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Found 15 results in 796 milliseconds.

Emerging technologies and networks redrawing the competitive boundaries of cross-border payments for businesses

Voice of the Industry | Online Payments | 04 Mar 2024

Samee Zafar, Director at Edgar, Dunn & Company (EDC), discusses how emerging technologies and networks are redrawing the competitive boundaries of cross-border payments for businesses. 

cross-border payments, ecommerce, banks, digital payments, SMEs, SEPA, PIX, crypto, digital currency

ila Bank joins BUNA for cross-currency transactions

News | Mobile Payments | 08 Jan 2024

Bahrain-based ila Bank, a digital mobile-only bank powered by Bank ABC, has joined the Arab payment system BUNA.

cross-border payments, financial services, transactions , digital banking, mobile banking

Alif launches Alif Pay and expands into the UAE

News | Online Payments | 11 Sep 2023

Fintech Alif has launched Alif Pay in a bid to expand its footprint in the UAE and extend financial services and global remittance to UAE residents.

product launch, expansion, BNPL, financial inclusion, remittance, financial services, fintech

Bank Nizwa launches eco-friendly debit cards

News | Online & Mobile Banking | 14 Aug 2023

Oman-based Bank Nizwa has announced the launch of its new eco-friendly debit cards in the Sultanate for corporate and SMEs customers and users.

product launch, banking, online banking, digital banking, mobile banking, debit card, green finance, SMEs

Bank Nizwa and Buna to offer multi-currency cross-border payments

News | Payments General | 10 May 2023

Oman-based Bank Nizwa has formed a collaboration with Buna, a cross-border payment system owned by the Arab Monetary Fund.

cross-border payments, partnership, banking, risk management, MasterCard

Goldman Sachs rolls out transaction banking in Japan

News | Online & Mobile Banking | 17 Apr 2023

US-based banking group Goldman Sachs has announced launching a transaction banking business in Japan.

transactions , online banking, B2B payments, cloud payments

Central Bank of UAE reveals a new CBDC strategy

News | Cryptocurrencies | 24 Mar 2023

The Central Bank of UAE has revealed its plans to complete the first phase of its central bank digital currency project  in mid-2024.

CBDC, central bank, digital currency, banks

UAE central bank has announced the completion of its CBDC pilot

News | Cryptocurrencies | 31 Oct 2022

The Central Bank of the United Arab Emirates (CBUAE) has announced the completion of its CBDC pilot in partnership with commercial banks in four jurisdictions.

central bank, CBDC, cross-border payments, partnership

The Pan-African Payments & Settlement System (PAPSS) – Challenges, milestones, and the current state of affairs

Interviews | Online Payments | 07 Jul 2022

Mike Ogbalu III, Chief Executive Officer of PAPSS, answers all the ardent questions on the payments settlement system, from how the initiative started to what its future brings in an all-encompassing interview

instant payments, payment processing, instant settlement, cross-border payments

Invest Bank, Buna roll out multi-currency settlement in UAE

News | Online & Mobile Banking | 27 Jun 2022

UAE-based Invest Bank has rolled out a multi-currency payment service following a partnership with the Buna platform, according to Gulf Today.

 

partnership, settlement, banks, online banking

Vaultspay, Wibmo team to launch Pre-Paid Card Platform

News | Cards | 13 Jun 2022

UAE-based fintech VaultsPay has teamed with PayU-owned payment security provider Wibmo to launch a pre-paid card platform that aims to accelerate financial inclusion in the Middle East.

prepaid card, partnership, card scheme, fintech, PSP

AMF, Visa to boost cross-border payments in the Arab region

News | Online Payments | 30 Aug 2021

The Arab Monetary Fund (AMF) and Visa have announced the signing of a Memorandum of Understanding (MoU). 

online payments, partnership, cross-border payments, money transfer

Buna, owned by Arab Monetary Fund, to launch additional solutions

News | E-invoicing, SCF & E-procurement | 30 Mar 2021

Buna, the cross-border and multi-currency payment system owned by the Arab Monetary Fund, has announced plans to launch instant payments, in addition to other solutions.

cross-border payments, trade finance, payment methods, SWIFT

AMF reveals digital ID and e-KYC guidelines

News | Digital Identity, Security & Online Fraud | 29 Apr 2020

The Arab Monetary Fund, AMF, has announced the publication of Digital Identity and e-KYC Guidelines for the Arab Region issued by the Arab Regional Fintech Working Group. 

AMF, launch, digital ID, e-KYC, for the Arab Region, the Arab Monetary Fund, onboarding, compliance, AML, financial services, loans, bank accounts, ATMs

Arab Funds signs USD 300 mln financing agreement with Sudan

News | E-invoicing, SCF & E-procurement | 19 Mar 2019

The Sudan Finance Ministry has recently signed a USD 300 worth of loan deal with Arab Funds to support trade finance and the balance of payments.

Arab Funds, Sudan, Sudan Finance Ministry, trade finance, balance of payments, financing agreement, Arab Monetary Fund