Category: news

HSBC Partners With DDS to Digitise Direct Debits in the UAE

HSBC and DDS Partner to Digitise Direct Debits in the UAE HSBC Bank Middle East has partnered with Direct Debit System (DDS) to expand access to the UAE Direct Debit System, giving corporate clients across the country a digital alternative for recurring payment collections and receivables. The collaboration is designed to help businesses move away […]

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Ripple Backs Flutterwave in Series E Round at US$3.2 Billion Valuation

Ripple Invests in Flutterwave’s Series E Round at US$3.2 Billion Valuation Flutterwave has secured a strategic investment from Ripple as part of its Series E funding round, valuing the African payments company at US$3.2 billion. The transaction underscores growing investor interest in cross-border payment infrastructure across Africa, where demand for faster and more cost-efficient settlement […]

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Franklin Templeton Secures Onshore Abu Dhabi License from UAE CMA

Franklin Templeton Secures Onshore Abu Dhabi License from UAE CMA Franklin Templeton has obtained operating licenses from the UAE Capital Market Authority (CMA) for its new entity in Abu Dhabi, giving the global asset manager permission to operate onshore in the capital. The approval marks a further expansion of Franklin Templeton’s footprint in the United […]

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Blackstone-Backed Redpin Secures In-Principle DFSA Approval for UAE Payments

Blackstone-Backed Redpin Secures In-Principle DFSA Approval for UAE Payments Redpin, a global property payments platform backed by Blackstone’s US$170 million investment round, has received in-principle approval from the Dubai Financial Services Authority (DFSA), marking a key step in its expansion into the United Arab Emirates. The approval allows Redpin to move forward with plans to […]

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Kora Joins IATA Network to Transform Airline Settlements Across Africa

Kora Joins IATA Financial Gateway to Streamline Airline Settlements Across Africa Kora, a payment infrastructure platform, has joined the International Air Transport Association’s (IATA) Financial Gateway (IFG), giving airlines access to Africa’s payment ecosystem through a single integration. The move is designed to simplify airline settlement processes and improve payment acceptance across the continent. IATA […]

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Huawei Cloud Deepens Egypt Fintech Push with Local Cloud and AI Strategy

Huawei Cloud Expands Egypt Fintech Strategy with Local Cloud and AI Focus Huawei Cloud is strengthening its position in Egypt’s fintech sector through a strategy centered on locally hosted cloud infrastructure, artificial intelligence, and regulatory compliance. The company outlined its approach at a recent summit focused on secure digital infrastructure and data intelligence, highlighting its […]

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MTN Group Fintech and Ant International to Launch MoMo Super App in Nigeria

MTN Group Fintech and Ant International to Launch MoMo Super App in Nigeria MTN Group Fintech has partnered with Ant International to expand and digitalise its mobile money ecosystem, beginning with a planned rollout in Nigeria next quarter. The collaboration will introduce a super-app platform built around the MTN MoMo wallet, bringing together commerce, lifestyle, […]

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CBUAE Partners With World Bank on Financial Inclusion Initiatives

CBUAE and World Bank Partner on Financial Inclusion Initiatives in the UAE The Central Bank of the UAE (CBUAE) has signed an agreement with the World Bank Group to work together on financial inclusion, financial literacy, and consumer protection initiatives across the country. The partnership is designed to support broader efforts to strengthen access to […]

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HABIBMETRO Adopts BPC SmartVista to Upgrade Card Systems in Pakistan

HABIBMETRO Adopts BPC SmartVista to Modernise Card Systems in Pakistan Habib Metropolitan Bank (HABIBMETRO) has selected BPC’s SmartVista platform to upgrade its card issuing and transaction processing capabilities, as the Pakistani lender continues to expand its digital banking infrastructure. The implementation is part of HABIBMETRO’s broader digital transformation strategy and is designed to create a […]

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Bank of Singapore Names Lim Leong Guan to Lead Dubai Branch

Bank of Singapore appoints Lim Leong Guan to lead Dubai branch Bank of Singapore has named Lim Leong Guan as its new leader for private banking in the Middle East, South Asia and International, in a move that reinforces the lender’s focus on Dubai as a strategic hub for wealth management growth. The appointment takes […]

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