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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
Dubai, UAE— Telr, the award-winning online payment gateway, has partnered with Samsung Gulf Electronics to redefine the digital payment landscape in the UAE. This collaboration integrates Samsung Pay into Telr’s comprehensive suite of payment solutions, marking a significant leap forward in the country’s e-commerce capabilities. By merging Telr’s expertise in online transactions with Samsung’s innovative […]