Bahrain Islamic Bank (BISB) has launched its ‘Future Leaders’ youth program, featuring the market’s first wearable wristband branded by Mastercard. Future Leaders is a solution for children and teenagers that enables parents to issue children’s allowances digitally, enabling better financial literacy for the children and more financial control for parents. The digital allowance is stored […]
ila Bank launches an in-app “Transfer by mobile number” feature to empower customers to make payments directly by simply entering a mobile number, through a collaboration with BENEFIT’s “BenefitPay” app. ila’s in-app “Transfer by mobile number” feature enables customers to transfer money to other ila users and those contacts with local bank Bahraini dinar accounts […]
Flux has partnered with Dozens the e-money institution and investment firm. Through this partnership, Dozens customers can activate digital receipts in their Dozens app and start receiving itemized digital receipts in their transaction feeds when they shop at participating retailers. These item-level receipts will help Dozens customers understand and track their spending, giving them greater control to […]
The Pavilions Hotels & Resorts becomes the first global boutique hotel group to accept Cryptocurrency from any country for hotel bookings. The Pavilions Hotels & Resorts has partnered with leading global Crypto-payment gateway, Coindirect, enabling customers to pay with Bitcoin, Ethereum and 40 other virtual currencies confidently and securely, 24/7. The Pavilions Residences, which are […]
Tinkoff announced that it has selected Anodot to help safe-proof the way customers experience payments and trading on the Tinkoff platform.  Anodot automatically learns the norms of our business performance, including seasonal and other complex patterns, to identify and alert our teams on any issues that impact revenue. All data sources are integrated into a […]
Temenos announced that Credito Emiliano S.p.A. (Credem) has gone live with a new mobile app, based on cloud-native Temenos Infinity, to accelerate its digital banking strategy. Credem has already launched a fully renewed new mobile app developed in just nine months using Temenos Infinity. The new app offers a basic set of features for personal customers […]
BlueSnap announced its continued efforts to empower and improve the digitalization of payments in education, offering education software providers the increased efficiency, risk mitigation and improved overall user experience that today’s schools, students and parents expect from edtech today.  The company’s Modern Education Payments Solutions allow edtech providers to offer their customers a better experience […]
The Saudi central bank announced that it had completed studying the licensing applications for two local digital banks to conduct banking business in the Kingdom. Based on the powers granted to the central bank through Banking Control Law, the central bank will submit licensing requests to the higher authorities in accordance with the provisions of […]
DFCC Bank moves forward by implementing the non-face to face onboarding process based on the guidelines issued by central bank and accessing the database of department of registration of persons to verify customer national identity card information. The process was implemented in May 2021 and many customers since have been onboarded. This initiative was timely […]
JS Bank launches first digital cheque service in Pakistan
JS Bank has launched “JS Digi Cheque”, the first of its kind digital cheque service in Pakistan. The service allows users of the JS Bank Mobile App to send e-cheques instantly removing the need for provision of physical cheques. As part of strategy of digital innovation and a dedicated focus on customer convenience, JS Bank […]