Global Banking Monitor (Page 49)

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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...…

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...…

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

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

The Central Bank of Bahrain (CBB) has confirmed that all licensed financial…

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.…

Cybersecurity in the AI Era: New Threats, New Defences

Cybersecurity in the AI Era: New Threats, New Defences

AI is transforming cybersecurity threats as fast as defences. How banks are adapting security strategies for an era of AI-generated attacks, deepfakes, and autonomous threat actors.…