All News and Announcements
UAE’s myZoi Launches Financially Inclusive Digital Wallet With “One-To-Many” Transfer Capabilities
The digital wallet promises to reduce remittance fees for underbanked employees in the UAE by enabling transfers to up to five people for the price of one.
Zain Bahrain Launches New Fintech Company, Bede App
Bede is an innovative Shariah-compliant fintech mobile app offering a seamless and convenient consumer microfinance service in just a few taps.
Network International to Drive Financial Inclusion and Make Digital Payments More Accessible in Egypt
Newly launched direct-to-merchant acquiring service in Egypt aims to boost digital payment acceptance in the region.
OPay, Mastercard Tie-Up Drives Financial Inclusion in Middle East, Africa
OPay and Mastercard are collaborating to drive financial inclusion across the Middle East and Africa by partnering to open up digital commerce in the region
Egypt Eyes Surge in Fintech Investment After New Laws
New legislation and regulatory changes in Egypt are set to unleash a surge in new fintech investments and change the way the country’s largely unbanked citizens do business, industry players say.
World Bank Approves $450 Million Loan to Help Morocco Improve Access to Financial Services
The financing is part of a program that supports policy measures to enable the rollout of the country’s social protection program, including the creation of digital IDs and cashless payments as part of cash transfer programs.
YCASH Enrolls in New Partnerships with Humanitarian Agencies and Deploys Humanitarian Transfers Platform and a National Digital Wallet
The Humanitarian Transfers Platform enables humanitarian agencies to execute transfers directly to their interventions beneficiaries without a third party.
Mastercard Partners with Central Bank of Iraq to Advance Digital Payments
The aim of the partnership is to boost financial inclusion, encourage socio-economic development, mitigate the risks of a shadow economy and accelerate the growth of a cashless society.
First International Bank Launches a New Digital Wallet Service: FibiPay
The digital wallet allows the Bank's customers to make payments directly from their mobile phone when making a purchase without the need to present a credit card.
Iran Central Bank to Launch Contactless Payment Using Mobile Phones
The bank would soon unveil payment systems that solely use mobile phones and eliminate the need to use cards for day-to-day purchases in shops