Middle East

Paymentology announces strategic partnership with Zand Bank to accelerate FinTech growth

Paymentology, a leading global issuer processor, has signed a referral partnership with Zand Bank, a fully licensed, all-digital bank in the UAE. This collaboration focuses on expanding financial services for FinTechs and start-ups, aiming to...

AI, digital wallets and biometrics can unlock the future of payments

As Mastercard continues to shape the future of payments, Amnah Ajmal, Executive Vice President of Market Development, Eastern Europe, Middle East and Africa at Mastercard, a key figure in the FinTech industry, shares her insights on the company’s...

The Middle East is the fastest growing real-time payments market globally for the second consecutive year, finds ACI Worldwide Report

For the second consecutive year, the Middle East is the fastest-growing real-time payments market globally, according to the 2024 Prime Time for Real-Time report, published by ACI Worldwide, a global leader in mission-critical, real-time payments software,...

Bybit to serve as DMCC Ecosystem and Advisory Partner, providing strategic guidance

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the extension of its strategic partnership with Dubai Multi Commodities Centre, DMCC. After a year of successful collaboration, Bybit announcment includes its new role f...

Crypto.com receives payment service provider licence from Central Bank of Bahrain 

Crypto.com has received full approval to provide payment service provider (PSP) services from the Central Bank of Bahrain through its subsidiary registered in the Kingdom of Bahrain under the commercial name “FORIS GFS BH B.S.C. CLOSED”, adding to the com...

Kuwait’s Boubyan Bank selects Temenos to modernise retail, corporate and private banking platform

Temenos has announced that Boubyan Bank, the second largest Islamic bank in Kuwait, has selected Temenos to modernise its core banking systems. The bank is migrating to Temenos’ core banking platform for Retail, Corporate Banking and Wealth Management to e...

CoinMENA partners with Bitpanda to enhance trading efficiency and expand crypto offerings

CoinMENA, a crypto asset platform licensed by the Central Bank of Bahrain and sister company CoinMENA, licensed by the Dubai Virtual Asset Regulatory Authority, VARA, announced a strategic partnership with Bitpanda Technology Solutions, the digital assets...

Five things banks should know about their evolving customer preferences to stay competitive in 2024

Recently, FinTech in the Middle East and North Africa has experienced notable changes due to advancements in technology and shifts in consumer habits. Making it more important than ever for banks in the region to grasp and meet the evolving preferences of...

Dubai AI Campus and Google Cloud announce collaboration to support startup ecosystem

Dubai AI Campus, the largest dedicated cluster of AI companies in the region at the DIFC Innovation Hub, home to the first and largest financial technology accelerator in the Middle East, and Google Cloud have announced a collaboration agreement aimed at...

Driving growth in Saudi Arabia’s digital payment landscape

Network International is making bold strides into Saudi Arabia, driven by ambitious goals and a vision for the future. In an exclusive insight, Al-Dahmash, Managing Director for KSA at Network International, reveals the company’s dynamic strategy, unique m...

The critical role of payment performance in maximising ecommerce success

The MENA region is undergoing remarkable digital growth. According to Checkout.com’s 4th annual ecommerce report, The State of Digital Commerce in MENA 2024, the company witnessed a 658% surge in total payments processing volume (TPV) in the region between 2...

What can we learn from the FinTech landscape in the Middle East?

In this month’s Editor’s Question, Intelligent FinTech asks “What can we learn from the FinTech landscape in the Middle East?” Rami Chedid, Chief Executive Officer of MultiPass for the UAE and the Middle East  Over the past...