Doha, Qatar – December 3, 2024: Doha Bank, one of Qatar’s leading financial institutions, has announced a groundbreaking partnership with Mastercard to introduce Mastercard Move, making it the first bank in the country to launch this innovative payment solution. This strategic collaboration underscores Doha Bank’s commitment to digital banking excellence, delivering seamless, secure, and efficient […]
Tencent Weixin Palm Scan Payments System Revolutionizes Transactions in China
China has witnessed a transformative leap in payment systems with the launch of Weixin Palm Payment, a cutting-edge hand-scanning technology developed by Tencent. This innovative solution simplifies daily transactions, allowing commuters to access subways and employees to enter office buildings with a quick palm scan. Introduced in May 2023 and officially launched in September, the […]
MyFatoorah and Mastercard Partner to Revolutionize Middle East E-Commerce Payments
Through this partnership, MyFatoorah will deploy state-of-the-art payment solutions to enhance the customer experience for its 75,000+ merchants in the region. Dubai, UAE: MyFatoorah, a leading payments platform and the only payment service provider (PSP) licensed in all GCC countries offering payment solutions across the Middle East, has announced its strategic collaboration with Mastercard to introduce […]
Reem Finance partners with Temenos to launch Digital Community Bank in the UAE
GRAND-LANCY, Switzerland – NOVEMBER 28, 2024 – Temenos (SIX: TEMN) today announces that Reem Finance, a leading corporate and retail finance specialist licensed and regulated by the UAE Central Bank, has selected Temenos to power a new digital community bank in the United Arab Emirates. The move to Temenos’ cloud-based solution is part of Reem Finance’s […]
Magnati partners with Aafaq Islamic Finance to support SMEs with embedded financial solutions
Abu Dhabi, UAE – Magnati, a leading payment solution provider in the Middle East, has partnered with Aafaq Islamic Finance, an innovative digital Islamic finance provider, to launch an embedded financial solutions platform designed to support SMEs in the UAE. The platform offers a range of tailored financial services, that could help enable SMEs to […]
Bank of Communications Co. Ltd. expands global footprint in the Middle East with DIFC Branch
Dubai, UAE: Bank of Communications Co. Ltd. (BOCOM), one of the oldest financial institutions and first national state-owned joint-stock bank in China, has expanded its global presence by setting up in Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region. BOCOM has chosen DIFC to […]
Leading GCC banks Emirates NBD and Mashreq back Syndicated Loans platform – LoanBook
With this investment, LoanBook gains significant resources, scale, and industry support to deliver transformative solutions to the loan capital markets. Dubai, UAE: Emirates NBD and Mashreq Bank today announced a strategic investment in NewBridge Fintech Solutions, a fintech firm and owner of LoanBook, an EMEA-focused, next-generation platform digitising the syndicated loan and private credit markets. LoanBook […]
UK-based wealthtech company EXANTE Expands Global Footprint with New Office in DIFC
Dubai, UAE – 26 November 2024 – EXANTE, a globally recognized fintech leader, has announced the opening of its new office in the Dubai International Financial Centre (DIFC). This marks a significant step in EXANTE’s mission to expand its presence in key financial hubs worldwide. The move enables EXANTE to offer its cutting-edge brokerage solutions […]
Bahrain Leads Global Innovation in Open Banking with The BENEFIT Company, Tarabut and FLOOSS
A first-of-its-kind partnership introduces centralized open banking authentication in Bahrain, creating a seamless, secure experience for consumers and setting new global standards in digital financial services. Manama, Kingdom of Bahrain – 27/11/2024: In a groundbreaking partnership, BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, and Tarabut have joined forces […]
Botim app integrates The UAE Lottery, offers users seamless access
With the launch of The UAE Lottery on Botim, users can now access a wide range of entertainment options with just a few taps Botim, the all-in-one ultra app powered by Astra Tech, has announced the integration of The UAE Lottery, the region’s first and only fully regulated lottery operation. The partnership provides UAE residents, […]
