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 […]

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 […]

First Abu Dhabi Bank has launched Digital Marketplace powered by payit, its digital wallet. It allows small and medium businesses to list and sell their products and services on the platform conveniently and make them accessible to a growing base of payit customers. Digital Marketplace platform will include a range of products and services, such […]

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 […]

Deutsche Bank has rolled out  ‘Deutsche BizBanking’, a new platform under which its business clients ranging from self-employed small businessperson to medium-sized businesses will be served under single platform. The products and services of its Deutsche Bank, Postbank and FYRST brands will be managed by a single unit called “Deutsche BizBanking.”The bank has strengthened the […]