Mastercard simplifies cross-border payments for Asia Pacific SMEs

Mastercard simplifies cross-border payments for Asia Pacific SMEs

MARCH 11, 2026 | SINGAPORE Single platform delivers multi-currency support, real-time visibility and seamless integration Small and medium-sized enterprises (SMEs) across Asia Pacific are moving faster into global trade, but the complexity and limited visibility in corresponding payments processes continue to slow growth. Mastercard today announced that it is introducing Mastercard Global Commerce Suite for […]

Central Bank of the UAE (CBUAE) wins the Risk Manager of the Year Award 2026

Central Bank of the UAE (CBUAE) wins the Risk Manager of the Year Award 2026

Abu Dhabi: The Central Bank of the United Arab Emirates (CBUAE) has been named ‘Risk Manager of the Year 2026’ at the prestigious Central Banking Awards. Presented by the UK- based Central Banking publication, the award recognises central banks that demonstrate exceptional excellence and adopt world-class methodological practices in risk management. This global award serves as […]

TransFi surpasses $1bln in processed volume, expands cross-border payments reach across 70+ countries

Dubai, UAE, TransFi, a global payments infrastructure and orchestration company focused on emerging markets, today announced that it has surpassed $1 billion in processed volume on its platform, marking a significant milestone in the company’s growth. The company also said it is set to achieve $5 billion processed transaction volume in the next 12 months, based on the current […]

Finastra partners with FraudAverse to deliver AI-powered, real-time fraud prevention for global payments

Finastra partners with FraudAverse to deliver AI-powered, real-time fraud prevention for global payments

Dubai, United Arab Emirates – Finastra, a global leader in financial services software, today announced its partnership with FraudAverse, a global leader in financial crime prevention and fraud detection. The collaboration brings an advanced, AI-driven fraud prevention solution to Finastra’s Financial Messaging customers, delivering real-time protection against emerging threats and reducing operational costs. “As payment volumes […]

TDB Group signs its first sustainability‑linked loan with SMBC, advancing impact finance across Africa

TDB Group signs its first sustainability‑linked loan with SMBC, advancing impact finance across Africa

Ébène, Mauritius – The Trade and Development Bank Group (TDB Group) is pleased to announce the successful conversion of its bilateral facility with Sumitomo Mitsui Banking Corporation (SMBC) into a Sustainability Linked Loan (SLL), the first of its kind to be received for TDB. The bilateral facility has been structured as an SLL effective 4 February 2026, […]

Rentify launches UAE's first AI-native rent infrastructure with ‘Rentify Pay’

Rentify launches UAE’s first AI-native rent infrastructure with ‘Rentify Pay’

Dubai, United Arab Emirates –  Rentify, a leading fintech and proptech innovator, today announced the launch of Rentify Pay, UAE’s first rent-native infrastructure layer. This launch marks a significant evolution from Rentify’s original “Rent Now, Pay Later” service, introducing a comprehensive platform that digitizes and streamlines the entire rental ecosystem for tenants, landlords, and property managers. […]

Judan Financial, an IHC subsidiary, debuts with strategic investment in Alpha Wave Global

Judan Financial, an IHC subsidiary, debuts with strategic investment in Alpha Wave Global

Alpha Wave’s investment portfolio includes leading AI companies such as SpaceX (Alpha Wave’s largest investment), Anthropic, OpenAI, Cerebras and others Judan investment to accelerate launch of Alpha Wave’s AI-native life insurance business Abu Dhabi, UAE: Judan Financial, a subsidiary of IHC, today announced its first strategic investment in US-based investment management firm Alpha Wave Global, […]

Flooss partners with Optty to expand digital consumer financing at checkout across the GCC

Flooss partners with Optty to expand digital consumer financing at checkout across the GCC

MANAMA, BAHRAIN – Flooss, Bahrain’s leading digital consumer-financing platform, today announced a strategic partnership with Optty, a global payments infrastructure provider, to expand the availability of Flooss’s digital financing solutions across merchant checkout experiences in the GCC. Founded in Bahrain by Fawaz Ghazal and Tariq Al Saffar, Flooss was established to address structural gaps in access to […]

ZagTrader Expands Institutional Market Access for Crypto Exchanges Through Bloomberg EMSX Connectivity

ZagTrader Expands Institutional Market Access for Crypto Exchanges Through Bloomberg EMSX Connectivity

Dubai, UAE – March 9 – ZagTrader, a global financial technology company powering institutional and digital market infrastructure, today announced an expanded connectivity capability that enables crypto exchanges to access institutional crypto order flow through Bloomberg EMSX, one of the most widely used execution management environments in global capital markets. With this capability, ZagTrader enables […]