Raseedy has  launched Egypt’s “first independent licensed digital wallet”, in partnership with saib Bank and Mastercard. Raseedy wallet enables all segments of the Egyptian community, including: consumers, merchants and businesses, to digitally manage their finances by using a mobile app, while enjoying optimum financial security. Raseedy wallet provides users with multiple digital financial services, including […]

Alinma Bank has partnered with JCB International Co to enable the acceptance of JCB Cards through its POS and ATM network devices deployed in the Kingdom of Saudi Arabia.  The expansion is in line with the Kingdom’s strategic vision to promote both a cashless society and financial inclusion as part of Vision 2030.The partnership will […]

Pfizer has  announced the appointment of Lindsey Dietschi as Cluster Lead for the Gulf states within its Emerging Markets business unit. In her new role, Dietschi will oversee the Pfizer business in the United Arab Emirates, Bahrain, Kuwait and Oman and Yemen. Dietschi has more than 17 years of experience in heading various global roles. […]

iQSTEL confirmed entering into a letter of intent agreement with Payment Virtual Mobile Solutions LLC to build a VISA Prepaid Debit Card service. This service will enable iQSTEL clients to make purchases in stores and online, do cash withdrawals at ATMs or get cash-back when making a purchase, recharge prepaid mobile phone service (domestic and international), […]

UnionPay International has introduced  UnionPay QR code payment technology to merchants in Australia and New Zealand. UnionPay will be introducing the new technology in response to the growing merchant and user demand for safe mobile payment systems as a result of the COVID-19 pandemic. Therefore, UnionPay QR code payment is accepted at over 30 million merchants in […]

Lyft has partnered with Venmo, allowing users to pay for their rides using their Venmo balances and easily split the cost of their ride.  The feature was rolled out in October and will launch to all U.S. Lyft riders in the coming weeks. To avail this feature, customers will need latest version of the latest […]

Volante Technologies has  announced that Banorte is partnering with Volante to modernize the bank’s cross-border payment architecture. Going forward, all related systems, including channels, will connect to Volante’s VolPay to orchestrate and process cross-border transactions. Mexican banks have a strong desire to innovate and differentiate, and are looking to work with providers that can help […]

Mastercard has teamed up with IDEMIA, a global leader in Augmented Identity, and MatchMove, a Singapore-based fintech,  to develop a card that will allow fingerprint authorization at in-store payment terminals in Asia, in a bid to enhance the safety and security of contactless transactions. The card, with the product name F.CODE Easy, is developed by […]

The Maybank Group through Maybank Islamic Bhd today introduced Malaysia’s first-ever Social Impact Deposit, a campaign under its Islamic Fixed Deposit account (IFD-i). Customers are offered to place a fixed deposit and at the same time, help in extending financial relief to those whose incomes have been affected by the COVID-19 pandemic. Customers are offered […]

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 […]