MasterCard and Arab African International Bank sign a long-term cooperation strategy

This collaboration comes as a step in achieving the bank’s digital transformation strategy and focuses on providing modern digital services for safe and easy payment solutions that suit customers’ needs and evolve their lifestyles. Cairo, Egypt- The Arab African International Bank has announced the signing of a long-term strategic cooperation agreement with MasterCard, and this … Read more

“Value” signs an agreement with “Makadi Heights” to introduce easy installment plan programs to finance interior decoration, furniture and maintenance works

This partnership will provide Makadi Heights customers with a range of easy financing solutions to cover the cost of home renovation, maintenance and furniture. Cairo: Valeo, the leading Buy Now, Pay Later (BNPL) platform to enhance the advanced lifestyle in the Middle East and North Africa, today announced the signing of a partnership agreement with … Read more

Arab Financial Services Company moves data center operations in the UAE to Equinix Dubai International Business Exchange

Manama, Kingdom of Bahrain: Arab Financial Services (AFS), the trusted and leading provider of digital payment solutions and enabler of Fintech in the Middle East and Africa region, has announced the move of data center operations in the United Arab Emirates to the Equinix Dubai International Business Exchange (IBX). announced. facilities in Dubai, known as … Read more

VALEO acquires Paynas for financial services technology to expand its financial services and lifestyle solutions

– This transaction comes within the framework of the company’s strategy to expand its operations and develop its technology activities, in addition to taking maximum advantage of PayNas’ growing customer base of small, medium and micro enterprises (MSME). The acquisition will contribute to the consolidation of Valeo’s position as the leading platform for financial services … Read more

BIMS Fintech Fund wants to expand in the Middle East

The first of its kind in India to develop FinTech based capital The BIMS FinTech Fund was launched by Venture Catalyst, India’s largest integrated business incubator. BIMS portfolios prepare to work with banks and financial technology companies in the Middle East Dubai; The United Arab Emirates- Beams Fintech Fund (Beams), India’s first fund dedicated to … Read more

Amazon Payment Services moderates a discussion on the future of digital currencies at FinTech Week 2022 at the Dubai International Financial Center

During the event, Amazon Payment Services experts presented an “Innovative Marketing Ideas Contest”, which allowed entrepreneurs in the region to market their innovative ideas to businesses. Companies that chose to engage with Amazon Payment Services during the two-day event received exclusive access to the DIFC FinTech Week offer without any transaction fees and their own … Read more

Value, the leading Buy Now, Pay Later (BNPL) platform to improve the sophisticated lifestyle, has reached an agreement to sell a minority stake to members of the Al Hokair family.

This deal comes on the heels of the announcement of Valeo’s entry into the Saudi market This agreement contributes to the strengthening of the cooperation frameworks between the two parties and thus to the development of the operational activities of both of them. Valeo, the biggest buy now, pays platform later (BNPL) in Egypt up … Read more

Mashreq is the first bank to offer full digital registration for IPOs via a mobile application

Mashreq customers will be able to register digitally and open a trading account with “Mashreq Securities” through the bank’s mobile banking application to participate in the upcoming IPO of TECOM on the Dubai Financial Market The new service will contribute to enhancing Mashreq’s commitment to innovation and to providing a seamless digital banking experience that … Read more

A global study has shown that financial services institutions are in the early stages of adopting “multi-cloud”

Research shows that the ideal IT model is ‘Hybrid Multiple Computing’, but the financial services industry is slowly showing up to adopt it. Dubai United Arab Emirates: Nutanix Corporation (NASDAQ: NTNX), a leader in multi-hybrid computing, announced research findings related to financial sector services in its Global Enterprise Cloud Index (ECI) 2022 report, which measures … Read more