digital economy
Emirates Digital Wallet LLC, along with First Abu Dhabi Bank (FAB), Mashreq Bank, National Bank of Fujairah and Mastercard today announced the launch of klip, Emirates Digital Wallet’s Digital Cash Platform. Through Klip users can transfer money to others via a mobile number and allowing users to seamlessly pay for goods in-store using the existing […]
Standard Chartered Bank and Amazon.ae announced the launch of new instalments payment plans. This will allow Standard Chartered credit cardholders shop on Amazon.ae and convert their purchases into monthly instalments for a period up to 12 months. Payfort, an Amazon company, is enabling the service through using its online payment gateway. The new service allows […]
Cred, a global digital asset lending and borrowing platform, has announced that the firm has joined Visa’s Fast Track program, speeding up the process of integrating with Visa. According to co-founder and CEO of Cred, Dan Schatt, the firm’s acceptance into Visa’s program would allow Cred more leverage on the market reach, capabilities, and security […]
Fiserv has announced that retailers can now enable customers to pay for their purchases with interest free instalment payments. Retailers using digital commerce technology from Fiserv can now enable customers to ‘Buy Now, Pay Later’ with interest-free instalment payments via QuadPay. Therefore, Fanatics, the global company for licensed sports merchandise, will enable customers to pay in […]
Infovista is helping one of Italy’s long established major banks, Banca Popolare di Sondrio, to deliver ground breaking digital innovations by leveraging Infovista’s Ipanema SD-WAN technology. The solution enables Banca Popolare to provide their clients and employees with digital experiences that simplify and streamline operations, improve convenience, increase response time and more by guaranteeing application […]
Vietnam’s Tien Phong Commercial Joint Stock Bank has accelerated their digital transformation with Backbase, a digital-first banking platform, to transform the bank’s traditional products, services and core banking system. Backbase drove the digitisation to enable TPBank to operate on a sustainable omnichannel digital platform that is scalable as the bank prepares for growth and expansion. […]
NMB Bank PLC has partnered with Mastercard to roll out 1.5 million Mastercard branded prepaid and credit cards in Tanzania over the next five years. This collaboration will strengthen domestic payment ecosystem and empower Tanzanian consumers with safe and secure electronic payments. The partnership between NMB Bank and Mastercard comes at a time when Tanzania’s […]
Mastercard announced a new partnership with HSBC to accelerate sustainable urban development. The partnership is built on HSBC’s extensive track record in developing financial products that support a more sustainable future. City Possible, pioneered by Mastercard, is a new model of public-private partnerships that brings together a united private sector to work with cities and communities to solve […]
Mastercard has partnered with Zimswitch to enable the modernization of Zimbabwe’s payment infrastructure, using Mastercard’s technology, products and services. This partnership will support Zimbabwe’s vision of a modernized and interoperable payment system that supports inclusive economic growth and boosts the digital economy. Dr John Mangudya, Governor of the Reserve Bank of Zimbabwe, says: “We see […]
Finastra has helped VPBank separate its treasury operations from its legacy core banking system with Finastra’s Fusion Kondor and Fusion Risk solutions. This move will enable the bank to grow its financial markets division by developing new complex products and improving operational efficiency through automation. “As an innovation leader in Vietnam’s banking sector, the digitization and modernization of our business […]