The UAE’s new Jaywan payment platform, backed by Al Etihad Payments, is set for a full rollout in Q4-2024, offering lower-cost debit and prepaid card options. Supported by banks, e& UAE, and du, Jaywan aims to provide significant savings and tailored rewards for UAE consumers, enhancing both online and in-store payment experiences.
Mercy Corps and Queen for Change launched the Tahammul digital platform in Jordan to address climate change. The platform aims to improve cooperation, resource allocation, and transparency in climate action. Key dialogues at the launch focused on securing climate financing and building resilience through policies, technology, and protecting vulnerable groups.
Fonepay, Nepal’s largest interoperable payment network, has launched its first virtual credit card in collaboration with Compass Plus Technologies. The digital credit card is available through mobile banking apps and accepted at over 1.5 million merchants. It aims to enhance the country’s digital payment infrastructure and financial inclusion.
Orange Morocco has partnered with Microsoft to enhance its cloud-managed services for B2B customers. This collaboration offers access to Microsoft Azure, providing capabilities such as Artificial Intelligence, data analysis, storage solutions, and cybersecurity, designed to support businesses in their digital transformation and boost operational efficiency.
Gulf Bank has introduced the “WAMD” service, allowing customers to transfer money quickly and securely using a phone number via the bank’s mobile app. This new feature, implemented by KNET under the Central Bank of Kuwait’s supervision, enhances Gulf Bank’s digital services, making banking more convenient and accessible for its customers.
Vertiv introduces Environet Connect, a cloud-connected, web-based solution for managing diverse digital infrastructures, enhancing equipment health, efficiency, and monitoring across multiple locations.
Mastercard has partnered with eNovate, a subsidiary of eFinance Investment Group, to introduce a Card-as-a-Service (CaaS) solution to Egypt. This collaboration provides banks, fintechs, and non-financial institutions with an efficient platform for launching digital payment products, supporting Egypt’s digital transformation and Vision 2030 goals.
Worldline and Telr have partnered to launch an e-commerce payment solution tailored for the UAE market, simplifying online payments and offering global businesses optimized transactions. Meanwhile, MoneyGram and Comera Pay have teamed up to enable seamless cross-border remittances via the Comera app, boosting the UAE’s fintech ecosystem.
eTrade for Women is hosting its inaugural South Asia masterclass in New Delhi, empowering 25 female digital entrepreneurs from six countries. The event will tackle key challenges like access to capital and gender bias, offering insights, networking, and policy dialogue to support the growth of women-led digital businesses.
Ooredoo Qatar has partnered with Microsoft to enhance workforce productivity and customer engagement through advanced AI-driven solutions. The collaboration aims to streamline operations and improve service delivery, positioning Ooredoo as a leader in digital transformation within the telecommunications sector.
