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

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

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Morocco's central bank to investigate the use of CBDC

News | Cryptocurrencies | 22 Feb 2021

Morocco’s central bank Bank-Al-Maghrib (BAM) has announced is investigating the benefits of launching a central bank digital currency (CBDCs).

CBDC, central bank digital currency, bam, bank-al-maghrib, Moroccan bank, cryptocurrency, Bitcoin, crypto regulation

inwi money launches international money transfer capability

News | Online Payments | 22 Sep 2020

inwi money has expanded its offering with the launch of an international money transfer service for its customers.

inwi money, international money transfer, WorldRemit, online money transfer, money wallet, digital payments Morocco

CIH Bank automates corporate banking services with Finastra

News | E-invoicing, SCF & E-procurement | 10 Aug 2020

Finastra has announced that CIH Bank, a Moroccan-based commercial bank, has gone live with Fusion Corporate Channels and Fusion Trade Innovation, to digitize its end-to-end corporate banking services. 

CIH Bank, corporate banking, Finastra, trade, supply chain finance

Morocco's Central Bank asks banks to freeze distributing dividends

News | Payments General | 13 May 2020

Bank Al Maghrib, Morocco’s Central Bank, has asked banks not to pay 2019 dividends to shareholders.

Morocco, banks, Bank Al Maghrib, Morocco’s Central Bank, coronavirus, COVID-19, loan, payments

BMCE Bank of Africa obtains EUR 145 mln from EBRD for SMEs

News | E-invoicing, SCF & E-procurement | 23 Apr 2020

Morocco-based BMCE Bank of Africa has secured a EUR 145 million loan from the EBRD to support small- and medium-sized enterprises (SMEs).

BMCE Bank of Africa, EBRD, SME, COVID-19, solidarity package, multi-currency trade finance, export and import transactions, coronavirus resilience program framework, Africa, MENA

Bank Assafa goes live with iMAL

News | Online & Mobile Banking | 07 Feb 2020

Path Solutions, the global Islamic banking software provider, has announced that Bank Assafa has gone live with the latest version of iMAL in its headquarters in Casablanca.

Bank Assafa, iMAL, Path Solutions, banking, ethical banking, core banking

Idemia to supply biometric ID cards to Morocco for online services and transactions

News | Cards | 02 Dec 2019

Idemia has announced it will supply the new biometric national ID smartcard for Morocco.

IDEMIA, biometrics, ID cards, Morocco, online services, transactions , e-IDs, Service Providers, authentication, government

Moroccos moment - the realm of new ecommerce opportunities

Voice of the Industry | Ecommerce | 25 Sep 2019

Michel Golffed, dLocal: "As Morocco begins to modernise its payments landscape, an opportunity exists for first movers who are able to build trust in the country."

Morocco, dLocal, ecommerce, Africa, marketplace, Jumia, payments , retail, emergent market, bank, bank account, digital wallet, credit card, debit card, Visa, MasterCard, fraud prevention, financial inclusion

BMCI bank in Morocco launches a biometric card called Visa Infinite

News | Cards | 25 Apr 2022

Morocco-based BMCI bank has given clients the opportunity to apply for biometric payment cards that authenticate contactless payments with fingerprints.

Visa, biometric authentication, contactless payments, payment methods

Biometric payment cards with fingerprint tech launched in Morocco

News | Digital Identity, Security & Online Fraud | 29 Apr 2022

Global biometrics company Fingerprints has announced that its technology will be used for two commercial biometric payment card launches in Morocco, according to IBS Intelligence.

 

biometrics, debit card, credit card

Mosaiclab launches Konta, an invoice processing platform

News | E-invoicing, SCF & E-procurement | 12 Jul 2021

fintech, startup, e-invoicing, SaaS, funding, product launch

Thunes enters partnership with Attijariwafa bank

News | Payments General | 13 Jul 2022

Thunes, a cross-border payments company, has entered a strategic partnership with Attijariwafa bank, one of the largest banks in Morocco and Africa.

partnership, banks, expansion, cross-border payments, blockchain

Chari.ma acquires Karny.ma

News | Ecommerce | 30 Aug 2021

Morocco-based ecommerce startup Chari.ma has acquired fintech Karny.ma to enable mobile money payments to customers.

ecommerce, startup, acquisition, fintech, mobile payments

Lacaisse.ma to expand POS product after new fund

News | Mobile Payments | 06 Sep 2021

Morocco-based fintech startup Lacaisse.ma has received funding from investment firm WitaMax to upgrade their digital product for POS management.

product upgrade, mobile payments, startup

Morocco's ecommerce market jumped 36% over 2021, study shows

News | Ecommerce | 15 Aug 2022

The Moroccan Monetary Centre (CMI) has issued a report showing that the number of online payments transactions has jumped by 36% over 2021.

ecommerce, customer experience, online shopping, online payments

Moroccan startup Chari raises bridge round at USD 100 mln valuation

News | Online Payments | 24 Jan 2022

Morocco-based ecommerce startup Chari has raised a bridge round of funding that values the company at USD 100 million, to test the BNPL services with its existing customers.

startup, funding, delivery, BNPL, fintech

Thales opens cyber Security Operations Centre in Morocco

News | Digital Identity, Security & Online Fraud | 06 Apr 2022

Technology company Thales has launched a new cyber Security Operations Centre (SOC) in Morocco for real-time protection against cyber-attacks.

cybersecurity, expansion, cybercrime, digitalisation, fraud detection