Dubai
Visa Study: Contactless Payments in the UAE Here to Stay
Visa’s third edition of its global research study, “Visa Back to Business Study – 2021 Outlook”, found that both the continued small and micro business’ (SMB) shift towards digital commerce and changing consumer payments habits embracing digital payments in the
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Emirates NBD Unveils Customer Digital Onboarding Experience
Emirates NBD has rolled out the digital onboarding option for new customers to have their identity documents verified using contactless NFC technology when opening a bank account via its mobile app. The bank’s TruID solution uses NFC technology to read
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Dubai’s Road Transport Authority Launches Smart Payment Card
Dubai’s Roads and Transport Authority (RTA) and Huawei Consumer Business Group announced the launch of the Gulf Cooperation Council’s (GCC) digital nol cards and nol Pay mobile app on the Huawei AppGallery. This collaboration is in line with the RTA’s
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7 Fintech Startups in UAE to Watch in 2021
The United Arab Emirates (UAE) is the largest fintech hub for startups in the Middle East and North Africa (MENA), housing about 50% of the region’s fintech companies. In the UAE, two leading financial free zones, Abu Dhabi Global Market
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Fintech in 2020: Key Developments that Shaped UAE’s Fintech Industry This Year
The United Arab Emirates (UAE) is the largest fintech hub in the Middle East and North Africa (MENA) and home to half of the region’s fintech companies. As of November 2020, the UAE accounted for over 60% of funds raised
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Tabby Ties up With IKEA to Offer Interest-Free Buy Now, Pay Later Option
tabby, a Middle East “Buy Now Pay Later” platform, announced that it has partnered with Swedish home furnishing retailer, IKEA to provide customers in the UAE with the flexibility to pay in interest-free installments for their online and in-store purchases.
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Visa Study Forecasts Booming E-Commerce Sector Amidst Rising Digital Payments
The UAE e-commerce sector is expected to continue on an upward trajectory due to the digital payments boom during the COVID-19 pandemic, according to a joint study by Dubai Economy and Visa. The “United Arab Emirates (UAE) eCommerce Landscape 2020”
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Amazon Payment Services Kicks off in MENA Region
Amazon has launched its Amazon Payment Services, previously known as PAYFORT, as a payment processing service in the Middle East and North Africa (MENA) region aiming to empower businesses with simple, affordable, and trusted online payment experiences. The newly launched
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UK Startup Ebury First to Receive Financial Services License Under DFSA
Dubai International Financial Centre (DIFC), announced that Ebury, a UK fintech startup offering cross-border financial services and risk management, has been granted a Financial Services license to carry out the regulated activity of providing Money Services from the center. Ebury,
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Emirates NBD’s Mobile Banking App Now Available on Huawei AppGallery
Emirates NBD announced that its mobile banking app is now available on the Huawei AppGallery, providing its customers with added choice and flexibility. The partnership places Emirates NBD’s mobile banking app on what Huawei claims to be the world’s third-largest
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