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The education platform of Dubai, DIFC has recently announced a new partnership with the Global Cyber Alliance (GCA) to provide professionals and organisations with the necessary tools and knowledge to address cybersecurity problems and risks that impact small businesses.
partnership, cybercrime, cybersecurity, fraud detection, online fraud, fraud prevention, scam, digitalisation, financial crime, fintech, global hub, funding, compliance, regulation
UAE-based digital wallet Hubpay has launched its Digital Global Currency Account to support international finance operations.
product launch, cross-border payments, digital wallet, fintech
Singapore-based WHAMPOA Digital has partnered with South Korea-based gaming company Wemade to collaborate on a USD 100 million Web3 fund in the Middle East.
blockchain, web3, cryptocurrency, partnership, digital assets
Building onto our previous reporting related to the partnerships that took place in Q3 2023 within the payments and commerce space, this analysis focuses on the banking and fintech industry.
banking, fintech, fraud prevention, financial crime, Open Banking, Open Finance, crypto, web3, The Paypers Quarterly Analysis series
Singapore-based SC Ventures has partnered with SBI Holdings to establish a Digital Asset Joint Venture investment company in the UAE.
digital assets, partnership, investment, fintech
Standard Chartered Bank has announced its partnership with Atome in order to expand financial access and inclusivity to its customers in Singapore.
partnership, expansion, mobile banking, online banking, banking, digital banking, financial services, financial institutions
UK-based Standard Chartered has announced its partnership with Worldpay to expand the market coverage of Straight2Bank Pay, the bank’s digital collection gateway.
partnership, expansion, online banking, digital banking, mobile banking, banks, financial services, financial institutions
UK-based Standard Chartered has signed a memorandum of understanding with the Dubai International Financial Centre to work on digital assets.
digital assets, cryptocurrency, partnership, banks
US-based crypto solutions provider Ripple has expanded its presence in MENA by opening a new office location in Dubai.
SMEs, Ripple, cryptocurrency, money transfer, cross-border payments, remittances
Singapore-based online trading platform Crypto.com has secured its MVP Preparatory License from Dubai’s Virtual Assets Regulatory Authority.
cryptocurrency, cryptocurrency exchange, regulation, expansion
UAE-based Tarabut Gateway has partnered crypto asset trading platform Rain to improve crypto payments in the MENA region.
Open Banking, cryptocurrency, digital payments, digital assets, partnership
India-based information technology company Wipro has opened a new Asia Pacific, Middle East and Africa (APMEA) headquarters in Dubai.
expansion, partnership, investment, financial services
Jean Sideris, Director at Edgar, Dunn & Company, analyses the characteristics that fuelled fintech development in the Middle East and looks at elements driving future growth.
fintech, mobile payments, digital payments, ecommerce, BNPL, digital wallet
Zand, a digital banking startup which provides retail and corporate services, has been granted a banking licence from the Central Bank of the United Arab Emirates.
digital banking, banks, banking license, startup, central bank
Global financial centre Dubai International Financial Centre (DIFC), active in the Middle East, Africa, and South Asia (MEASA) region, has rolled out an Open Finance Lab, according to Wamda.
Open Finance, regulatory sandbox, banks, fintech
The MENA Fintech Association (MFTA) has released the first volume of the SHIFT report, a guide that supports the fintech community in navigating the MENA payment landscape.
fintech, report, payments , regulation, digital payments
Tarabut Gateway has been granted a licence by Dubai Financial Services Authority (DFSA) to provide money services in and from Dubai International Financial Centre (DIFC).
banking license, Open Banking, regulation, financial services, financial institutions
Cryptocurrency exchange Binance has joined the Association of Banks of Russia (ABR).
Binance, partnership, crypto, regulation
Crypto exchange Binance has signed a memorandum of understanding with the Dubai World Trade Centre authority to help it establish a crypto regulatory framework, according to The Block.
Binance, cryptocurrency exchange, regulation
UAE-based Open Banking platform Tarabut Gateway has concluded a seed round of USD 13 million and a pre-series-A funding round of USD 12 million since February 2021.
investment, funding, Open Banking, AISP, PISP