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.
Payments & Fintech
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...
Checkout.com and Mastercard Partner to Bring Virtual Cards to Online Travel Agents
Checkout.com and Mastercard have announced a partnership to deliver virtual card capabilities to online travel agents through the Mastercard Wholesale Program.
Stripe Sessions 2024: 50+ Product Launches Including AI-Powered Payments and 100+ Payment Methods
Stripe unveiled more than 50 product updates at its annual Sessions conference, including AI-powered payment optimisations, a doubling of supported payment...
Samsung Pay Launches in Oman with Bank Muscat as Key Participating Institution
Samsung Pay has officially launched in Oman, with Bank Muscat among the key financial institutions supporting the digital wallet from day one.
STC Bank Launches in Beta Supported by SAMA
STC Pay has officially begun its transformation into a fully licensed digital bank, launching STC Bank in beta with the support of the Saudi Central Bank...