A compassionate approach to the financial needs of persons with disabilities, supported by innovative technology solutions, has the potential to address the needs of the most vulnerable members of society across the Middle East and Africa, according to the latest white paper from Mastercard. The study, Bridging the Disability Gap: An Opportunity to Make a […]

Ajman, United Arab Emirates: Ajman’s Department of Finance (DoF) has signed a cooperation agreement with First Abu Dhabi Bank (FAB), the UAE’s largest bank and Magnati, a regional leader in the payment solution industry, to support the launch of new payment channels and services through the AjmanPay application. This agreement emphasizes the department’s commitment to implementing […]

Apex Fintech Solutions has partnered with Zogo Finance, the next-generation financial education app, to transform the way investors learn on their own. Zogo takes a Gen Z approach to covering a wide range of topics including investing strategies, e-sports, healthcare and insurance—where users can earn gift cards and rewards as they learn. Now the modules […]

Western Union, a global leader in cross-border, cross-currency money movement and payments, has announced the launch of its services with Bank Alfalah, one of the largest private banks in Pakistan. Western Union’s strategic partnership with Bank Alfalah empowers customers in Pakistan to enjoy the added convenience of receiving their Western Union money transfers at more […]

Dana, an embedded lending platform and FintechOS, a global technology provider for banks, insurers, credit unions, and other financial services companies, has unveiled a partnership to provide innovative technology solutions and strategic value propositions to financial institutions, particularly in the South Asian region.  The combination of Dana’s AI-powered embedded lending platform and FintechOS’ high-productivity fintech […]

Supernet Limited (‘SNL’), a subsidiary of Telecard Limited has been awarded Shariah Screening Certificate by Meezan Bank Limited, based on the review of consolidated financial statements of SNL, certifying its compliance with KSE Meezan Islamic Index Criteria set out by Pakistan Stock Exchange, this was announced in a notice by Telecard sent to Pakistan Stock […]

In order to increase financial inclusion in Indonesia, PT Bank Rakyat Indonesia (Persero) Tbk or BRI collaborates with Ayoconnect, an Open Finance platform provider to build open banking-based solutions. This vision is also in line with the goals of financial inclusion and digital economic transformation which are one of the priority agendas carried out in […]

MX, the financial data platform has announced a partnership with Rize, an embedded banking platform, to empower financial technology developers and non-financial companies to efficiently build, launch, and scale new financial products and services via a single API. Rize and MX expect the partnership will help customers significantly reduce development time and costs. The referral-based […]

Pakistan’s largest digital bank, Mobilink Microfinance Bank (MMBL) showcased its digital banking initiatives and women’s access to financial services at the ongoing Dubai Expo 2020. President & CEO MMBL, Ghazanfar Azzam shared MMBL’s efforts in promoting financial inclusion in an integral event at the Pakistan Pavilion, “Women of Pakistan: Leading a Change”, organized by the […]

Commercial Bank of Dubai has approved a debt financing deal with Postpay, an omni-channel Buy Now, Pay Later (BPNL) provider in the Middle East. The strategic partnership with CBD will provide support to Postpay on several fronts including Transaction Banking, Debt Funding and E-Commerce solutions allowing Postpay to focus on growth and support to its […]