Oman Investment & Finance Co. (Khedmah), a trailblazer in payments and collections services in the Sultanate of Oman, is set to redefine the digital landscape in the country with the introduction of its innovative e-wallet, “Khedmah Pay.” Following approval from the Central Bank of Oman (CBO), Khedmah has seamlessly integrated the platform to offer a...
Zando.co.za, a pioneering force in South Africa’s online fashion sector, proudly announces its collaboration with 1Voucher, a prominent digital voucher provider. This strategic partnership represents a significant milestone in the effort to revolutionize online shopping by offering more inclusive and seamless payment options for customers across South Africa, irrespective of their location or preferred payment...
MID Takseet, a prominent consumer finance company, and Paymob, a leading financial services enabler in the Middle East, North Africa, and Pakistan (MENAP), have announced a strategic partnership aimed at enhancing access to best-in-class consumer finance solutions in Egypt. This collaboration will see MID Takseet’s innovative flexible payment plans and financing services being extended to...
Westpac, one of Australia’s leading banks, has unveiled an innovative security feature, Westpac SaferPay, aimed at significantly reducing customer losses due to scams. This Australian-first innovation utilizes Artificial Intelligence (AI) to identify potential scams and prevent fraudulent payments, providing enhanced protection for customers. Westpac SaferPay operates by alerting customers to potential scams through a series...
Alibaba Cloud, the digital technology and intelligence arm of Alibaba Group, inaugurated the Alibaba Cloud Academy Training Center in the MEA region, marking a significant milestone in empowering customers and partners to enhance their digital proficiency. Situated in Dubai Internet City, a renowned global tech ecosystem under TECOM Group PJSC, the training centre is strategically...
Visa, a prominent figure in the digital payments landscape, has unveiled the addition of three new AI-powered risk and fraud prevention solutions as part of its global value-added services portfolio. These innovative products, integrated into the comprehensive Visa Protect suite, aim to combat fraud in various payment scenarios, including immediate account-to-account and card-not-present (CNP) transactions,...
Commercial Bank and Mastercard have joined forces to sign a sustainability pledge. The signing ceremony, held in Doha, saw the participation of key executives from both organizations, including Joseph Abraham, Group CEO of Commercial Bank, and Dimitrios Dosis, President of Eastern Europe, Middle East and Africa (EEMEA) at Mastercard. The event marked a significant step...
TransferGo, the global fintech empowering a world on the move, has partnered with Tink, a market-leading payment services and data enrichment platform, to add Pay by Bank to its payments offering. TransferGo provides more accessible financial services by making international money transfers simpler, faster and lower cost. It operates in 160 countries and has more...
Alaan, UAE’s fastest-growing corporate card solution, and Visa, a global leader in digital payments, have unveiled a landmark 5-year deal aimed at digitizing expense management processes for businesses in the UAE and KSA. This strategic alliance seeks to harness Visa’s renowned payment network, VisaNet, alongside Alaan’s AI-powered spend management system to provide enhanced financial control...
In a significant move to enhance payment flexibility, Adyen, a global financial technology platform catering to enterprise businesses, has announced its collaboration with PayMe by HSBC in Hong Kong. This partnership designates Adyen as an acquirer of the mobile payment service, enabling Adyen’s merchants to accept PayMe as a payment method during online checkouts for...