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Snowdrop and PwC augment digital banking in the Middle East

News | Online & Mobile Banking | 17 Apr 2024

Snowdrop Solutions has partnered with PwC Middle East to bring its Transaction Enrichment API to banks and payment providers in the Middle East.

artificial intelligence, API, data aggregation, data analytics, digital banking

Tuum expands in the Middle East and launches Regional HQ at ADGM

News | Online & Mobile Banking | 17 Apr 2024

Tuum has announced its expansion into the Middle East, as well as the development of a Regional HQ at ADGM in the region of Abu Dhabi. 

expansion, product launch, banking, online banking, mobile banking, digital banking, SaaS, financial services, financial institutions

Fils partners Aion to advance ESG across the Middle East

News | Online & Mobile Banking | 16 Apr 2024

UAE-based digital infrastructure fintech Fils has partnered with digital banking solutions company Aion to drive ESG initiatives in the MENA region.

API, ESG, fintech, payments infrastructure, digital banking

Crypto.com receives operational approval in Dubai

News | Cryptocurrencies | 11 Apr 2024

Singapore-based digital asset exchange Crypto.com has announced that its local entity, CRO DAX Middle East FZE, has received full operational approval from Dubai’s Virtual Assets Regulatory Authority (VARA).

digital assets, cryptocurrency exchange, cryptocurrency

UnaCash introduces instalment loans in the Philippines

News | Payments General | 08 Apr 2024

UnaCash, a service provided by UnaFinancial in the Philippines, has introduced Instalment Loans.

instalment payments, fintech, credit access, digital banking

LemFi receives CBK approval for Kenya remittance operations

News | Mobile Payments | 08 Apr 2024

US-based fintech LemFi has received regulatory approval from the Central Bank of Kenya (CBK) to operate remittances in Kenya.

remittance, mobile payments, digital wallet, FX , money transfer

Navigating KYB challenges in modern banking and merchant onboarding

Voice of the Industry | Digital Identity, Security & Online Fraud | 08 Apr 2024

As businesses undergo digital transformation, the need for robust KYB processes has never been more stringent. Understanding and verifying the identity of businesses is not just a regulatory requirement but a strategic imperative.

KYB, KYC, digital onboarding, fraud prevention, AML, merchants, UBOs, data privacy

Network International partners with Souhoola

News | Payments General | 05 Apr 2024

Network International has partnered with fintech Souhoola to equip merchants with Buy Now, Pay Later (BNPL) capability on the networkpay POSs in Egypt.

BNPL, merchants, financial inclusion, POS, instalment payments

MoneyGram partners with Tencent Financial Technology

News | Online Payments | 05 Apr 2024

Global financial technology company MoneyGram has entered a collaboration with Tencent Financial Technology in a bid to enable digital remittances in China. 

partnership, online payments, ecommerce, financial inclusion, financial services, cross-border payments

SC Ventures partners with NEXT176 for financial wellness platform

News | Online & Mobile Banking | 05 Apr 2024

SC Ventures, the fintech investment arm of Standard Chartered, has partnered with NEXT176, the venture building arm of Old Mutual, to launch an inclusive financial wellness platform.

financial inclusion, wealth management, digital banking, partnership

Network International signs processing agreement with KamelPay

News | Payments General | 03 Apr 2024

KamelPay has partnered with Network International (Network) in an exclusive five-year processor agreement.

partnership, digital payments, fraud detection, financial inclusion

IFC partners with DBS

News | Cryptocurrencies | 02 Apr 2024

IFC has announced its partnership with DBS in order to launch a USD 500 million facility and promote trade flows in global emerging markets. 

partnership, product launch, crypto, trade finance, financial services, financial institutions

Arab Financial Services partners with ACI Worldwide

News | Payments General | 01 Apr 2024

Arab Financial Services has announced its partnership with ACI Worldwide in order to drive payment modernisation for FIs, banks, and merchants in the Middle East.

partnership, payments , digitalisation, online payments, mobile payments, digital payments, ecommerce

MoneyGram International partners with barraq

News | Payments General | 29 Mar 2024

Global financial technology company MoneyGram International has entered into a strategic partnership with financial technology app barraq.

cross-border payments, partnership, fintech, financial services

Adyen partners with Adobe Commerce

News | Online Payments | 29 Mar 2024

Netherlands-based financial technology platform for businesses Adyen has entered a collaboration with Adobe Commerce, aiming to provide flexible payment solutions. 

digital payments, online payments, partnership, customer experience, financial services

Alaan signs a five-year deal with Visa

News | Payments General | 28 Mar 2024

UAE-based corporate card solution Alaan has signed a five-year deal with Visa to digitise expense management processes for businesses.

partnership, product upgrade, fintech, payments

Riverty partners with Adyen to launch a new invoice solution

News | E-invoicing, SCF & E-procurement | 27 Mar 2024

Germany-based fintech Riverty has partnered with Netherlands-based Adyen to launch a 14-day invoice solution in the DACH region.

partnership, product launch, fintech, e-invoicing

Adyen partners with Cleeng

News | Payments General | 26 Mar 2024

Adyen has announced its partnership with Cleeng in order to accelerate the development of subscription payments and retention in the MENA region. 

partnership, online payments, mobile payments, digital payments, payments , ecommerce

Uzum raises USD 114 million in funding

News | Payments General | 26 Mar 2024

Uzbekistan-based digital services ecosystem Uzum has announced that it raised USD 114 million in funding, securing its unicorn status with a post-money valuation of over USD 1 billion. 

funding, investment, BNPL, digital payments, digitalisation, SMEs, ecommerce

New alliance in Africa aims to explore remittance solutions

News | Payments General | 26 Mar 2024

Coronation Group, Access Holdings, Safaricom, and M-PESA Africa have formed a strategic partnership to provide remittance corridors in Africa.

remittance, financial inclusion, partnership, mobile money, money transfer