announced
Commercial Bank of Dubai, one of the leading national banks in the UAE, and global cross-border payment provider Thunes announced a partnership that will facilitate real-time cross-border transaction flows between the UAE and the rest of the world. Through this partnership with Thunes, the Commercial Bank of Dubai will be able to cater to corridors such as India, Philippines, Pakistan, and Bangladesh providing customers […]
Biometric fintech company Zwipe and Publicenter, Italy’s largest domestic smart card manufacturer, announced the launch of a collaboration aimed at bringing the next generation contactless experience, powered by biometric payment cards and wearables to financial institutions and consumers across Europe. Publicenter is a VISA and Mastercard certified smart card manufacturer, with over forty years of […]
Sadapay, a leading player in the digital financial services arena in Pakistan, Sadapay announced to appoint Jon Sheppard as its Chief Technology Officer (CTO). Jon previously served as CTO Financial Services at Gojek, a $9.5 billion tech company with over 120 million users on their platform. The Indonesian super app has been revolutionizing digital banking […]
In the past two months, Emirates has processed nearly 650,000 refund requests, returning over AED 1.9 billion to its customers and making good on its promise to expedite refunds after the COVID-19 pandemic disrupted travel plans for millions of customers around the world. In April, Emirates had announced that it would ramp up its refunds […]
VMware, a leading innovator in enterprise software, has announced that it is working with Premier Systems, a leading provider of IT services in Pakistan, to help businesses in the country connect, accelerate, scale and protect their organizational assets as they work through business and societal disruption. With an unprecedented number of people now working remotely […]
Systems Limited announced the appointment of Asif Akram as Chief Operating Officer (COO) of the company. Asif Akram comes with extensive management experience of delivery of IT and IT-enabled services spanning over 2 decades and honed at leading IT services providers in the region including IBM and PwC. He’s a cross-industry consultant who led sales […]
KARACHI: BankIslami announced the opening of its new branch in Sanjavi Balochistan. To commemorate the new location, higher officials from Balochistan and Burhan Hafeez, General Manager – South, BankIslami joined, at the grand opening celebration and ribbon-cutting ceremony to officially open the branch. “We’re excited to expand our presence in Balochistan and open our branch […]
Mastercard announced it has entered into an agreement to acquire Finicity, a leading North American provider of real-time access to financial data and insights. The purchase price is US$825 million, and Finicity’s existing shareholders have the potential for an earn-out of up to an additional $160 million if performance targets are met. The addition of […]
Global insurer AXA has announced a new collaboration with The Western Union Company, which specializes in cross-border, cross-currency money movement and payments, to provide inclusive insurance products to Western Union’s customers. By linking insurance to money transfer services, the partnership will help to better cover migrant workers and their families at home. An initial pilot, […]
Facebook announced the winners of the Ethics in AI Research Initiative for the Asia Pacific, an initiative to help support thoughtful and groundbreaking academic research in the field of artificial intelligence (AI) ethics. Among the winners from nine different countries is Junaid Qadir, Professor at the Information Technology University (ITU) of Punjab, along with co-investigator […]