UAE Wall Street Exchange partners with TerraPay

UAE Wall Street Exchange partners with TerraPay to enable Cross-Border Payments and Advance Financial Inclusion

December 19, 2024 Dubai: Wall Street Exchange (WSE), a subsidiary of FINTX, the financial arm of 7X, signed a strategic partnership agreement with TerraPay, a global money movement company, to drive efficiency, reliability, and affordability in international money transfers and promote financial inclusion. This collaboration is set to expand WSE’s payment channels via TerraPay’s network, making […]

Qatar Ooredoo Fintech, PayPal Announce 'first-of-its-kind Fintech Partnership' in GCC

Qatar Ooredoo Fintech, PayPal Announce ‘first-of-its-kind Fintech Partnership’ in GCC

Doha, Qatar — Ooredoo Fintech, the financial arm of Ooredoo Qatar, has announced a strategic partnership with global payments leader PayPal. This groundbreaking collaboration enables Ooredoo Money users in Qatar to seamlessly transfer funds between their wallets and PayPal accounts, while unlocking access to PayPal’s global commerce capabilities. This partnership is the first of its […]

Mastercard and Buna Partner

Mastercard and Buna Partner to Revolutionize Cross-Border Payments Across MENA Region

November 7, 2024 | Dubai, UAE – In a groundbreaking public-private partnership, Mastercard and the Arab Regional Payment System, Buna, are collaborating to transform cross-border payments into and out of the Middle East and North Africa (MENA) region. This alliance aims to simplify and expedite cross-border transactions, offering faster, more affordable, and transparent payment solutions […]

Central Bank of UAE enhances cross-border open finance interoperability

Central Bank of UAE enhances cross-border open finance interoperability through ‘Project Aperta’ –

The Central Bank of the UAE (CBUAE) has announced a groundbreaking initiative, Project Aperta, aimed at linking open finance infrastructures across various jurisdictions. The project, in collaboration with leading international financial authorities, seeks to create a trusted network that enhances cross-border interoperability for financial institutions and businesses, specifically focusing on facilitating trade finance for small […]

Mastercard Launches “Move Commercial Payments” For Real-Time Cross-Border Transactions for Banks

Mastercard Launches “Move Commercial Payments” For Real-Time Cross-Border Transactions for Banks

Beijing & Purchase, New York – October 21, 2024 – Mastercard has announced the launch of its latest product, Mastercard Move Commercial Payments, designed to streamline and transform cross-border commercial payments for banks. Revealed at the annual Sibos conference in Beijing, this groundbreaking solution aims to address long-standing challenges in the cross-border payment ecosystem, providing […]

National Bank of Pakistan Partners with myZoi

National Bank of Pakistan Partners with myZoi to Offer Seamless Cross-Border Transfers for Pakistani Workers in the UAE

Karachi, Pakistan – In a significant move to enhance financial inclusion and convenience, the National Bank of Pakistan (NBP) has announced a strategic partnership with myZoi Financial Inclusion Technologies (myZoi), a UAE-based fintech company dedicated to fostering financial literacy and accessibility. This collaboration is designed to make cross-border fund transfers more accessible, especially for underbanked […]

Worldwide Cash Express and TerraPay Forge Strategic Partnership

Worldwide Cash Express and TerraPay Forge Strategic Partnership to Enhance Cross-Border Payments

Worldwide Cash Express, a leading global provider of money transfer services and a subsidiary of Al Ansari Financial Services PJSC (DFM: ALANSARI), today announced a strategic partnership with TerraPay, a global money movement company. This collaboration aims to enhance cross-border payment solutions, offering clients faster, more secure, and cost-effective services. The partnership allows Worldwide Cash […]

MoneyMatch and Trade Foresight™ Sign MoU to Pioneer Cross-Border Payment Integration

MoneyMatch and Trade Foresight™ Sign MoU to Pioneer Cross-Border Payment Integration

MoneyMatch, a recipient of Cradle’s CIP300 and an investee of Cradle Seed Ventures, has announced the successful signing of a Memorandum of Understanding (MoU) with Trade Foresight, a leading Data and AI-Driven Global TradeTech platform. This strategic collaboration aims to integrate cross-border payment solutions through an initial pilot test, leveraging Trade Foresight’s vast clientele. The […]

du Pay Announces Exciting Partnership with Western Union

du Pay Announces Exciting Partnership with Western Union to Streamline Cross-Border Payments

In a move set to revolutionize international money transfers, du Pay has just unveiled its groundbreaking collaboration with global financial giant, Western Union. This strategic partnership aims to enhance the user experience and streamline cross-border transactions through the innovative du Pay app. With Western Union’s extensive transfer infrastructure and unparalleled expertise in connectivity, coupled with […]

Pakistani Fintech JazzCash Partners with UAEs du Pay

Pakistani Fintech JazzCash Partners with UAE du Pay for Cross-Border Payments

In a move aimed at streamlining cross-border payments and bolstering financial accessibility, JazzCash, a leading digital financial services provider in Pakistan, has inked a strategic partnership with du Pay, a prominent fintech player based in the United Arab Emirates (UAE). The collaboration is poised to simplify remittance processes crucial for sustaining households and fortifying economic stability within […]