Global Banking Monitor (Page 24)

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BNPL Giant Tabby Acquires Saudi Digital Wallet Tweeq in First-Ever Acquisition

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...

SAMA and Samsung to Launch Samsung Pay in Saudi Arabia

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...

Tamara Secures SAMA Preliminary Approval for Consumer Finance Licence, Expanding BNPL Scope

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...

Bahrain's Open Banking Framework Enters Force, Mandating Compliance for All Licensed Banks

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...

Riyad Bank Awarded Best AI Implementation for Center of Intelligence

Riyad Bank Awarded Best AI Implementation for Center of Intelligence

Riyad Bank launched the Center of Intelligence (COI), the first specialised AI centre in Saudi banking - earning our Best AI Implementation Award.

Mastercard Selects India for Global Launch of Payment Passkey Service

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...

BankDhofar Selects Entrust for Digital Card Capabilities

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.

Emirates NBD Launches Zero-Fee UAE Equity Trading on ENBD X

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.

BSF Receives Best Digital Transformation Award

BSF Receives Best Digital Transformation Award

BSF completed its transformation from Banque Saudi Fransi to a data-driven, next-generation banking institution - earning our Best Digital Transformation Award.

Wio Bank Builds Comprehensive SME Lending Suite and Achieves Profitability

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...

Kuwait's Boubyan Bank Taps Temenos to Modernise Core Banking Systems

Kuwait's Boubyan Bank Taps Temenos to Modernise Core Banking Systems

Boubyan Bank, Kuwait's second-largest Islamic bank, has selected Temenos to modernise its retail, corporate, and private banking platforms, replacing legacy...