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Qatar Islamic Bank (QIB) has rolled out the Himyan debit card, a national initiative by the Qatar Central Bank (QCB) to foster a cashless society and facilitate transactions.
debit card, digital payments, contactless payments, product launch, financial inclusion
Bahrain-based fintech Eazy Financial Services (EazyPay) has partnered with Tabby to provide BNPL services over its EazyPay POS terminals netwok in Bahrain.
fintech, POS, BNPL, checkout optimisation , merchants
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
The Qatar Central Bank has announced its plans to launch an instant payment service named Fawran in March 2024.
instant payments, real-time payments, central bank, product launch
KARTY, a Qatar-based fintech startup, has announced the completion of a seed funding round, amassing over USD 2 million.
product launch, funding, investment, partnership, fintech
UAE-based BaaS provider NymCard has partnered with CWallet to offer its services to issue CWallet-branded prepaid cards for the latter’s customers in Qatar.
prepaid card, Issuer, payments , financial inclusion, cross-border payments, digital payments
Qatar Islamic Bank (QIB) has expanded its Direct Remit service to the UK through a partnership with Standard Chartered Bank.
remittance, money transfer, real-time payments, expansion, fintech
Qatar Islamic Bank (QIB) has signed a Memorandum of Understanding with FynPay to expand the bank’s digital channels and local footprint.
partnership, digitalisation, expansion, fintech, banking
Qatar Central Bank has issued instructions for the Loan-Based Crowdfunding Regulation, for the purpose of licencing and regulating activities and services in Qatar.
crowdfunding, lending, banking, financial services, regulation
Supercharge has partnered with ID verification solution provider Shufti Pro to enhance security in digital services.
digital banking, partnership, cybersecurity, digital verification
Shufti Pro has partnered with fintech CWallet to improve the digital financial experience for Qatar customers and enterprises.
digital payments, partnership, financial services, fintech
Qatar Central Bank (QCB) has advised companies that intend to operate the Buy Now, Pay Later (BNPL) system to submit applications in order to receive the license from the bank.
BNPL, regulation, central bank, instalment payments
UAE-based Open Banking platform Tarabut Gateway has announced that it has completed the KSA Open Banking certification and that it will launch new services.
certification, online banking, digital banking, mobile banking, banks, Open Banking, Open Finance
The Qatar Financial Centre Authority has signed a Memorandum of Understanding with R3 to support the development of Qatar’s financial technologies.
partnership, financial institutions, blockchain, fintech
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
Vodafone Qatar’s Infinity Payment Solutions (IPS) has revealed its cashback offer to consumers using the e-wallet iPay.
money transfer, digital wallet, cashback, remittance, mobile payments
Qatar Islamic Bank (QIB) has launched a payment plan on its mobile app that allows cardholders to pay some of their transactions in instalments.
banks, instalment payments, product upgrade, digital payments
Remittances company Tempo France and Spain-based Elsa Care Technologies have rolled out money transfers to the Philippines.
remittance, remittances, money remittance, cash
Qatar Islamic Bank (QIB) has launched Samsung Wallet, a secure mobile payment service for debit, credit, and prepaid cardholders owning Samsung devices.
product launch, e-wallet, banks, mobile payments, debit card
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