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 […]

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 […]

Digidentity has rolled out its Remote Identification capabilities to all clients following the successful implementation across a number of niche user groups. The technology enables organizations and their customers to reliably complete identification checks without the need for physical attendance. Available through Digidentity’s own platform, the solution leverages Near Field Communication (NFC), Liveness Detection and […]

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 […]

Mastercard  has completed its acquisition of Ekata, a leading provider of identity verification services that help businesses make more informed decisions during online account opening, payments and a variety of other digital interactions. Ekata’s identity verification data, machine learning technology and global experience will add to Mastercard’s fraud prevention and digital identity programs. The combined […]

SEON has announced its partnership with IDVerifact. Recognising the increasing surge in fraud and digital identity theft, IDVerifact sought to strengthen its capabilities by partnering with SEON to extend its comprehensive suite of solutions. As part of the agreement, IDVerifact will integrate SEON’s cloud-based machine learning platform, Intelligence Tool, into the IDVerifact platform to provide […]

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 […]