Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
stc Bahrain launches Samsung Pay—the first telecom in the Kingdom to offer secure, contactless payments via My stc BH App—boosting customer convenience with advanced security and digital innovation.
Visa and BLOM BANK launch the CEMEA region’s first Digital Onboarding solution, streamlining account opening via the eBLOM app in Lebanon. Powered by Visa Consulting & Analytics, it enhances user experience and supports digital banking transformation.
United Arab Bank teams with fintech Lune to launch AI-powered transaction enrichment and personalized financial insights in mobile banking. The partnership advances UAB’s digital-first strategy, enhancing customer engagement and operational efficiency with UAE fintech innovation.
Mastercard and Jordan Islamic Bank have partnered to expand Shari’ah-compliant digital payment solutions in Jordan. The collaboration will enhance JIB’s card offerings with Mastercard’s advanced payment technologies, focusing on secure, accessible, and value-driven services that align with Islamic banking principles.
Bangladesh leads mobile money growth globally with significant increases in digital loans, savings, and insurance via bKash, boosting financial inclusion and digital finance adoption.
Mastercard and Jordan Islamic Bank collaborate to enhance Shari’ah-compliant digital payments, promoting financial inclusion and personalized, secure banking solutions in Jordan.
Flend closes $3 million seed round to expand digital SME lending in Egypt, aiming to close the $50 billion financing gap with embedded finance across key sectors.
Morocco is advancing CBDC exploration to enhance payment systems domestically and across borders, amid ongoing cryptocurrency restrictions. Collaboration with global institutions supports regulatory and technical evaluation.
Mastercard and Dinarak collaborate to boost digital payments in Jordan through prepaid card solutions, aiming to improve financial access for unbanked populations and address the gender gap in financial inclusion.
This partnership advances Bahrain’s digital banking capabilities, aligning with national economic goals by integrating innovative IT solutions to enhance resilience and customer service.