Adyen Expands Payment Processing to India, Launches New Technology Hub
Adyen has expanded its direct payment processing capabilities to India and simultaneously launched a new technology hub in the country, deepening its...
Payments & Fintech
NBK Launches WAMD Instant Payment Service via Mobile App
National Bank of Kuwait has launched the WAMD instant payment service through its mobile banking app, enabling customers to send and receive money instantly...
UAE Launches Jaywan Domestic Card Scheme, Reducing Reliance on International Networks
Al Etihad Payments has launched Jaywan, the UAE's first domestic payment card scheme, enabling financial institutions to issue locally branded debit,...
Kuwait Launches WAMD Instant Payment System, Onboarding 30% of Banked Population Within Three Months
Kuwait has launched WAMD, the country's first real-time instant payment system, onboarding approximately 30% of the banked population within three months of...
Citi and Emirates NBD Launch 24/7 USD Cross-Border Payments
Emirates NBD has become the first bank to use Citi's 24/7 USD Clearing service, enabling round-the-clock cross-border US dollar payments from the Middle East.
Ooredoo Announces Walletii Digital Wallet for Oman, Including Cross-Border Remittance
Ooredoo Fintech International has announced walletii, a digital wallet and mobile financial services app for the Omani market, featuring cross-border...
HSBC and Geidea Launch Omni Collect E-Commerce Payment Solution in the UAE
HSBC UAE has partnered with Saudi fintech Geidea to launch Omni Collect, an e-commerce payment solution designed for businesses operating in the Emirates.
Ooredoo Debuts "walletii" - A Comprehensive Digital Finance and Remittance App in Oman
Ooredoo Fintech International has launched walletii in Oman, a mobile money application offering digital wallet services, domestic and international...
Mastercard Partners with The BENEFIT Company to Drive Payment Innovation and Financial Inclusion in Bahrain
Mastercard and The BENEFIT Company, Bahrain's national payments infrastructure operator, have signed a memorandum of understanding to co-develop digital...
Standard Chartered Completes First Euro-Denominated Cross-Border Transaction on Partior Blockchain Network
Standard Chartered has completed the first Euro-denominated cross-border transaction on the Partior blockchain network, becoming the first Euro settlement...
Mastercard Accelerates Card Fraud Detection with Generative AI Technology
Mastercard has deployed generative AI technology to double the speed at which it detects potentially compromised payment cards, enhancing its Consumer Fraud...
Emirates NBD and Nium Join Forces to Transform Cross-Border Payments in the Middle East
Emirates NBD has partnered with Nium to enable real-time cross-border payments for its retail and corporate customers, marking one of the most significant...