Mbanq taps SMEApprove’s AI tech to enhance credit decisioning
UAE-based Mbanq will integrate SMEApprove’s AI technologies to boost the efficiency of its SME credit evaluations, as part of a new deal.
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Tag: digital banking
Amazon, Barclays launch co-branded credit card
The Amazon Barclaycard is the only co-branded personal credit card that Amazon now offers in the UK.
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ClearBank secures Dutch banking licence
ClearBank has secured a Credit Institution Licence from the European Central Bank, marking its expansion into Europe.
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QIB introduces Request to Pay feature on Fawran service
Qatar Islamic Bank (QIB) has launched a Request to Pay feature on its Fawran instant payment service, available through the QIB Mobile App
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Monzo launches bank account for children
Monzo, the UK-based digital bank, has announced the upcoming launch of a new, free bank account tailored specifically for children aged 6 to 15.
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Saudi Central Bank launches Naqd
The Saudi Central Bank (SAMA) has launched “Naqd,” a government banking services platform
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Over 60% of consumers now use international real-time payments, says GlobalData
Cross-border payments are becoming increasingly important to international economies, the latest research has revealed
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Qatar National Bank inks deal to enable UPI payments
Qatar National Bank has inked a deal with NPCI International Payments Limited (NIPL) to facilitate UPI payment acceptance across Qatar.
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European Banking Authority expands ‘travel rule’ to tackle money laundering
The European Banking Authority (EBA) has expanded the so-called ‘travel rule’ to help tackle money laundering and terrorist financing.
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Jorge Carrasco: “Financial institutions can benefit most from this technology”
Jorge Carrasco, Blockchain and Web3 expert at FTI Consulting delves into the evolving digital assets landscape in the Middle East.
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Mashreq launches API-enabled instant payments for corporate clients in UAE
Mashreq is one of the first financial institutions in the UAE to successfully provide API-based real-time payment capability to its corporate and Institutional clients.
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Snappi obtains universal banking licence from the ECB
Greek neobank, Snappi has received a universal banking licence from the European Central Bank (ECB),
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DBS partners with Mashreq to extend same-day cross-border payments
DBS and Mashreq are extending same-day and near-instant peer-to-peer cross-border payments
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Ajman Bank partners with Magnati to boost payment solutions
Ajman Bank will leverage Magnati’s merchant acquiring services to offer secure payment solutions.
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Superbank integrates digital banking services with Grab app
Superbank has become the first bank in Indonesia to offer digital banking service directly within the Grab app.
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Emirates Development Bank and Commercial Bank of Dubai ink trade deal
Emirates Development Bank (EDB) and Commercial Bank of Dubai (CBD) have inked a new deal aimed at enhancing international trade services
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Citi, Emirates NBD launch 24/7 USD cross-border payments in the Middle East
Emirates NBD is the the first bank to use Citi’s clearing service for cross-border USD payments
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Dutch neobank bunq partners with Mastercard to leverage AI in open banking
bunq, the second largest neobank in Europe, has partnered with Mastercard to offer its users a complete overview of their finances.
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HSBC partners with Geidea to launch Omni Collect e-commerce payment solution
HSBC has launched its new e-commerce digital payment platform Omni Collect in the UAE in partnership with leading Saudi-based fintech player, Geidea.
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Iraq’s ZainCash goes live with Temenos core banking and payments
ZainCash has become the latest financial services firm in Iraq to shift from legacy systems with Temenos core banking and payments.
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