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Kurdistan International Islamic Bank (KIB) has integrated iMAL, an Islamic core banking platform from Azentio Software.
mobile banking, Islamic banking, partnership, compliance, AML, fraud prevention
The UK and Japan have established a new partnership to strengthen their commitment to cybersecurity.
partnership, cybersecurity, cybercrime, online security, digital identity
The central banks of Jordan and Iraq have signed a cooperation agreement to strengthen the banking and financial relations between the two countries.
central bank, banking, financial institutions, partnership, API
Jordan-based Middle East Payment Services has partnered with Zwipe and Mastercard to launch a series of biometric payment cards.
partnership, biometrics, MasterCard, product launch
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
Payments service provider activating in the MENA region HyperPay has planned to go public through an initial public offering (IPO) in Saudi Arabia within the next two years.
payments , PSP, IPO, expansion, digitalisation, digital payments, financial services, cashless, B2B payments, online payments, fintech, ecommerce, platform, investment
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
Qatar-based provider of financial solution across high-speed mobile Internet, Ooredoo, has recently included Apple Pay as a payment method on its app.
product upgrade, mobile payments, contactless payments, payment methods, Apple Pay, online payments, digital payments, digital wallet, digitalisation
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
Super app focusing on lending in MENA emerging markets, ZoodPay, has partnered with enabler of digital commerce across the region, Network International, to provide BNPL solutions for merchants in Jordan.
BNPL, ecommerce, QR payments, QR code, instalment payments, POS, cross-border ecommerce, funding, partnership
Visa has cleared for use biometric fintech Zwipe’s Pay platform in Visa cards issued anywhere in the world.
Visa, certification, biometrics, debit card, credit card, Issuer
Digital wallet ZainCash Iraq has selected Temenos to power the growth and innovation of its digital payment service.
fintech, digital wallet, digital payments
Switzerland-based BNPL provider ZoodPay closed Series B funding round with USD 38 million, accelerating its expansion in Iraq.
BNPL, expansion, funding, ecommerce, cross-border ecommerce
partnership, banks, digital banking, digital onboarding
Norway-based contactless payments solution provider Zwipe has partnered with Middle East Payment Services to distribute the former’s biometric payment card solution.
credit card, biometrics, partnership, expansion
Mastercard, partnership, central bank, digital payments, regulation
trade finance, investment
ZoodPay, BNPL, ecommerce
UK-based cryptocurrency firm Koinal has reached an agreement with Huobi to integrate its checkout system.
Koinal, Huobi, cryptocurrency, crypto exchange, Bitcoin, crypto wallet, partnership, debit card
Qi Card, an electronic payment solution and the national debit/credit card of Iraq, has announced that two retailers, ZoodMall and OpenSooq, have started accepting Qi Card as a form of payment.
ZoodMall, OpenSooq, Qi Card, payment method, card scheme, domestic card network, retail, cross-border payments