Middle East

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...

Digital lending offers GCC Banks effective inroads into the vital SME segment

Sara Hoteit, Regional Manager, Middle East at Backbase, explores how digital lending empowers GCC banks to capture the SME market by offering personalised, efficient financial solutions, driving growth and fostering long-term relationships.  The ...

FinTech provider FlapKap partners with Aramex to provide funding for SMEs

Aramex announced a strategic partnership with FlapKap, MENA’s revenue-based financing platform. The collaboration aims to support new and existing Aramex merchants, small and medium e-commerce businesses, SMEs based in the UAE to obtain, fast and flexible f...

Digital lending offers GCC banks effective inroads into the vital SME segment

Sara Hoteit, Regional Manager for the Middle East at Backbase, explores how digital lending is revolutionising GCC banks’ engagement with the vital SME sector. By embracing digital solutions, banks are not only addressing the unique needs of modern...

HSBC launches global wealth trading platform in the UAE 

HSBC has announced the launch of WorldTrader in the UAE, a digital trading platform providing customers with access to a wide range of investments internationally.  WorldTrader will give HSBC Wealth and Personal Banking (WPB) customers access to up to 80% of global s...

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...

Majid Al Futtaim expands partnership with Checkout.com to revolutionise e-commerce for its more than 15 million monthly online customers across the Middle East  

Majid Al Futtaim, a leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, has announced a new partnership with Checkout.com, a leading global digital payments provider. The agreement will see the 15 million...

Digital lending offers GCC banks effective inroads into the vital SME segment

Sara Hoteit, Regional Manager for the Middle East at Backbase, discusses how digital lending provides GCC banks with effective access to the crucial SME segment. The contribution of SMEs to non-petrochemical GDP in GCC nations varies. In the United Arab...

Magnati and ADNOC Distribution partner to deliver enhanced payment experience

Magnati, a leading payments solutions provider in the Middle East region, has partnered with ADNOC Distribution, one of the UAE’s largest fuel and convenience store retailers, to introduce consumers to the future of retail with an enhanced experience....

Cash versus digital: The challenge for merchants

Visa unveiled the results of an independent study titled Value of Acceptance, which explores merchants’ attitudes towards digital payments and the impact of digital commerce on small businesses and retailers in the UAE. According to the study, more than 70% o...

Ooredoo Group partners with Dropbox to upgrade business collaboration  

Ooredoo Group has entered into a strategic partnership with Dropbox, becoming the first telecommunications company in the EMEA region to offer Dropbox’s full suite of business tools for its customers.     The partnership, which was signed at M...