The West African financial sector has been witnessing a wave of digital innovation that has fueled services and applications that had the potential to really shake up the banking sector. Banks, Fintechs, and financial institutions have been harnessing digital solutions designed to serve touchless and remote banking, which has unlocked opportunities for the millions of […]

Easypaisa, Pakistan’s leading digital payments platform, has introduced yet another innovative feature enabling users to earn daily profits through a single click. Easypaisa users can now use the in-app savings product to earn a percentage on their existing account balance every day. The revolutionary product is designed to financially empower all Pakistanis to take control […]

Easypaisa, Pakistan’s leading digital payments platform, has partnered with Munsalik Digital (MDPL) to streamline the latter’s operational capabilities. Through this partnership, Munsalik will be able to disburse and collect loan repayments through Easypaisa’s widespread branchless banking network, thereby introducing efficiencies, process standardization, and improving the customer’s journey. MDPL has been digitizing the customer on-boarding process […]

PayPal Holdings, Inc. announced the launch of Checkout with Crypto, a new feature that significantly expands the utility of cryptocurrency. Available at millions of global online businesses and continuing to expand over the coming months, PayPal customers with cryptocurrency holdings in the U.S. will be able to choose to check out with crypto seamlessly within […]

In an endeavor to further digitize payments in Pakistan, Bank Alfalah has announced that it has launched e-ticketing services across its 120+ Cash Deposit Machines (CDMs) deployed in Pakistan. This partnership aims to create a convenient and accessible e-ticketing experience for anyone accessing these CDMs. The Cash Deposit Machine is a self-service terminal that enables […]

GrabPay announced today the introduction of instant fund transfers in the Philippines within its e-wallet. GrabPay users can now instantly cash into their GrabPay Wallet by directly transferring from their bank accounts or e-wallets GrabPay users can also transfer funds from their GrabPay Wallets to any bank account or e-wallet July. The introduction of this […]

First Abu Dhabi Bank (FAB) has signed an agreement with the Ministry of Human Resources and Emiratisation (MOHRE) to launch a unified payment solution for domestic workers.  This will help domestic workers to receive a salary in a transparent and cashless manner, earnings will be deposited directly on to their cards, which are fully integrated […]

Dubai Police, Dubai Economy, and the world’s leader in digital payments, Visa, released findings of a survey on the impact of COVID-19 pandemic on payment behavior of consumers in the UAE. The survey also looks at consumers’ general views, preferences, and concerns related to digital payments and offers key insights for merchants. The survey release […]

“The new players will be tested now on their robustness and their ability to continue to be the innovators in the industry. It’s a challenge for them but with the silver lining of the opportunity when truly innovative digital services can now be offered”, expressed financial service industry expert from Europe, Middle East and Africa, […]

“With the current pandemic, banks and financial institutions need technologies and solutions in place that can scale and get up and running in a matter of hours while balancing a seamless customer experience”, expressed Charbel George Diab, Managing Director – OneSpan Middle East FZE and Regional Sales Director – Middle East, Africa, Turkey, Central Asia […]