Articles with tag: uba

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Skubana adds payments service solution for customers with Currencycloud

16 Sep 2020 | Online Payments

US-based ecommerce operations company Skubana has partnered with Currencycloud to enable their customers to convert payments into currencies of their choice.

Skubana, ecommerce, US, Currencycloud, currencies, flexible conversion options

Nubank acquires digital investment platform Easynvest

14 Sep 2020 | Online & Mobile Banking

Digital bank Nubank has acquired Brazilian digital investment platform Easynvest for an undisclosed sum. 

Nubank, Easynvest, acquisition, digital banking

Juba Express and WorldRemit launch international payments to Somalia

07 Sep 2020 | Payments General

Juba Express, a money transfer services, and WorldRemit, a global payments company, have partnered to provide Somalis with the opportunity to receive money from family and friends in 40+countries.

Juba Express, WorldRemit, international payments, Somalia. transactions

Dubai SME introduces smart dashboards to promote procurement programme

01 Sep 2020 | E-invoicing, SCF & E-procurement

Dubai SME has introduced two smart dashboards to enable local startups to benefit from the Government Procurement Programme.

Dubai SME, smart dashboard, procurement, Government Procurement Programme, startup, SME, local economy, supplier, government, GPP, UAE, equity, Emirati, companies, Dubai Government tenders

Japan-based digital gift card marketplace expands in the Middle East

18 Aug 2020 | Cards

Japan-based Amaten, a digital gift card marketplace, has announced plans to expand its brand across the world, starting with Dubai.

Amaten, Japan, Dubai, Middle East, gift cards, marketplace, blockchain, merchants, digital gift card

IFC and UBA to train Ugandan SMEs to face pandemic crisis

11 Aug 2020 | E-invoicing, SCF & E-procurement

IFC, a member of the World Bank Group, and the Uganda Bankers Association (UBA) has partnered to train financial institutions and SMEs regarding the COVID-19 crisis.

IFC, UBA, Uganda, financial, banks, SMEs, COVID-19, coronavirus, pandemic, World Bank Group, Uganda Bankers Association, UBA, partnership, digital

Dubai International Financial Centre partners with a Chinese fintech platform

27 Jul 2020 | E-invoicing, SCF & E-procurement

Dubai International Financial Centre (DIFC) has signed a MoU with Jiaozi Fintech Dreamworks, a China-based fintech innovation and entrepreneurship platform.

DIFC, fintech, China, Dubai International Financial Centre, Dubai, MoU, Jiaozi Fintech Dreamworks, China, innovation, entrepreneurship, Middle East, Africa, South Asia, MEASA, UAE, Belt and Road, partnership, People’s Bank of China, banks

Nubank acquires Cognitect, the team behind Clojure and Datomic

24 Jul 2020 | Online & Mobile Banking

Brazil-based Nubank has aquired Cognitect, a US-based software consultancy behind the Clojure programming language and the Datomic database.

Nubank, US, Cognitect, Clojure, Datomic, software, data, banks, digital bank, digital, M&A, transaction, Brazil, Plataformatec

Turkey plans to expand ecommerce to MENA region

16 Jul 2020 | Ecommerce

Turkey has announced plans to increase its export market share in the Middle East and North Africa. 

Turkey, Middle East, North Africa, ecommerce, Turkish E-commerce Association, Dubai Chamber of Commerce, Boyner, So Chic, Paşabahçe, Noon, Jumia, Carrefour, Jeeblee, Danube, Lulu

Australia's UBank drops home loan rate

14 Jul 2020 | Payments General

Australia-based UBank has announced a 0.10% to 0.15% per annum out-of-cycle reduction to its variable home loan rates.

digital, banks, digital bank, loans, Australia, UBank, rates,

Mobile payment service PayBy ties up with uPay to extend its reach in UAE

10 Jul 2020 | Mobile Payments

UAE-based fintech PayBy is partnering with payments app uPay to expand its reach to more than 850 uPay self-serve kiosks across the UAE.

PayBy, uPay, mobile payments, UAE, United Arab Emirates, payment kiosk, Abu Dhabi, Dubai, ecommerce, online payments

Commercial Bank Dubai teams up with Thunes

26 Jun 2020 | Payments General

Commercial Bank of Dubai (CBD) has partnered Thunes, a cross-border payment provider, to facilitate transaction flows between the UAE and the rest of the world.

Commercial Bank, Dubai, Thunes, partnership, remittances, cross-border, payments, transactions, UAE, India, Philippines, Pakistan, Bangladesh, banks, mobile wallet, CBD, CBF Mobile App, online banking, banking

Cairo Amman Bank taps Aruba for its digital banking services

23 Jun 2020 | Online & Mobile Banking

Cairo Amman Bank (CAB) has deployed state-of-the-art networking technology from Aruba, a Hewlett Packard Enterprise company.

Cairo Amman Bank, technology, security, digital banking, digital, banking, Aruba, CAB, networking, technology, Hewlett Packard Enterprise, Aruba Campus Switching Architecture

UAE consumers go cashless as trust in digital payments surges amid COVID-19

22 Jun 2020 | Online Payments

Dubai Police, Dubai Economy (DED), and Visa have released data regarding shifts in the UAE-based consumers’ payment behaviour amid COVID-19. 

UAE, Dubai Police, Dubai Economy, (DED), Visa, payment behaviour, COVID-19, survey, in-store shopping, online shopping, digital payments, contactless cards, mobile wallets, digital wallets, cash on delivery, contactless payments, data privacy, biometrics, Apple Pay, Samsung Pay, Gen Z, tokenization, cart abandonment, merchants, ecommerce, local currency, SSL

Nubank, WhatsApp partner for mobile payments in Brazil

17 Jun 2020 | Payments General

Brazil-based digital bank Nubank has become a partner of WhatsApp’s payment platform, following the latter’s launch in Brazil.

Nubank, WhatsApp, mobile payments, Brazil, Banco de Brasil, Sicredi, payments, digital bank, transaction, Visa, Mastercard, credit card, debit card, traditional banks, mobile payments

India's IIFL rolls out initiative for fintechs affected by COVID-19

15 Jun 2020 | Payments General

India-based financial services group IIFL (India Infoline) has introduced an initiative that aims to support local fintechs that struggle due to COVID-19.

IIFL, India, fintech, covid-19, initiative, #IIFLDisrupt, accelerator, incubator, Wealthtech, Insurtech, robo advisory, transaction technology, MF distribution, wealth management, digital content, lending, data analytics, payment solutions

Reliance Jio Platforms to sell USD 850 million stakes to L Catterton, TPG

15 Jun 2020 | Payments General

US-based private equity companies L Catterton and TPG have announced plans to invest USD 850 million in India-based telecom company Jio Platforms.

Reliance Jio Platform, stakes, investment, funding, private equity, India, L Catterton, TPG, Facebook, Silver Lake, KKR, Vista Equity Partners, General Atlantic, Mubadala, Abu Dhabi Investment Authority

Wahed secures USD 25 mln in investment round

11 Jun 2020 | Payments General

US-based fintech Wahed, a digital Islamic investment platform, has closed a USD 25 million investment round led by Saudi Aramco Entrepreneurship Ventures.

Halal, fintech, startup, Wahed, Saudi Aramco, digital, Islamic, BECO, CueBall Capital, Dubai Cultiv8, Rasameel, Saudi Arabia, US, UK, Indonesie, Nigeria, india, CIS, Malaysia, Malaysian Securities Commission, Islamic Robo Advisory, Islamic ETF

Dubai International Financial Center invests in four startups

11 Jun 2020 | Payments General

Dubai International Financial Center has invested in four startups through its USD 100 million Fintech Fund.

Dubai, Dubai International Financial Center, fintech, startups, FlexxPay, Rise, Now Meny, Sarwa, Fintech Fund, Middle East, Africa, South Asia, financial

Nubank reaches 25 mln customer across LATAM

03 Jun 2020 | Online & Mobile Banking

Brazil-based Nubank has reached 25 million customers, making it one of the largest independent digital banks in the world.

Brazil, Nubank, Latin America, LATAM, digital banks, banks, digital, Mexico, credit cards, cards, TCV, Tencent, DST Global, Sequoia Capital, Dragoneer, Ribbit Capital, Thrive Capital