Visa, a global payments technology company, and CIBC (Canadian Imperial Bank of Commerce) have joined forces to introduce a groundbreaking collaboration, poised to redefine cross-border money transfers for the clients of CIBC and Simplii. Leveraging the cutting-edge capabilities of Visa Direct, this collaboration aims to provide enhanced convenience for sending funds across borders, catering to...
Category: Payments
Beyon Money Makes Strides in Regional Expansion with the Launch of Beyon Money SuperApp in the UAE
Beyon Money, a subsidiary of Beyon Group, is set to introduce the Beyon Money SuperApp in the United Arab Emirates (UAE) through its legal entity, Batelco Financial Services Ltd, regulated by the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM). This move signifies Beyon Money’s commitment to extending its innovative, customer-focused...
Beyon Announces Launch of Digital Financial Solutions for SMEs and Corporates
In a major stride towards bolstering digital financial services, Beyon has officially announced the impending launch of Beyon Money Business. This new vertical is poised to revolutionize the landscape for Small and Medium Enterprises (SMEs) and Corporates by offering bespoke digital financial solutions. The comprehensive suite includes cutting-edge features such as expense management through digital...
Paymob Achieves Historic Milestone as the First Global Fintech to Attain Full Licensing from Central Bank of Oman
In a groundbreaking achievement, Paymob, the leading financial services enabler in the Middle East, North Africa, and Pakistan (MENAP), proudly announces the issuance of the Payment Service Provider (PSP) license by the Central Bank of Oman (CBO). This remarkable development positions Paymob as the inaugural international fintech company to be fully licensed in the Sultanate....
Codego Group Introduces CodegoPay, Redefining Crypto Banking with a Comprehensive Payment Ecosystem
Revolutionizing Banking with Seamless Integration of IBANs, Cards, and Crypto Codego Group, a leading provider of white-label crypto cards, has introduced CodegoPay, an innovative payment solution that caters to the growing demand for crypto-friendly banking services. This all-encompassing platform seamlessly integrates IBANs, cards, and crypto, offering users the convenience of opening personal or corporate European...
Opus Technologies Unveils FinGeniusAI Solutions, Pioneering Collaborative AI Innovation in Banking and Payments
Opus Technologies Breaks New Ground with FinGeniusAI Solutions, Revolutionizing Financial Landscape through Collective Innovation In a groundbreaking move, Opus Technologies introduces FinGeniusAI Solutions, an innovative open innovation platform that seeks to redefine the landscape of banking and payments through the transformative integration of Artificial Intelligence (AI). With a rich legacy of nearly three decades, Opus...
Oman Investment and Finance Company (OIFC) Secures Central Bank License for Digital Payment Services, Unveils Khedmah E-Wallet
OIFC’s Khedmah Gains Approval as a Payment Service Provider, Set to Introduce Innovative E-Wallet for Seamless Digital Transactions in Oman In a significant stride toward fostering digital transformation in Oman’s financial landscape, the Oman Investment and Finance Company (OIFC) has received regulatory approval from the Central Bank of Oman to operate as a Payment Service...
BitGo’s Singapore Subsidiary Secures In-Principle Approval for Major Payment Institution Licence from MAS
BitGo Singapore Pte. Ltd., a Subsidiary of Leading Digital Asset Financial Services Provider, Nears Regulatory Milestone with Approval from the Monetary Authority of Singapore BitGo, the forefront provider of financial services for digital assets, revealed that its Singapore-based subsidiary, BitGo Singapore Pte. Ltd., has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS)...
Global Payments and Commerzbank Join Forces in Groundbreaking Digital Payment Venture
Global Payments Inc. and Commerzbank Unveil Strategic Joint Venture, Launching Commerz Globalpay GmbH to Revolutionize Digital Payments in Germany. n a landmark collaboration, Global Payments Inc. and Commerzbank have announced a transformative joint venture to introduce cutting-edge digital payment solutions for small and medium-sized businesses across Germany. Global Payments, a global leader in payment technology,...
Yellow Card and Coinbase Forge Strategic Partnership to Democratize Digital Assets Across Africa
Yellow Card, the largest licensed Stablecoin on/off ramp in Africa, has partnered with Coinbase, the leading U.S. cryptocurrency exchange, to enhance digital asset accessibility throughout the African continent. Key Advantages for Users: Convenient Payment Methods: Coinbase Wallet users in Africa can now access diverse and cost-effective payment methods, including local bank transfers and mobile money,...