Dubai
Careem Pay Launches International Remittance to the UK
Careem Pay, the digital wallet and fintech platform within the Careem App, expands its international remittance services to include ‘Faster Payments’ to the United Kingdom for residents of the UAE. Careem Pay enables customers, Captains, and business owners to manage
Read MoreUAE Telco Du Goes Fintech And Launches Du Pay
du, from Emirates Integrated Telecommunications Company (EITC), announced the launch of du Pay, marking a significant milestone in the UAE’s transition toward a cashless economy and aligning seamlessly with the national agenda for digitalization. The digital financial solution is poised
Read More44% of UAE Retailers Affected by Cyberattacks in 2023
Adyen published a new research revealing the millions of Dirhams lost annually to cyberattacks in the UAE retail sector. Working alongside the Centre for Economic Business and Research (Cebr), Adyen found that the retail sector globally lost $429 billion to
Read MoreBinance Receives Full Virtual Asset Service Provider Licence in Dubai
Binance FZE, the Dubai entity of Binance, today announced that it has received the Virtual Asset Service Provider (VASP) licence from Dubai’s Virtual Assets Regulatory Authority (VARA). This licence, subsequent to the previous issuance of the Minimum Viable Product (MVP)
Read MoreSnowdrop and PwC Middle East to Enhance Digital Experience for Banks
Snowdrop Solutions, a provider of advanced transaction enrichment solutions, has announced a collaboration with PwC Middle East to bring its innovative Transaction Enrichment API to banks and payment providers in the region. This collaboration marks a significant step forward for
Read MoreUAE’s SME Fintech Fortis Secures $20M Series A
Fortis, a retail tech and fintech solutions provider tailored for SMEs, announced the successful completion of Series A funding round, raising $20 million in investment led by Opportunity Venture (Asia). With a decade of experience, Fortis empowers entrepreneurs to seamlessly
Read MoreCrypto.com’s Dubai Entity Receives Approval
Crypto.com announced that its Dubai entity, CRO DAX Middle East FZE, has received full operational approval from Dubai’s Virtual Assets Regulatory Authority (VARA) and is launching the Crypto.com Exchange for institutional investors as its first operational milestone. This operational approval
Read MoreUAE Central Bank Grants Telr In-Principle Approval for Retail Payment License
Dubai-based payment gateway provider Telr has secured in-principle approval from the Central Bank of the United Arab Emirates (CBUAE) for a Retail Payment Services & Card Schemes (RPSCS) license. This initial approval marks a major step for Telr, enhancing its capability
Read MoreCleeng Taps Adyen to Enhance Subscription Payment Experience in the UAE
Global payments platform Adyen announced that it has expanded its partnership with Cleeng into the United Arab Emirates (UAE). Cleeng, known for its Subscriber Retention Management (SRM) software in the media and entertainment sectors, marks its entry into the UAE,
Read MoreVisa Joins Dubai Fintech Summit as Co-Host
Vis has joined the Dubai FinTech Summit organised by Dubai International Financial Centre (DIFC), as a Founding Partner & Co-Host underscoring its dedication to support innovative and future thinking businesses on a global scale. Visa has cemented its partnership with
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