Mashreq Bank launches new unit to bolster payment capabilities
UAE-based Mashreq Bank has carved out a new wholly-owned subsidiary from its existing payments business to bolster its position in the digital…
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Nigerian fintech OPay eyes expansion in North Africa and UAE
Nigerian fintech OPay has announced plans to expand its footprint to more countries across the Middle East and North Africa…
Network International, Amazon Payment Services to enhance digital payment for UAE merchants
Network International has announced a collaboration with Amazon Payment Services to enhance digital payment solutions to UAE merchants. The two…
UAE selects Accenture-led consortium for National Payment Systems
The Central Bank of the UAE (CBUAE) has selected Accenture to lead the consortium of firms to execute its National Payment Systems…
Nuvei launches local acquiring services in UAE, North Africa
Payment technology firm Nuvei has expanded its acquiring services to the UAE and North Africa to cater to merchants in…
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NIPL signs MoU with Network International for UPI acceptance in UAE
National Payment Corporation of India’s (NPCI) international arm NPCI International Payments (NIPL) has signed a Memorandum of Understanding (MoU) with…
GCC Exchange taps Paykii to enable bill payments service globally
UAE-based foreign exchange and remittance company GCC Exchange has formed a strategic alliance with Paykii to enable domestic, cross-border bill…
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First Abu Dhabi Bank to sell stake in payments unit Magnati
UAE-based First Abu Dhabi Bank (FAB) has reportedly initiated the sale of a stake in its payments unit Magnati, which…
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