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Discover all the payments and fintech-related news and analysis about Kuwait in The Paypers News, Reports, along with other Kuwait-specific insights on the payments and fintech industry:

Discover all the payments and fintech-related news and analysis about Kuwait in The Paypers News, Reports, along with other

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Kuwait news: Open Banking and SWIFT transfers

News | Online & Mobile Banking | 28 Nov 2022

Recently, the Central Bank of Kuwait has requested banks to update their plans for the implementation of the Open Banking Services project, according to Al-Rai.

Open Banking, regulation, central bank, SWIFT

Mastercard partners Google to bring Google Pay to Kuwait

News | Online Payments | 03 Mar 2023

Global payment technology company Mastercard has partnered with Google in order to strengthen digital payment capabilities in Kuwait.

digital payments, online payments, partnership, virtual card

KIB to launch biometric payment cards using Zwipe

News | Cards | 26 May 2023

Kuwait International Bank has announced that it will launch a biometric payment card based on Zwipe’s platform, under the Visa Infinite Black package.

product launch, partnership, fraud management, fraud detection, fraud prevention, online fraud, online security, biometrics, digital identity

Kuwait prohibits the use of crypto for payments and investments

News | Cryptocurrencies | 21 Jul 2023

The Capital Markets Authority has prohibited the use of cryptocurrencies for payments, investments, and digital assets mining in Kuwait.

cryptocurrency, digital assets, regulation, compliance

Commercial Bank of Kuwait partners with Network International

News | Online & Mobile Banking | 05 Feb 2024

Commercial Bank of Kuwait (Al-Tijari) has entered a strategic partnership with Network International to augment its digital banking and payment transformation.

digital banking, digitalisation, fraud detection, tokenization, digital payments

NBK launches the 'WAMD' Instant Payment service on its mobile banking app

News | Mobile Payments | 02 Jul 2024

The National Bank of Kuwait (NBK) has revealed the launch of the Instant Payment Service (WAMD) within its app, beginning on June 30, 2024.

payments , instant payments, transactions , mobile payments, digital payments

NBK launches payment verification service

News | Digital Identity, Security & Online Fraud | 23 Aug 2024

The National Bank of Kuwait (NBK) has announced the launch of a new service that enables customers to confirm their payment transactions online via the NBK Mobile Banking app. 

identity verification, digital payments, digital verification, online payments, online shopping

Kem Secures USD 3 million investment from Tether

News | Cryptocurrencies | 23 Aug 2024

Kuwait-based fintech Kem has secured a USD 3 million investment from Tether as part of its ongoing efforts to expand its presence in the P2P payments sector.

cryptocurrency, funding, investment, financial services, P2P payments

NBK launches new prepaid card with a cashback feture

News | Cards | 23 Aug 2024

The National Bank of Kuwait (NBK) has launched a new prepaid card that introduces a new ‘Double Earning’ feature in Kuwait.

product launch, cashback, debit card, financial inclusion

Weyay Bank launches multicurrency card for digital users

News | Online & Mobile Banking | 26 Aug 2024

Weyay Bank has launched a new Multicurrency Prepaid Card designed for its digital banking app users.

prepaid card, digital banking, mobile banking, real-time payments

Boubyan Bank taps Temenos for banking platform modernisation

News | Online & Mobile Banking | 06 Aug 2024

Kuwait-based Islamic bank Boubyan Bank has selected Temenos to modernise its core banking systems.

API, digitalisation, Islamic banking, cloud