All articles by Douglas Blakey

Douglas Blakey

MENA region leads global growth in luxury travel reports Mastercard

Affluent travellers in the MENA region are power users of loyalty and membership card programmes with GCC tourists some of the highest spenders, whether vacationing within the region or further afield

US banks are failing to meet the demand for instant payments

63% of corporates demand instant payments, yet less than a third of banks are capable of meeting demand, reports RedCompass Labs

Turkish fintech iyzico acquires Paynet for $87m

Paynet’s B2B payments and collections services to complement iyzico’s existing offerings

ICICI Bank enables NRI customers to use international mobile number to make UPI payments in India

Non-resident Indian customers residing in 10 countries can pay utility bills and merchants in India through iMobile Pay

Visa and JPMorgan Payments agree strategic collaboration

Collaboration aims to revolutionise faster money movement in the US through Visa Direct

YES BANK and EBANX agree strategic partnership to empower cross-border commerce in India

Partnership gives global merchants easier access to India’s 350 million consumers, the second-largest online shopping market in the world

PayNearMe and Kapsch TrafficCom partner to revolutionise tolling payment solutions

PayNearMe’s digital-first platform enables Kapsch TrafficCom’s clients to increase revenue collection by offering motorists a wide range of modern and convenient payment options

Card payments in Taiwan to grow by 14% in 2024, forecasts GlobalData

Card payments are on the rise, driven by a rising banked population, government and bank initiatives and a growing inclination towards electronic transactions

Unlimit and Velmie unite to accelerate European fintech growth

Unlimit BaaS’s suite of payment services will enable Velmie to support the launch and expansion of fintech companies across Europe

UAE card payments market to surpass $200bn in 2028, forecasts GlobalData

The UAE payment card market is growing rapidly boosted by government and financial institutions initiatives to promote digitalisation