Prime Bank has partnered with London-based FinTech SimbaPay, to launch an instant international money transfer service via the bank’s digital platform PrimeMobi. Through SimbaPay, Prime Bank customers will now be able to instantly and securely send money directly to bank accounts or mobile wallets across 16 countries in Africa, Europe, and Asia including India, United […]

Huawei has announced the launch of First Abu Dhabi Bank’s mobile banking app, on HUAWEI AppGallery, allowing users to manage their accounts and credit cards directly from their mobile devices. The FAB mobile banking app allows UAE customers to manage their accounts, credit cards, transfer money, and pay their bills directly from their mobile device. Commenting […]

Bahrain Islamic Bank (BisB) has emerged as the winner of the prestigious award ‘Excellence in Islamic Banking – Bahrain’ at the 2020 Finnovex Awards held on the sidelines of Finnovex Middle East 2020, a hybrid virtual and live event comprised of panel sessions, workshops, and an awards ceremony, which took place on the 3rd and […]

MCB Islamic, in line with its vision to enable and promote cash-less and digital payments, has entered into an agreement with National Institutional Facilitation Technologies (NIFT), one of the largest payment processors in Pakistan for enabling digital commerce payments (Mobile/Electronic Commerce Payments) through NIFT’s DFS platform under the brand name “NIFT ePay”. The partnership would […]

Pakistan’s digital innovation frontrunner, Zong 4G, has become the first Pakistani operator to make the country’s pioneering 5G NSA call between Beijing and Islamabad in collaboration with Beijing Mobile. Minister of IT & Telecom Syed Amin Ul Haque experienced the 5G call in person. The test call was in continuation of CMPak’s network transformation and […]

MoneyGram International has partnered with PayMaya Philippines to launch a new digital capability that allows customers to send money from the United States to the Philippines through Visa Direct, Visa’s real-time push-payment solution. Users in the United States can use MoneyGram mobile app or website to send money that arrives almost instantly to any PayMaya Visa cardholder located […]

Mastercard has teamed up with IDEMIA, a global leader in Augmented Identity, and MatchMove, a Singapore-based fintech,  to develop a card that will allow fingerprint authorization at in-store payment terminals in Asia, in a bid to enhance the safety and security of contactless transactions. The card, with the product name F.CODE Easy, is developed by […]

Ria Money Transfer and Thunes has announced strategic partnership to enable customers across the globe to send funds directly to millions of mobile wallet users and bank account holders in key emerging markets. Under this partnership,  Ria’s agent network can also send funds directly to mobile wallets. The partnership will help Ria to expand more in […]

Standard Bank, Mastercard and Google collaborate to help SMEs open their digital doors and reach more customers. Under this joint venture, SMEs can get free access to Standard Bank’s SimplyBlu, an all-in-one e-commerce solution powered by Mastercard Payment Gateway Services, plus free Google Ads to the value of R500. With Google Ads, SMEs can get […]

WeLab Bank, has gone live on Temenos and its Transact core banking system. WeLab Bank is powered by cloud agnostic Temenos Transact for core banking along with Temenos Analytics and Financial Crime Mitigation. WeLab operates on both Amazon Web Services (AWS) and Google Cloud With NuoDB the solution delivers a cloud-agnostic, distributed relational database that […]