Dubai

Capital Bank Selects Codebase to Build New Digital Banks in Jordan and Iraq

Capital Bank Group has selected open API banking solutions provider Codebase Technologies to build and launch its first fully digital bank in Jordan and Iraq. The strategic partnership will enrich Capital Bank Group’s digital offering to its retail and corporate

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HSBC Goes Live on Dubai Economy’s UAE KYC Blockchain Platform

HSBC has become the fourth founding member to go live on Dubai Economy‘s UAE KYC (Know Your Customer) Blockchain Consortium. The UAE KYC Blockchain Platform is a national ecosystem for the exchange of verified “know your customer” data between licensing

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Pakistani Digital Bank UBL Partners Temenos for Its Digital Transformation

Pakistan’s digital bank UBL has signed an agreement with Temenos and National Data Consultant (NdcTech) to provide and implement a next-generation digital banking solution. Through this agreement, the bank has embarked on a digital transformation journey across all channels, products

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P2P Payments Firm Mamo Granted Innovation Testing License by Dubai Regulator

Mamo, a Dubai-based digital wallet and peer-to-peer payments platform, has been granted an Innovation Testing License to operate in or from Dubai International Financial Centre (DIFC), the global financial center and fintech hub in the MEASA region. The license has

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Paxful Rolls Out Bitcoin Payment Option for E-Commerce Merchants in the UAE

Paxful, a global peer-to-peer fintech, announced that its e-commerce solution that allows businesses worldwide to receive bitcoin. The Paxful Pay service is already available and allows customers to pay with almost 400 payment methods – exchanging into bitcoin that is

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Visa Appoints New Group Country Manager to Lead the GCC Region

Visa announced the appointment of Dr. Saeeda Jaffar as Group Country Manager, and Senior Vice President, for its operations across the Gulf Cooperation Council (GCC) region. Dr Jaffar will join the global digital payments leader to oversee its presence in

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Amazon Payment Services Launches Fintech Lab at Dubai’s DIFC Innovation Hub

Amazon Payment Services, a payment processing service in the Middle East and North Africa (MENA) region, has launched the Amazon Fintech Lab in the DIFC Innovation Hub. The initiative is the latest in Amazon Payment Services’ efforts to support fintech

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Dutch Payments Firm Adyen Strengthens Middle East Team With New Hire

Adyen, a Dutch payments platform, has strengthened its regional leadership team with the appointment of Mahmoud Ismail, as Vice President for Acquiring in the Middle East. The firm had recently announced the expansion of its acquiring capabilities in the UAE.

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Dubai’s P2P Payments Firm Ziina Raises US$7.5 Million Ahead of Saudi Expansion Plans

Ziina, the UAE’s Peer-to-Peer (P2P) payment application backed by Y-Combinator (YC), announced its latest funding round of US$7.5 million. The round will help the company launch its new wallet service and fuel its expansion into Saudi Arabia. Ziina plans on

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PayBy’s Contactless Payment Option Now Available At Al Maya Supermarkets Across UAE

PayBy, an Abu Dhabi-based payments startup, has partnered with Al Maya Group to provide the latter with secure, contactless payment option across 49 of its supermarkets across the UAE. When shopping in Al Maya supermarkets, customers simply present the QR

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