Kuwait
Google Pay Starts in Kuwait
Mastercard has collaborated with Google to launch Google Pay in Kuwait, strengthening digital payment capabilities in the country. Cardholders can tap to pay with their Android phones or supported Wear OS devices in stores where contactless is in operation. They
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Temenos Partners With NdcTech to Expand Its Market Reach in the Gulf Region
Banking software company Temenos announced that it will be granting license rights to NdcTech, a wholly owned subsidiary of Systems Limited and one of its largest regional system integrators partners. This will allow NdcTech to further develop and market the
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Mastercard Brings Apple Pay to Kuwait
Mastercard brings Apple Pay to its cardholders in Kuwait Customers simply hold their iPhone or Apple Watch near a payment terminal to make a contactless payment. Every Apple Pay purchase is secure because it is authenticated with Face ID, Touch
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Spare Launches Open Banking Payment Options in Bahrain With EazyPay
Kuwaiti open banking platform Spare has partnered with Bahraini payment services provider EazyPay to enable Spare merchants in Bahrain to accept open banking payments. Customers of Spare’s merchants in Bahrain will be able to make payments directly from their bank
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Report Details 11 Fintech Regulatory Sandboxes in MENA in 2022
The MENA Fintech Association’s (MFTA) Open Finance Working Group has published a new report on the rise of open banking and embedded finance in the Middle East and North Africa. The report found that regulators in the region have been
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Gulf Bank of Kuwait and Mastercard Enable Online Checkouts With Click to Pay
The Gulf Bank of Kuwait (GBK) and Mastercard have partnered to enable local merchants to utilise Click to Pay, a payment method that allows online shoppers to checkout without entering their card information and password. The new embedded checkout experience,
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Kuwait to Test an Open Banking Product Within the Fintech Regulatory Sandbox
Keen to enable the new FinTech and support the Open Banking to help bring about innovative business models in the field of financial services, the Central Bank of Kuwait (CBK) has given the green light to test a first-of-its kind
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Watch Out for These 7 Homegrown Robo-Advisory Platforms in the Middle East
Robo-advisory platforms in the Middle East are quickly taking off, with a number of local players having recently joined the onrush. Robo-advisory platforms provide users with financial advice and portfolio management solutions through algorithms. These algorithms churn user data and
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National Bank of Kuwait Rolls Out Kuwait’s First Digital Bank Weyay
The National Bank of Kuwait has launched Weyay, Kuwait’s first fully digital bank for youth, according to a statement. The app is currently in beta testing and has been launched at the pre-registration stage. It will be opened on an invite-basis
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These Are the Most Popular Islamic Banks in the MENA Region
According to a new report by Carma, Kuwait Finance House (KFH) is the most popular MENA-based Islamic bank by media presence. The report outlined the top Islamic banks in the MENA region by media visibility and favourability. The report studied
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