NBK Launches New Fintech Services to Accelerate Kuwait’s Digital Economy and Boost Financial Inclusion

NBK has launched new fintech services — including Virtual IBANs, secure APIs, BIN Sponsorship, and QR Code Cash Withdrawal — to accelerate Kuwait’s digital economy and support financial inclusion. Designed for licensed e-wallet providers, these services give fintechs access to NBK’s secure infrastructure, enabling compliant digital payment solutions and fostering innovation across Kuwait’s evolving fintech sector.

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Egypt rolls out digital ID platform to scale up financial inclusion

Egypt’s Central Bank (CBE) has launched the Haweya digital ID platform—starting with a new website and soon a mobile app—to accelerate financial inclusion and simplify access to public and private services nationwide. The initiative introduces a unified biometric digital identity that will allow Egyptians to verify their identity, open bank accounts, and complete eKYC processes entirely online.

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Mastercard Expands Digital Identity Efforts in Africa and Signs MoU for Payments Ecosystem in Syria

Mastercard extended its digital identity partnership with Smile ID in Africa to scale secure onboarding and fraud prevention, while also signing an MoU with the Central Bank of Syria to develop a national payments ecosystem. These initiatives aim to expand financial inclusion, enhance compliance, and build digital infrastructure in emerging markets.

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Vodafone Oman and Software Group Partner to Advance Digital Financial Services

Vodafone Oman and Software Group have partnered to deliver advanced digital financial services in support of Oman’s Vision 2040. The collaboration will enable mobile wallets, digital lending, and integrated platforms to expand financial inclusion, empower underserved communities, and accelerate the Sultanate’s transition to a sustainable digital economy.

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