As part of its effort to accelerate digital transformation in Egypt’s financial ecosystem, Mastercard announced a strategic long-term partnership with Arab African International Bank (AAIB). Through this partnership, Mastercard and AAIB will focus on the planning and execution of AAIB digital transformation strategy as well as delivering cutting-edge payment solutions that cater to the increasing […]

UOB and Doxa are collaborating to enable companies to move their procurement and trade financing processes online. They signed a Memorandum of Understanding (MOU) with their client Kimly Construction Private Limited (Kimly Construction), for the execution of the trio’s first green trade finance transaction together. This means that the procurement and trade financing processes for […]

Pakistan’s leading fintech JazzCash, in collaboration with Bank of Khyber (BoK), is strengthening the country’s digital payments ecosystem. JazzCash users living in Khyber Pakhtunkhwa (KPK) will now be able to receive PKR 2,100 for the government’s Insaaf Food Programme through the JazzCash retail network and existing JazzCash customers will receive funds in their JazzCash mobile […]

QNB, the largest financial institution in the Middle East and Africa, announces its launch of Open Banking platform for a wider audience including the Bank’s customers, partners and emerging FinTechs in Qatar. QNB is the first bank in Qatar and one of the first in the region for launching Open Banking services.  With this enhanced […]

Askari Bank and NayaPay have recently signed an agreement to promote digital payments in Pakistan. As an Electronic Money Institution (EMI), NayaPay enables users to open E-money accounts in a few simple steps. E-money account holders can make digital payments by accessing their funds through the NayaPay app and associated debit cards, accepted at ATMs and […]

Easypaisa, Pakistan’s leading digital payments platform, has partnered with Munsalik Digital (MDPL) to streamline the latter’s operational capabilities. Through this partnership, Munsalik will be able to disburse and collect loan repayments through Easypaisa’s widespread branchless banking network, thereby introducing efficiencies, process standardization, and improving the customer’s journey. MDPL has been digitizing the customer on-boarding process […]