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 […]

Abu Dhabi Islamic Bank has seen a substantial rise in customer demand for its digital banking services in 2020. Even after the phased re-opening of the UAE economy, ADIB has continued to see strong uptake for digital services, with 75% of customers now enrolled through the bank’s digital channels. In total, 50% of new ADIB […]

Mastercard has signed a memorandum of understanding (MoU) with the Ethiopian Ministry of Innovation and Technology (MINT) to develop and implement strategic solutions and relevant policies to deliver a digitized economy in Ethiopia. The MoU is expected to help Ethiopia optimize existing technology, digital assets and services in driving its digital transformation agenda which will […]

David Wang, executive director of Huawei, has launched Huawei’s all-scenario intelligent connectivity solutions for home and enterprise scenarios at the sixth Ultra-Broadband Forum (UBBF). Through these scenarios, home broadband will enter the experience economy era and the digital transformation of industries will be accelerated. Every upgrade of connectivity has fundamentally changed society. Now, as we […]

Tabarak developments has launched  the very first e-payment platform among real estate developers, allowing clients to make payments digitally. The new e-payment helps save customers the time and effort spent in visiting the relevant office to pay their installments or deposits, but also helps protect the health and safety of customers and employees against COVID-19. […]

Advapay and Sumsub have partnered to deliver a smart KYC and AML solution to digital banks and fintechs. Sumsub is going to provide all the businesses that use Advapay with an identity verification solution powered by face recognition and matching technology for biometric identity proofing and liveness check, document screening, and background checks. The company […]

Stripe has entered into an agreement to acquire Paystack, a technology company based in Lagos that makes it easy for organizations of all sizes to collect payments from around the world. Stripe and Paystack have been working closely together for some time. In 2018, Stripe led Paystack’s Series A financing round and has provided ongoing guidance as […]