In a landmark collaboration aimed at championing the success of women-owned small businesses, global payments technology leader Visa has announced its partnership with Absa for the 2024 She’s Next programme. She’s Next is a global advocacy initiative dedicated to supporting women entrepreneurs through funding, training, and mentorship, transcending traditional business paradigms to foster meaningful societal...
Direct Debit System, the UAE’s premier paperless direct debit marketplace, has joined forces with Keyper, a leading technology-driven property management platform backed by venture capital, to introduce the first-ever digital rental payments platform accessible to all tenants and landlords across the UAE. This collaboration marks a significant milestone in the region’s real estate landscape, offering...
In a significant move for the remittance industry, TerraPay, a leading global cross-border payments network, has joined forces with Alfardan Exchange, a prominent player in the Qatari financial sector. This strategic partnership aims to leverage the strengths of both companies and usher in a new era of efficient and accessible cross-border remittance solutions. TerraPay is...
In a strategic move towards pioneering innovation, du, a subsidiary of Emirates Integrated Telecommunications Company (EITC), has announced a groundbreaking collaboration with Microsoft to lead a digital revolution in the UAE’s AI-driven era. This transformative partnership signifies du’s adoption of Generative AI technology across its operations, aiming to amplify employee productivity and redefine the customer...
In a groundbreaking move towards advancing the digital payments landscape in Egypt, Visa, a global leader in digital payments, has inked a Memorandum of Understanding (MoU) with Egyptian Banks Co. for Technological Advancements (EBC). This pivotal collaboration, conducted in coordination with the Central Bank of Egypt (CBE), aims to reshape the horizon of instant payments...
Awash Bank S.C., the first and the leading private financial institution in Ethiopia, has partnered with Mastercard, a leading global technology company in the payments industry, to introduce the Awash pre-paid cards. The Mastercard-branded international prepaid plastic card was launched during a press conference at Awash Bank’s Headquarters. This collaboration marks a significant milestone in...
UnionPay International (“UPI”) and Spring Airlines have announced a strategic collaboration, enabling the official Spring Airlines website to accept UnionPay cards for tourists and business travelers from Southeast Asia, Japan, South Korea, and Hong Kong, SAR. This development comes just in time for the upcoming Spring Festival travel rush, ensuring that every passenger can enjoy...
CoorB, a company specializing in information technology and digital financial services, has announced its official entry into three significant markets in the Middle East and Africa: the Kingdom of Saudi Arabia, the Arab Republic of Egypt, and the United Arab Emirates. With a commitment to overcoming legacy system limitations and modernizing financial institutions’ infrastructure, CoorB...
Finshape, a leading fintech solutions provider, has announced a strategic collaboration with Arab National Bank (anb), a major bank and innovation pioneer in Saudi Arabia. The partnership aims to deliver customized banking experiences tailored to the unique needs of their customers. Utilizing its advanced technology personalization and data analytics platform, Finshape will enhance anb’s banking...
Coca-Cola has unveiled five new autonomous forklifts (AGVs) at its regional beverage concentrate plant in Singapore through a partnership with XSQUARE Technologies. This initiative aligns with Coca-Cola’s digital transformation strategy, aiming to incorporate Industrial 4.0 capabilities into its plant for enhanced supply chain resilience and increased capacity. XSQUARE’s Springer AGVs have been seamlessly integrated into...