This 5-report series on Payments is a product of the Payments Working Group of the MENA FinTech Association called “SHIFT”. This volume, Know Your Customer (KYC), focuses on the massive importance of eKYC to business efficiency, risk management, and customer acquisition. The key takeaways from this report are: Since 2012, 23.1% of all RegTech investments, […]

The Bahrain Institute of Banking and Finance (BIBF), the region’s premier training and development provider, has recently participated in a panel discussion titled “FinTech in Bahrain”, which was held as part of GITEX Dubai 2022, the largest technology exhibition in the world. The BIBF was represented by its Chief Operating Officer, Mr. Ahmed Naeemi, who […]

Trustly, the world’s leader in Open Banking payments, has joined forces with Conotoxia, a multi-currency fintech company from Poland, to provide users with a fast, safe way to transfer funds internationally directly from their bank accounts. The partnership will allow both current and future customers more flexibility for transferring money into North America. For a […]

Raheel Iqbal, Managing Partner at Codebase Technologies discusses API-driven digital propositions and how Codebase Technologies is helping to build future-ready digital finance brands. While explaining the inception of Codebase Technologies, Iqbal said, “Codebase Technologies is a global leader & one of the world’s fastest-growing open API solution providers. Founded two decades ago in 1998, Codebase […]

HBL has joined forces with Hysab Kytab to launch the first comprehensive Personal Finance Manager (PFM) solution, offered for the first time by any bank in Pakistan. Hysab Kytab’s PFM (budgeting) tool is integrated into HBL Mobile and will enable all app users to take control of their financial well-being. Veqar Ul Islam, Founder of […]

The National Incubation Center has announced the launch of its latest hackathon, Hacktivate-4.0, to find solutions in the fin-tech space. The hackathon applications are open till the 31st of March 2021. The purpose of this event is to find practical innovative solutions to challenges faced in the fin-tech space. With an acceleration in the adoption of digital technologies […]

Avanza Solutions – one of the leading Fintech organizations across the globe, has entered into a strategic partnership with Hysab Kytab –a Fintech that offers a suite of financial management solutions. The collaboration will help in providing individual-level personalized financial management products and services to digital banking customers. The partnership between Avanza Solutions and Hysab […]

Samsung Electronics Co., Ltd has announced that the new Samsung Pay Card, powered by Curve, and in conjunction with global payments technology company Mastercard, will be available from August 18th. With ONE simple to use the digital-first card, Samsung Pay Card gives users complete control over their spending, without the fuss of having to change banks. This isn’t another bank […]

After becoming Pakistan’s first fintech to win an E-Money Institution (EMI) license pilot green light from State Bank of Pakistan, Finja has now also been added to the bank’s list for Interbank Fund Transfers from any bank or ATM in Pakistan. This marks the first time a non-bank has been allowed this access and will […]