Morocco's central bank to investigate the use of CBDC

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

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

CIH Bank automates corporate banking services with Finastra

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

Morocco's Central Bank asks banks to freeze distributing dividends

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

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

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

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

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

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

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

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

Chari.ma acquires Karny.ma

ecommerce, startup, acquisition, fintech, mobile payments

Lacaisse.ma to expand POS product after new fund

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

Moroccan startup Chari raises bridge round at USD 100 mln valuation

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

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