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 […]

Mastercard is partnering with Pick n Pay’s Feed the Nation and FoodForward SA to launch a “Click to Feed” initiative that enables its cardholders to donate meals to those who need it the most. Every time a customer pays for their Pick n Pay online shop using their Mastercard, 30 meals will be donated to […]

Mastercard and Amazon.ae have announced a strategic partnership to offer customers exclusive access to the ultimate shopping experience, value-added benefits and online savings. As part of the partnership, the companies intend to launch a number of consumer centric initiatives that will meet the consumers’ evolving shopping requirements. The consumers who sign up for and use […]

David Wang, executive director of Huawei, has launched Huawei’s all-scenario intelligent connectivity solutions for home and enterprise scenarios at the sixth Ultra-Broadband Forum (UBBF). Through these scenarios, home broadband will enter the experience economy era and the digital transformation of industries will be accelerated. Every upgrade of connectivity has fundamentally changed society. Now, as we […]

Varo Bank is introducing Varo Advance, an innovative product that instantly advances up to $100 to qualifying customers and gives customers more flexibility and control over their finances. Varo Advance provides eligible customers with instant access to up to $100 cash advance directly in the Varo Bank app. It comes with a fixed cost structure and with […]

RBC Capital Markets announced the launch of Aiden, an AI-based electronic trading platform that uses the computational power to get improved trading results and insights for clients. In collaboration with RBC Capital Markets and Borealis AI, Aiden platform has been developed, a world-class AI research center created by RBC, as traders and AI scientists worked side-by-side […]

Tabarak developments has launched  the very first e-payment platform among real estate developers, allowing clients to make payments digitally. The new e-payment helps save customers the time and effort spent in visiting the relevant office to pay their installments or deposits, but also helps protect the health and safety of customers and employees against COVID-19. […]