Swift to set new rules for retail cross-border payments on its network
Swift has announced a new payments scheme designed to transform consumer and SME cross-border transactions on its network, promising fast, predictable...
Pete Sadler
TerraPay & D360 Bank Launch Seamless Payouts to Saudi Arabia
TerraPay has partnered with D360 Bank to enable instant, compliant inbound cross-border payments to Saudi Arabia, enhancing remittance flows into the...
Mashreq Announces Commercial Launch of Digital Retail Bank in Pakistan
Mashreq has officially launched its full-service digital retail bank in Pakistan, marking the first international deployment of its NEO digital banking...
OAB Expands ITM and ATM Capabilities to Enhance Digital Self-Service Banking
Oman Arab Bank has announced a significant upgrade to its Interactive Teller Machine and ATM network, rolling out expanded digital self-service capabilities...
Tamara Secures New Asset-Backed Facility of Up to $2.4 Billion
Saudi fintech Tamara has secured a new asset-backed financing facility of up to $2.4 billion from Goldman Sachs, Citi, and Apollo, providing the capital to...
Visa expands its Saudi payments infrastructure with locally hosted acceptance platform
Visa has launched its Acceptance Platform on a local cloud in Saudi Arabia, a world-first deployment that provides Saudi merchants with locally hosted...
BankDhofar and Mastercard Forge Strategic Collaboration to Transform Payment Solutions in Oman
BankDhofar has entered a strategic partnership with Mastercard to transform its payment solutions across both its conventional and Islamic banking...
SAMA Announces the Launch of Google Pay Service in Saudi Arabia
The Saudi Central Bank has officially launched Google Pay across the Kingdom through integration with the national payment system mada, enabling users to...
Revolut Secures In-Principle Approval for UAE Payments Licence, Accelerating Gulf Expansion
Revolut has received in-principle approval from the Central Bank of the UAE for Stored Value Facilities and Retail Payment Services licences, clearing a...
SNB Recognized for AI Avatar Deployment Across Omnichannel Platforms
Saudi National Bank has been recognised for its deployment of a multilingual AI avatar across omnichannel banking platforms, earning a top digital banking...
ICICI Bank Launches Dedicated Startup Branch in Bengaluru
ICICI Bank has launched a dedicated branch for startups in Bengaluru, offering
Stripe and Paradigm Launch Firm Developing 'Payments-First Blockchain'
Stripe and venture capital firm Paradigm have launched Tempo, a new blockchain purpose-built for high-throughput stablecoin payments, designed to create a...