abu Dhabi: His Excellency Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), and His Excellency Dr. Ahmet Ismaili, Governor of the Central Bank of the Republic of Kosovo (CBK), signed a Memorandum of Understanding (MoU) aimed at strengthening bilateral relations and facilitating the exchange of information and expertise in areas of mutual […]
Alaan launches UAE’s first AI-native business bank account, powered by ruya
Dubai, UAE: Alaan, the UAE’s leading spend management platform, today launched a business bank account with built-in intelligence, powered by ruya. With this launch, Alaan becomes the first fintech in the region to combine corporate cards, domestic and cross-border supplier payments, invoice automation, and accounting into a single AI-native platform. A major step in the company’s […]
Franklin Templeton expands UAE presence with onshore Abu Dhabi license
Abu Dhabi, UAE – Franklin Templeton today announced that it has secured licenses from the UAE Capital Market Authority (“CMA”) for its entity in Abu Dhabi, marking a significant step in its long-standing commitment to the United Arab Emirates. With this development, Franklin Templeton now operates across all three financial jurisdictions in the UAE onshore Abu […]
