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Qatar-based Ooredoo has partnered with Commercial Bank in order to launch a direct debit solution through the CBQ Mobile App, for secure and efficient bill payments.
partnership, product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions
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
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
Japan-based global payment brand JCB has announced its partnership with VPBank to launch the new VPBank JCB Credit Card service for GenZ customers in Vietnam.
partnership, product launch, credit card, online banking, digital banking, online payments
Qatar-based financial institution QIB has partnered with card payments organisation UnionPay to enable contactless card acceptance on QIB POS and ATMs.
partnership, online banking, online payments, cross-border payments, contactless payments
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
Vodafone Qatar’s Infinity Payment Solutions (IPS), a financial subsidiary of Vodafone, has rolled out iPay, one of Qatar’s first licensed e-wallet.
digital wallet, digital payments, product launch, BNPL, remittance
The Commercial Bank of Qatar (CBQ) has introduced two platforms to provide contactless transactions for businesses.
contactless payments, digital banking, mobile banking, POS
Vodafone Qatar, Commercial Bank, partnership, buy-now-pay-later, Qatar, Middle East, instalments
digital banking, Qatar, Commercial Bank, payments , card, transactions , remittances, mobile app, ATMs
Qatar’s Commercial Bank has participated in the Blockchain Open Account Trade Finance Trial on the Marco Polo platform, built on the R3 Corda Network.
Marco Polo, Commercial Bank, Qatar Commercial Bank, wholesale banking, trade finance, risk mitigation, Corda, R3, distributed ledger technology, blockchain
Commercial Bank has redesigned its mobile banking app with significant improvement to the user interface, making banking easier and convenient for customers.
Qatar, Commercial Bank, mobile app, mobile banking
Commercial Bank has announced that it will issue 200,000 contactless credit cards featuring new designs in Qatar in 2018.
Commercial Bank, contactless credit card, debit card, Qatar, POS, payments , merchant, retail
The Commercial Bank of Qatar and EdgeVerve Systems have completed testing a blockchain prototype designed for international remittances.
The Commercial Bank of Qatar, EdgeVerve Systems, blockchain, remittances, money transfers, Qatar, innovation
eFinans and Tesisquare have signed the EESPA Model Interoperability Agreement, officially joining forces for e-invoicing in Turkey.
eFinans, TESISQUARE, e-invoicing, Turkey, B2B, payments
Qatar-based Commercial Bank QSC has announced the launch of biometric ATMs with finger vein scanning.
biometric ATM, finger vein scanning, authentication, transactions , Commercial Bank QSC, Qatar