AI & Cloud Shawbrook Selects Thought Machine's Vault Core to Scale Commercial SME Lending UK specialist bank Shawbrook has selected Thought Machine's Vault Core as its core banking platform to scale its commercial SME lending operations.
Digital Banking Standard Chartered Launches Digital Asset Custody Service in the UAE Standard Chartered has launched a digital asset custody service in the UAE after receiving a licence from the Dubai Financial Services Authority, offering...
Payments & Fintech PayPal Launches "PayPal Everywhere," Entering In-Store Payments with Debit Card and Apple Wallet Integration PayPal has launched PayPal Everywhere, an omnichannel initiative that integrates its debit card with Apple Wallet to enable in-store contactless payments at...
Payments & Fintech BNPL Giant Tabby Acquires Saudi Digital Wallet Tweeq in First-Ever Acquisition Tabby, the Gulf's leading buy-now-pay-later platform valued at $1.5 billion, has announced its first acquisition, purchasing Saudi-based digital wallet...
Payments & Fintech SAMA and Samsung to Launch Samsung Pay in Saudi Arabia The Saudi Central Bank (SAMA) has announced an agreement to enable the launch of Samsung Pay in Saudi Arabia during the fourth quarter of 2024, expanding...
Regulatory Tamara Secures SAMA Preliminary Approval for Consumer Finance Licence, Expanding BNPL Scope Saudi fintech Tamara has received preliminary approval from the Saudi Central Bank (SAMA) for a consumer finance licence, a regulatory milestone that...
Regulatory Bahrain's Open Banking Framework Enters Force, Mandating Compliance for All Licensed Banks The Central Bank of Bahrain's Open Banking Framework has entered into force, requiring all licensed banks and finance companies in the kingdom to comply...
Payments & Fintech Mastercard Selects India for Global Launch of Payment Passkey Service Mastercard has selected India as the launch market for its Payment Passkey Service, a biometric authentication system that replaces passwords and one-time...
Payments & Fintech BankDhofar Selects Entrust for Digital Card Capabilities BankDhofar has partnered with Entrust to deploy digital card issuance and Tap to Pay capabilities, enhancing its Dhofar-Pay mobile payment solution in Oman.
Digital Banking Emirates NBD Launches Zero-Fee UAE Equity Trading on ENBD X Emirates NBD has introduced commission-free trading for UAE-listed equities through its ENBD X mobile app, aiming to broaden retail investor participation...
Payments & Fintech PayPal and Adyen Expand Partnership to Offer Fastlane Accelerated Checkout in the US PayPal and Adyen have expanded their strategic partnership to offer Fastlane by PayPal to Adyen's enterprise and marketplace customers in the United States.
Digital Banking Wio Bank Builds Comprehensive SME Lending Suite and Achieves Profitability UAE digital bank Wio Bank has launched an SME credit card and short-term cash lending products, building out a comprehensive lending suite for small and...