digital industry
Stripe has announced its official launch in the United Arab Emirates. This launch represents Stripe’s first expansion into the Middle East. Stripe is also opening a new UAE office, in Dubai Internet City, which will be the company’s first office in the region. Businesses operating online in the UAE can use Stripe to accept online […]
Uber’s long-term partnership with Mastercard continues to grow with a new strategic initiative focusing on digital payments and advancing financial inclusions which will be facilitated by Mastercard across Pakistan, the Middle East, and Africa (MEA). As a regional first, the partnership with Mastercard will enable Uber to drive digitization across their business operations, leveraging Mastercard’s […]
LendInvest has selected Credit Kudos to speed up its time-to-decision with a smoother customer journey, and to enhance affordability and credit risk assessments using Open Banking-enabled risk insights. Partnership between fintechs LendInvest and Credit Kudos will offer brokers and customers a seamless, more secure service, as well as enabling LendInvest to make more informed lending […]
VEON, the parent group of Jazz, has concluded the acquisition of the 15% minority stake in PMCL, the operating company of Pakistan’s leading mobile operator, Jazz, from the Dhabi Group for USD 273 million. It may be recalled that the Dhabi Group had acquired 15% stakes in PMCL, in the unified company, after Warid was […]
Crosscard has selected RegTech provider Know Your Customer to digitize, centralize and streamline its corporate KYC and onboarding process. Crosscard is a leader in European digital issuing solutions and offers payment products that put a business in control of how, where and when they spend money within their business. Crosscard is a reliable partner and […]
Nepal based NIC ASIA Bank has announced a cooperation with Nepal’s payment system operator FirstPay and Hong Kong based digital banking solution provider Wallyt to launch digital payment services to its merchants through WeChat Pay and UnionPay QR in the country. Through this partnership merchants associated with the bank will be able to reach more […]
Hellopay and Mastercard has announced a partnership to roll out SoftPOS, a contactless acceptance solution that turns any NFC-enabled Android device into a physical point of sale. SoftPOS leverages Mastercard Tap on Phone, a simple and cost-effective digital payment technology developed for micro and small businesses like spaza shops, independent retailers, market stall traders, mobile […]
Atlantic-Pacific Processing Systems and Global Oculus have partnered to provide businesses with a real-time digital currency acceptance, clearing and settlement solution. The companies will pilot merchant acceptance of leading digital currencies for consumer purchases using fast trade execution speeds equivalent to traditional credit card transaction processing timeframes. Banks, acquirers and independent sales organizations will be […]
BBVA has partnered with Google Cloud to transform the bank’s security strategy by optimizing and improving its security infrastructure. BBVA will collaborate with Google Cloud in the development of groundbreaking new artificial intelligence (AI) and machine learning (ML) models to predict and prevent cyberattacks against its banking infrastructure, providing a more secure experience for the […]
Digital payments platform PayPoint is stepping up the benefits for its digital solution, PayByLink to help businesses meet customer needs and provide greater support for the financially vulnerable. With the latest enhancements to PayByLink Recurring Payments, businesses can enable customers to decide whether to make a single, one-off payment, or set up a recurring payment. […]