UnionPay International has announced collaboration with Aleta Plane to launch AP-1, an e-wallet aimed at offering users the convenience of UnionPay’s QR code payment. The e-wallet is aimed at making UnionPay’s QR code payment available to users. At present, 18 e-wallet products that comply with UnionPay specifications are available in five Southeast Asian countries. UnionPay’s […]

TymeBank has teamed up with  Network International to empower small and medium enterprises to accept card payments. successful entry into the South African consumer banking market, the financial institution is now planning to build accessible and affordable payment solutions for the SME market. Since TymeBank’s successful entry into the South African consumer banking market, they […]

Mastercard and Jordan Kuwait Bank have announced  partnership to foster digital payment innovations in Jordan. Under the agreement, Jordan Kuwait Bank will introduce a wide range of innovative card-based payment products to its customers including Mastercard debit and prepaid products to further enhance the banking and payment experiences to cardholders in Jordan. The partnership will […]

Global Processing Services has secured strategic investment from Visa. Backed by UK growth private equity firm, Dunedin, this strategic investment will accelerate GPS’ global expansion, following its success in launching new and innovative fintechs and digital banks in Europe and South East Asia, including Revolut and Starling Bank. Joanne Dewar, Chief Executive Officer at GPS, […]

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 […]

Customers can now make appointments online ahead of their visits to branches or Premier Wealth Centers nationwide, conveniently and seamlessly via the Maybank2u website. Customers have the flexibility to choose their preferred date and time slot for the branch or PWC they wish to visit, as well as the services they would like to perform […]

Commercial Bank of Dubai (CBD), one of the leading financial institutions in the UAE, has signed a partnership agreement with NOW Money, the digital account service, to provide accounts and cards targeted specifically at low-income customers. NOW Money will open accounts for existing CBD low-income customers (previously known as Rateb customers) with immediate effect, allowing these customers […]

Abu Dhabi Islamic Bank has seen a substantial rise in customer demand for its digital banking services in 2020. Even after the phased re-opening of the UAE economy, ADIB has continued to see strong uptake for digital services, with 75% of customers now enrolled through the bank’s digital channels. In total, 50% of new ADIB […]

City Bank has launched City Ekhoni Account, a mobile app for customers to open account instantly. This app will replace traditional method of account opening. City Bank has introduced E-KYC following the guidelines provided by Bangladesh Financial Intelligence Unit, BFIU. Opening  account is very simple. After installing  ‘City Ekhoni Account’ app, customers are asked to […]

First Abu Dhabi Bank has launched Digital Marketplace powered by payit, its digital wallet. It allows small and medium businesses to list and sell their products and services on the platform conveniently and make them accessible to a growing base of payit customers. Digital Marketplace platform will include a range of products and services, such […]