FAB announces completion of payments business carve out and launches new brand – MAGNATI.
News, Software
Dubai Economy signs new deal to develop emCash
Emcredit, a subsidiary of Dubai Economy, and UK-based Object Tech Group have signed a partnership deal for the development and implementation of emCash.1 3617
Commercial Bank of Kuwait gets mobile payments moving with Thales Digital Solutions
Thales is supplying Commercial Bank of Kuwait (CBK) with its Gemalto Trusted Services Hub (TSH) that offers CBK customers the freedom and convenience of secure contactless payments, on their smartphones.
Ogloba on providing a reliable omnichannel approach
Nikos Issaiadis, Executive Vice President CEMEA at Ogloba, explains how the financial and logistics platform provider hopes to extend their …
Saudi telco deploys ‘region’s largest’ 5G network
Zain Group has announced that it has launched 5G commercial services in Saudi Arabia, with the first phase of the rollout being implemented through a network of 2,000 towers that cover an area of more than 20 cities in the Kingdom.
UAE retailers see increased foot traffic since accepting digital payments
UAE retailers have experienced an in increase in traffic in their store since they started accepting digital payments, according a recent study by Visa.
Digital payments are more secure than cash: UAE consumers
According to the survey, UAE consumers are increasingly comfortable paying and transacting with card with 84 percent of respondents finding cards more secure than cash.
Dubai’s DFSA inks FinTech deal with Singapore authority
The Dubai Financial Services Authority (DFSA) and the Monetary Authority of Singapore (MAS) have recently entered into an agreement that provides a framework for cooperation and referrals between the innovation teams of each authority.
Chinese consumers in UAE can now use Alipay
Network International has partnered with Alipay to provide seamless payment services to Chinese shoppers in the UAE.
New mobile-based payment app launches in Saudi Arabia
Visa has partnered with mada to bring mada Pay, the first mobile payment solution that supports contactless (NFC) transactions in Saudi Arabia.
Apple Pay credit cards are coming soon
Apple is reportedly working with financial giant Goldman Sachs on a credit card that would carry the iPhone maker’s digital wallet logo.