State Bank Pakistan (SBP) has issued an Islamic banking license to Faysal Bank Limited (FBL) making it the second-largest full-fledged Islamic bank in Pakistan. Commenting on the momentous occasion, Mr. Jameel Ahmed, Governor State Bank of Pakistan said, “Conversion of Faysal Bank is first of its kind in the banking history of Pakistan. This is […]

Mastercard brings Apple Pay to its cardholders in Kuwait. Apple Pay is providing a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction. Customers simply hold their iPhone […]

Boubyan Bank announced today that Apple Pay is available to its customers in Kuwait. Apple Pay is a safer, more secure, and private way to pay that allows users to use their Apple devices to make payments in-store, online and in-app. Boubyan Bank’s CEO – Consumer & Digital Banking, Mr. Abdulla Al-Tuwaijri, stated: “Today we announce we […]

Al Fardan Exchange L.L.C, the leading money transfer and currency exchange firm which is licensed and regulated by the Central Bank of the United Arab Emirates (UAE), is continuing its string of accomplishments with its latest venture, a relationship with the world-renowned bank, J.P. Morgan.  This service will offer its UAE corporate customers same-day value […]

Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc., announced a buy now, pay later (BNPL) solution with issuance of single-use virtual cards and complete loan servicing. Banks and fintechs will have access to the customizable Galileo Buy Now, Pay Later solution, offering them easy entry into […]

Geidea, a leading fintech company in the region, Advanced Computer Technology (ACT) the leading system integrator in the hospitality sector has forged a new strategic partnership to power the transformation of payments in the hotels and restaurants market in Egypt. The deal was signed on the sidelines of HACE- Hotel Expo, the leading exhibition for […]

CR2, a global-leading banking software company has partnered with dfcu Bank to transform their ATM, Card and Payments Management Platform. The partnership between CR2 and dfcu will build the Bank’s technological capability and will start by enhancing the customer experience across cards, ATMs and payments. Commenting at the launch Fintan Byrne, CR2, CEO said, “We are delighted to partner […]

i2c Inc., a leading provider of digital payment and banking technology, announced its partnership with Grupo Popular, the largest financial group in the Dominican Republic, to launch Qik Banco Digital Dominicano, S.A. – Banco Múltiple, its new neobank subsidiary. By leveraging i2c’s agile banking and payments platform, Qik will offer both physical and virtual Mastercard […]

Saudi British Bank (SABB) has announced a strategic partnership with Visa’s Cybersource payment gateway and risk platform, with the aim of fostering the bank’s growth in an evolving and dynamic eCommerce space. This partnership will enhance the overall capabilities of SABB’s Payment Gateway and, most importantly, enhance network uptime, which will also supplement the bank’s […]

OpenWay proudly announces that its Way4 Card-as-a-Service enabling platform, recently launched in Europe and already recognized as one of the top CaaS technology solutions on the market, is now available to Card-as-a-Service and Wallet-as-a-Service providers all over the world. The solution is based on the award-winning Way4 digital payment platform. It is designed for CaaS […]