Mylo Receives Approval for Digital Onboarding Services, Revolutionizing Egypt’s Fintech Landscape

Mylo, a fintech company from B.TECH, has received approval from Egypt’s Financial Regulatory Authority (FRA) to offer fully digital onboarding services. This service eliminates the need for in-person KYC verifications, providing instant access to financial services. Mylo is expanding nationwide, with services available in key Egyptian cities.

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Sohar International Launches Fully Digital E-Mandate Direct Debit Solution to Transform Recurring Payments in Oman

Sohar International has launched its fully digital E-Mandate Direct Debit solution, streamlining recurring payments for individuals and businesses. This initiative enhances efficiency, security, and convenience while promoting sustainability by reducing paper usage. The new service reflects the bank’s commitment to financial innovation and aligns with Oman’s digital transformation efforts.

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A modern, dynamic scene representing the partnership between ICAEW and UAE Banks Federation, focusing on navigating the digital assets landscape and C

ICAEW and UAE Banks Federation Collaborate to Navigate Digital Assets and CBDCs

ICAEW and UAE Banks Federation have partnered to guide companies through the UAE’s evolving digital assets landscape, with a focus on Central Bank Digital Currencies (CBDCs). The collaboration emphasizes the UAE’s leadership in financial innovation, the importance of cybersecurity, and the need for standardized accounting practices to ensure secure, compliant digital integration.

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