Bank ABC became the first bank in the Middle East to introduce faster cross-border payments to specific corridors for corporates and financial institutions utilizing J.P. Morgan’s Coin Systems. Coin Systems is a blockchain-based permission system that serves as a payment rail and deposit account ledger and sits within Onyx by J.P. Morgan. The soft launch […]

Under the auspices of Her Highness Dr. Mona bin Fahad Al Said, Assistant Vice Chancellor for International Cooperation, Sultan Qaboos University, Ooredoo celebrated its 22nd Springboard and 8th Spring Forward graduation. Inspiring the next generation of digital entrepreneurs and industry leaders while contributing to the development of national talent through education, more than 120 graduates […]

The South Asia E-commerce Summit, a dynamic platform for industry leaders, innovators, and entrepreneurs, is set to bring together visionaries from the e-commerce and technology sectors. This summit, with a special focus on technology and innovation and women in e-commerce, will be the region’s most influential e-commerce summit exploring trends shaping the digital economy’s future. […]

Mastercard and Paysend, a UK-based fintech, have expanded their collaboration to enhance cross-border payments for small and medium enterprises (SMEs), which are increasingly looking for ways to send money or pay vendors across the globe quickly and securely. While digital payments are seeing strong growth with two-thirds of SMEs sending and receiving cross-border payments through […]

Mastercard and Fintech Saudi have signed a memorandum of understanding during Seamless Saudi Arabia 2023 to advance the growth and development of the Saudi Arabia fintech industry. The announcement marks another step towards powering an inclusive digital economy and advancing entrepreneurship in Saudi Arabia. In line with Saudi Arabia’s Vision 2030 objectives and ongoing efforts […]

Dashen Bank has partnered with Mastercard to introduce the ‘Dashen Mastercard’, a ground-breaking multi-currency international prepaid card. This announcement was made during a press conference held at the bank’s headquarters, marking a significant milestone in Ethiopia’s card business. The card offers both plastic and virtual options, providing customers with unparalleled flexibility and convenience for their […]

Paymentology, the leading global issuer-processor, announces an expanded partnership with Mastercard to bolster financial inclusion across Guatemala, Honduras, and El Salvador.  According to a recent Mastercard and Americas Market Intelligence (AMI) study, while most Latin Americans gained access to basic financial products between 2020 and 2023, 21% still rely exclusively on cash and are still excluded. […]

PayFast, a fully licensed payment gateway, and United Bank Limited (UBL), one of Pakistan’s largest commercial banks, have entered into a strategic partnership to revolutionize the digital payments landscape in Pakistan. Under this partnership, UBL will serve as one of PayFast’s Partner banks. By partnering with UBL, PayFast aims to facilitate Pakistani businesses to easily […]

Mastercard has announced a collaboration with JazzCash, the largest digital wallet provider in Pakistan serving over 43 million accounts, to revolutionize digital payments by introducing affordable acceptance solutions in the country.   The partners are launching QR code payments, Pay by Link, and Tap on Phone solutions to facilitate cost-effective and widespread acceptance for merchants at […]

Mastercard, a leading global technology company in the payments industry, recently announced its partnership with SomBank, one of the innovative financial institutions in Somalia. The purpose of the partnership is to promote the adoption of digital payment solutions in the country, bringing more Somalis into the digital fold. The partnership allows SomBank to issue and […]