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Mashreq has partnered with NPCI International Payments in order to integrate PhonePe with NEOPAY and improve financial connectivity between the UAE and India.
partnership, payments , cross-border payments, cross-border ecommerce, online payments, mobile payments, digital payments, ecommerce
Nium has continued its expansion in the Middle East region, announcing a partnership with Enjaz Banking Services, the remittance division of Bank Albilad in Saudi Arabia.
Global Payments, cross-border payments, FX , expansion, partnership
Serena Sebastiani from PwC Middle East embarks on a journey through innovation in the GCC's financial sector with a focus on Open Finance. Discover the region's strategic evolution.
Open Banking, Open Finance, regulation, report
UAE-based financial institution Mashreq has launched its mobile app, Mashreq UAE, aiming to provide customers with an improved digital experience.
product launch, banking, fintech, mobile banking, financial services, digitalisation, paytech, digital onboarding, biometrics, digital banking
Network International has announced its partnership with Huawei in order to facilitate the digital payments journey for financial services players in the MEA region.
partnership, digital payments, online payments, mobile payments, ecommerce, payments
Abu Dhabi Islamic Bank (ADIB) has partnered with Visa to launch the Visa Installments Solution (VIS) for its cardholders in the UAE.
partnership, instalment payments, BNPL, online payments, payment methods
UAE-based Mashreq Bank has partnered with Visa and ecolytiq to roll out its new climate banking platform in the MENA region.
ESG, green finance, carbon footprint, banking, partnership
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
NEO PAY, powered by Mashreq, has announced a partnership with fintech Nymbl to improve payments and ecommerce platforms for merchants in the UAE.
partnership, unified commerce, paytech, SMEs, payments , merchants, payment processing
Al Etihad Payments, a subsidiary of the Central Bank of the UAE, has announced the launch of Aani, an instant payments platform set to transform the digital payments landscape in the UAE.
product launch, paytech, instant payments, fintech, QR code, PSP, digitalisation, digital payments, financial services, money transfer
UAE-based NEOPAY has partnered with Alipay+ to expand its digital payments offering for merchants in the region.
partnership, mobile payments, mobile money, e-wallet, digital wallet, payment methods
Huawei Mobile Services (HMS) has partnered with multiple UAE banking apps to improve the digital banking landscape in the region.
mobile banking, digital wallet, partnership, financial services
South Africa-based Standard Bank has partnered with HUAWEI Mobile Services to provide digital banking solutions to the former’s clients.
partnership, digital banking, banks, expansion, fintech
UAE-based BaaS provider NymCard has acquired BNPL company Spotii to extend customised BNPL services to its clients, according to Gulf Business.
acquisition, fintech, BaaS, BNPL, API, embedded finance
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
UAE-based Mashreq Bank has launched the Mashreq Business Banking Value Added Services platform that connects SMEs to ten non-banking service providers.
product launch, financial services, online banking, digital banking
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
NPCI International Payments Ltd (NIPL), the international arm of the National Payment Corporation of India (NPCI), has announced that BHIM UPI is now live at NEOPAY terminals, across the UAE.
NPCI, UPI, merchant, partnership, digital payments
UAE-based Mashreq Bank has launched NEOPAY, which comprises of merchant acquiring businesses, payments processing, and issuer/acquirer processing.
mobile payments, product launch, Acquirer, payment processing, POS
Mashreq Bank and ThetaRay have announced they will collaborate in transaction monitoring.
banks, transactions , cross-border payments, AML, fintech