Tag "Mashreq Bank"
State Bank of Pakistan Approves 5 In-principle Approvals for Digital Retail Banks in Pakistan
In a bid to foster innovation, financial inclusion and availability of affordable digital financial services, State Bank of Pakistan (SBP) has granted In-Principle Approval (IPA) for establishing five digital retails banks, namely HugoBank Limited, KT Bank Pakistan Limited, Mashreq Bank
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First Islamic Bank To Go Live on the UAE KYC Blockchain Platform
Abu Dhabi Islamic Bank (ADIB) has become the first Islamic bank to go live on the UAE Know Your Customer Blockchain Platform, a national ecosystem for the exchange of verified KYC data between licensing authorities and financial institutions. Dubai’s Department
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Mashreq Offers Fully Integrated Mobile IPO Subscription Service
Mashreq is the first bank to go live with its digital IPO subscription through its mobile application. The bank’s retail customers can now generate a National Investor number (NIN), open a brokerage account in Mashreq Securities and subscribe digitally to
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Mashreq Hires Veteran Banker as Group Head of Tech, Transformation and Information
Mashreq Bank announced that it has appointed Alexander Raiff as its new Group Head of Technology, Transformation and Information, effective 1st April 2022 onwards. Alexander is a seasoned technology professional with over 30 years of experience; noteworthy is his role
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Mashreq Bank Launches Neopay
Mashreq Ban has completed the transition of its existing payments business into a new, wholly owned subsidiary, IDFAA Payment Services LLC, with a brand name NEOPAY, powered by Mashreq. NEOPAY, powered by Mashreq Bank, will leverage the latest technology and
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Mashreq Invests in F&B Payment Fintech Touché
Mashreq has announced an investment in the FinTech Touché, which is revolutionizing the F&B and hospitality industries with its streamlined payment system. The partnership re-enforces Mashreq’s commitment to support the burgeoning FinTech ecosystem across the UAE, working with innovators and
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Mashreq Invests with Venture Fund into NymCard
Mashreq has taken a stake in NymCard, the only Banking-as-a-Service provider in the Middle East, to help grow the booming FinTech ecosystem in the UAE and support the next generation of innovators. This investment is part of a FinTech fund
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Federal Bank Partners Mashreq Bank for Instant Money Transfers From UAE to India
Federal Bank has entered into a strategic tie-up with Mashreq Bank to facilitate money transfers from the UAE to India by supporting the latter’s faster payment product, QuickRemit, which was launched in 2017. As a result of the partnership, Mashreq
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11 Startups Graduate Startupbootcamp Fintech Dubai’s 3rd Cohort
Startupbootcamp Fintech Dubai’s industry focused accelerator programme has concluded with 11 startups graduating from its third cohort. Startupbootcamp Fintech Dubai was launched in 2018 in partnership with Dubai International Financial Centre’s Fintech Hive (DIFC), Visa, Mashreq bank and HSBC. To
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DIFC and Mashreq Bank Launch Instant Bank Account Opening with the Region’s First KYC Blockchain Platform
Dubai International Financial Centre (DIFC) and Mashreq Bank announced the region’s first blockchain data sharing platform, now live in production, to support licensed businesses and corporates opening digital bank accounts instantly. In continuation of the consortium formed back in July 2019
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