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Business strategy expert, Ather Rizvi, talks about what are the main trends and developments that are shaping the UAE payments landscape.
fintech, cross-border payments, digital identity, digital onboarding, startup, regulatory sandbox
Egypt-based digital transformation and fintech platform Fawry has partnered with PayMe to support e-payments for Egyptian expatriates.
partnership, online payments, digital payments, fintech, digitalisation
UK-based payment services provider TerraPay has partnered with Alfardan Exchange to augment cross-border payments in Qatar.
remittance, money transfer, partnership, financial inclusion, payments infrastructure
National Bank of Oman has partnered with Habib Bank Limited to introduce new financial solutions and improve customer experiences.
partnership, banks, financial services, instant payments
UK-based payment services provider TerraPay has partnered with Banco G&T Continental to advance cross-border remittances in Central America.
partnership, cross-border payments, remittance, banks
TerraPay and Diamond Trust Bank Uganda have announced a partnership to expand international money transfers and strengthen financial inclusion in Uganda.
money transfer, financial inclusion, credit access, cross-border payments, partnership
US-based Visa partnered with Egyptian Banks Company for Technology Advancements (EBC) to support remittances for Egyptians living abroad.
partnership, remittances, cross-border payments, financial institutions, financial inclusion
The Paypers has researched and analysed the most prolific partnerships that defined and built resilience within the payments & commerce and banking & fintech sectors in Q3 2023, from payments infrastructure, BNPL, the proliferation of Tap-to-Pay, the surge of Open Banking tech, and overall digitalisation attempts for banking and financial services.
payments , paytech, partnership, The Paypers Quarterly Analysis series, ecommerce, fintech
Emerging markets payment provider dLocal has partnered with ACE Money Transfer to offer instant, secure, and cost-effective remittances in APAC and EMEA.
partnership, remittances, money transfer, money remittance, financial inclusion, financial services
Global payments network TerraPay has announced a partnership with Bangladesh-based mobile financial services provider Nagad to enable customer access to cross-border money transfers.
partnership, cross-border payments, paytech, remittances, money transfer, fintech, financial services, mobile payments
The Government of El Salvador has launched a Bitcoin and Lightning Network course supported by the Salvadoran University.
cryptocurrency, Bitcoin, digital assets
Singapore-based company iFAST has launched its digital personal banking platform, focused on offering access to personal banking services to global customers.
product launch#, online banking, mobile banking, banking, digital banking
Canada-based Open Banking solutions provider Salt Edge has partnered with financial advisory firm Hoxton Capital Management.
partnership, Open Banking, financial services, financial institutions
bunq, an online banking startup, has filed an application for a US banking licence with the FDIC in the state of New York.
online banking, banks, banking license, fintech, neobanks
MoneyGram has enabled global money transfers through the app of the UAE-based fintech Jingle Pay.
digital wallet, remittance, money transfer, digitalisation, partnership, investment
Denmark-based cross-border payments provider Inpay has partnered with payments network Eurogiro to allow people in Bangladesh to send and receive remittances with lower fees.
partnership, remittances, cross-border payments, money remittance, money transfer, payment processing
Pakistan, Roshan Digital Account, online banking, initiative, expatriates, expats, fund transfers, bill payments, investment, central bank, State Bank of Pakistan, SBP, commercial banks, digital account, online account, bank branch
UK-based Revolut, one of Europe's startups, has launched its digital banking app in Japan.
Revolut, digital banking, Japan
TransFast, Habib Bank, remittances, Pakistan, US, cross-border payments, State Bank of Pakistan, Commercial Bank, money transfer, expatriates
InstaReM has implemented an e-KYC feature to provide frictionless onboarding to Malaysian residents and expatriates in Malaysia who need to make regular payments overseas.
InstaRem, KYC, remmitances, onboarding