Bahrain Islamic Bank (BisB) has emerged as the winner of the prestigious award ‘Excellence in Islamic Banking – Bahrain’ at the 2020 Finnovex Awards held on the sidelines of Finnovex Middle East 2020, a hybrid virtual and live event comprised of panel sessions, workshops, and an awards ceremony, which took place on the 3rd and […]

Bank Alfalah has announced the launch of the Alfa Virtual Debit Card in collaboration with Mastercard in an endeavor to bring the bank closer to customers in the times of social distancing. The virtual card eliminates the need to visit a branch, present any physical documentation or in-person interaction to the application as customer verification […]

MoneyGram International has partnered with PayMaya Philippines to launch a new digital capability that allows customers to send money from the United States to the Philippines through Visa Direct, Visa’s real-time push-payment solution. Users in the United States can use MoneyGram mobile app or website to send money that arrives almost instantly to any PayMaya Visa cardholder located […]

Murtaza Salman Abedin, Co-Founder & CFO of Fitoor while in conversation with Daily NewsPK explained how they are ensuring superior customer experience while supporting & promoting artists and enthusiasts in Pakistan through their online platform. 1. What led you to create ‘Fitoor’? When was it founded? Pakistan is a land beaming with endless talent and […]

Mastercard has teamed up with IDEMIA, a global leader in Augmented Identity, and MatchMove, a Singapore-based fintech,  to develop a card that will allow fingerprint authorization at in-store payment terminals in Asia, in a bid to enhance the safety and security of contactless transactions. The card, with the product name F.CODE Easy, is developed by […]

Ria Money Transfer and Thunes has announced strategic partnership to enable customers across the globe to send funds directly to millions of mobile wallet users and bank account holders in key emerging markets. Under this partnership,  Ria’s agent network can also send funds directly to mobile wallets. The partnership will help Ria to expand more in […]

Standard Bank, Mastercard and Google collaborate to help SMEs open their digital doors and reach more customers. Under this joint venture, SMEs can get free access to Standard Bank’s SimplyBlu, an all-in-one e-commerce solution powered by Mastercard Payment Gateway Services, plus free Google Ads to the value of R500. With Google Ads, SMEs can get […]

WeLab Bank, has gone live on Temenos and its Transact core banking system. WeLab Bank is powered by cloud agnostic Temenos Transact for core banking along with Temenos Analytics and Financial Crime Mitigation. WeLab operates on both Amazon Web Services (AWS) and Google Cloud With NuoDB the solution delivers a cloud-agnostic, distributed relational database that […]

VEON has joined Sequoia Capital India and Flourish Ventures as investors in ShopUp, Bangladesh’s leading full-stack B2B commerce platform for small businesses, becoming ShopUp’s first strategic corporate investor. The investment enables VEON Ventures to support ShopUp’s fast-growing digital ecosystem for micro, small and medium-sized enterprises (MSMEs), which form a vital backbone of Bangladesh’s economy, as well as providing significant […]

Abu Dhabi Islamic Bank has announced the launch of remote sales platform. This platform will allow customers to converse with ADIB and apply for personal finance, covered cards, takaful, and other banking products online. Remote sales platform provides customers with a seamless and convenient banking experience. The platform is equipped with virtual banking tools, including […]