The Monetary Authority of Singapore (MAS) launched the 8th edition of the Global FinTech Hackcelerator, titled “Artificial Intelligence (AI) in Finance Global Challenge”, to produce innovative and market-ready AI solutions that can transform the financial services industry. The competition is conducted in partnership with AI Singapore (AISG)  and powered by Oliver Wyman.  Interested parties from around the […]

NymCard, the leading payments infrastructure provider in the MENA region, has completed the acquisition of Spotii, a prominent Buy Now Pay Later (BNPL) Fintech operating in key markets including KSA, UAE, and Bahrain. This strategic move positions NymCard to offer its financial services client base a fully customizable BNPL product tailored to their specific needs […]

Committed to making smart and innovative use of digital technologies, Ooredoo has been named the ‘Most Innovative Digitally Transformed Telecom Company – Oman 2023’ at the Global Business Outlook (GBO) Awards. The annual GBO Awards recognize and reward companies from around the world for their performance, innovation and drive to create value. The win further […]

In line with its commitment to providing high-quality user journeys, UPaisa has introduced an innovative QR Code Scan feature on its digital app to bring unprecedented ease and convenience to its users. The innovative upgrade simplifies financial transactions and enhances the usability of financial technology for a larger section of the population. UPaisa is one […]

K-Electric has taken another innovative step towards moving to a paperless ecosystem, by introducing digital stamps for customer bills. This will allow customers to maintain digital proof of payment of KE bills, with the record accessible from KE Live App, Website, and WhatsApp Self-Service Portal. This step furthers KE’s environmentally friendly ‘Hara Qadam’ initiative and […]

The Dubai FinTech Summit welcomes Visa as a co-host sponsor for the two-day event taking place on 8 and 9 May this year. Visa is a global leader in digital payments that is connecting the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive. “FinTechs are […]

Meezan Bank and NIFT ePay have joined hands to expand digital payments in Pakistan. Meezan Bank customers will now be able to enjoy account-based e-commerce payments, in addition to card-based payments on 500+ NIFT ePay merchants and businesses. This partnership will play a vital role in accelerating digital payments in Pakistan and enabling people to […]

The parent company of Dawlance, Arçelik has established its second R&D center in Pakistan at the National University of Science and Technology (NUST). Arçelik is the 2nd largest manufacturer in Europe, operates in 53 countries with 83 subsidiaries has 30 R&D centers around the World. Arçelik produces leading sustainable and innovative home appliances products at […]

Ooredoo signed a Memorandum of Understanding (MoU) with the United Nations Children’s Emergency Fund (UNICEF), cooperation in the area of protecting children’s rights. The partnership aims to promote awareness of a variety of topics, including positive parenting and child development practices, bullying via a joint campaign, children’s rights, climate change, and the Sustainable Development Goals […]

TikTok is continuing its efforts towards user safety in Pakistan as it is set to launch its first-ever offline digital safety focused activation in the country with its Safety Ambassadors Programme. The Safety Ambassadors Programme is a part of TikTok’s goal to foster a safe and welcoming platform for its vibrant, diverse communities. TikTok continues […]