Western Union, a global leader in cross-border, cross-currency money movement and payments, is collaborating with Faysal Bank, one of Pakistan’s leading Islamic banks, to enhance its real-time bank account payout network in Pakistan. Receivers of international money transfers in Pakistan benefit from Western Union’s real-time account payout capabilities via a far-reaching bank network in Pakistan, […]

Santander International has selected Temenos SaaS, implemented by Syncordis, to power-up its core banking platform transformation. Syncordis will help Santander International to transform its banking, savings and mortgage products IT infrastructure from an on-premise solution to cloud-native Temenos SaaS. This will enable Santander International to benefit from the security, resilience and elastic scalability of the […]

Al-Rajhi Bank has announced the launch of it’s application providing Soft POS on mobile phones as part of its technical and digital leadership solutions. The new and innovative application provides a new and fast electronic payment mechanism that provides POS customers from all establishments to convert their phones to a means of accepting payment as […]

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 […]

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 […]

In continuation of its social empowerment efforts, Pakistan’s digital services leader and CSR frontrunner, Zong 4G, has joined hands with Dur-e-Yateem Welfare Trust Orphanage for Girls in Rawalpindi. As part of its support, Zong 4G established a digital lab and offered digital vocational training to the girls of the orphanage in order to up-skill them […]

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 […]

Pakistan’s cellular and digital services giant, Zong 4G, celebrated International Women’s Day with great zeal and fervor through a virtual session for female employees across Pakistan. The company, through the event, solidified its commitment to the inclusion, enablement, and care of women at the workplace for a larger socioeconomic uplift. A virtual session was organized […]

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 […]