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Mastercard Launches Local Technology Infrastructure in Saudi Arabia to Power Digital Payments

Payments & Fintech

Mastercard Launches Local Technology Infrastructure in Saudi Arabia to Power Digital Payments

Mastercard has launched local technology infrastructure in Saudi Arabia, enabling domestic processing of payment transactions within the Kingdom for the...…

Qatar Central Bank Integrates QPay with FAWRAN Instant Payment System

Payments & Fintech

Qatar Central Bank Integrates QPay with FAWRAN Instant Payment System

The Qatar Central Bank has integrated its national e-commerce gateway QPay with FAWRAN, Qatar's domestic instant payment system, enabling merchants to...…

Mastercard Debuts Payment Passkey Service in the Middle East with noon Payments

Payments & Fintech

Mastercard Debuts Payment Passkey Service in the Middle East with noon Payments

Mastercard has launched its Payment Passkey Service in the Middle East for the first time, partnering with noon Payments to enable biometric authentication...…

QNB Strengthens Fintech Advancements in Qatar Through Strategic Partnership

Payments & Fintech

QNB Strengthens Fintech Advancements in Qatar Through Strategic Partnership

QNB Group has announced a strategic partnership to advance digital innovation and strengthen the payment ecosystem in Qatar, focusing on integrating...…

Citi and Google Cloud Announce Strategic Agreement to Modernize Technology Infrastructure

Citi and Google Cloud Announce Strategic Agreement to Modernize Technology Infrastructure

Citigroup and Google Cloud have entered a multi-year strategic agreement to migrate workloads and applications to Google Cloud's infrastructure while...…

Mashreq Expands Collaboration with Oracle to Accelerate Global Expansion Using Exadata Cloud

Mashreq Expands Collaboration with Oracle to Accelerate Global Expansion Using Exadata Cloud

Mashreq has expanded its partnership with Oracle by selecting Oracle Exadata Cloud@Customer to support its database workloads, adding cloud database...…

RAKBANK Selects Oracle Fusion Cloud Applications Suite to Enhance Business Processes

RAKBANK Selects Oracle Fusion Cloud Applications Suite to Enhance Business Processes

RAKBANK has selected Oracle's Fusion Cloud Applications Suite to modernise its business processes, deploying the platform's embedded AI capabilities across...…

Emirates NBD Partners with McKinsey to Drive AI and Advanced Analytics Transformation

Emirates NBD has announced a strategic partnership with McKinsey to accelerate its transformation into an AI and advanced-analytics-driven bank.…

HSBC Launches New Embedded Finance Venture SemFi

Digital Banking

HSBC Launches New Embedded Finance Venture SemFi

HSBC has launched SemFi, a jointly owned venture with supply chain platform Tradeshift, to deliver embedded finance solutions to businesses operating on B2B...…

Magnati and Wio Bank Partner to Support Businesses with Embedded Finance Solutions

Payments & Fintech

Magnati and Wio Bank Partner to Support Businesses with Embedded Finance Solutions

Payment solutions provider Magnati and UAE digital bank Wio Bank have partnered to deliver embedded finance solutions for small and medium businesses.…

Lean Technologies Receives First Major Payment Institution Licence for Open Banking in Saudi Arabia

Payments & Fintech

Lean Technologies Receives First Major Payment Institution Licence for Open Banking in Saudi Arabia

Saudi fintech Lean Technologies has become the first company to receive a Major Payment Institution licence for open banking services from the Saudi Central...…

SAMA Announces Issuance of Second Release of Open Banking Framework

The Saudi Central Bank (SAMA) has issued the second release of its Open Banking Framework, focusing on Payment Initiation Services that standardise how...…