Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Network International has enabled Apple Pay tokenisation for four Egyptian banks under the Central Bank of Egypt’s latest licensing wave, strengthening the country’s mobile payments ecosystem.
The UAE Central Bank has approved AEC Wallet to enable AE Coin top-ups via cryptocurrency settlement, integrating regulated stablecoin payments into mainstream retail transactions and advancing the nation’s digital payments infrastructure.
Mashreq has launched Visa Commercial Pay on Mobile in the UAE, enabling businesses to issue virtual cards and manage payments through a mobile platform. The solution supports real-time transactions, enhanced spend control, and digital payment transformation for corporate and SME customers.
Visa has created a new sub-region covering Egypt, Libya, and Sudan to accelerate digital payments adoption and strengthen regional coordination. The move supports financial inclusion, digital commerce expansion, and closer collaboration with governments and financial institutions across North Africa.
HyperPay has secured National Payment Gateway certification from Saudi Arabia’s central bank, enabling compliant integration with national payment infrastructure and supporting the expansion of secure digital payments and e-commerce under Vision 2030 initiatives.
Jordan Kuwait Bank has partnered with BPC to modernise its digital banking and payments infrastructure, introducing a unified platform designed to improve customer experience, support SMEs and merchants, and accelerate the rollout of new digital financial services.
Mastercard and the UAE Cyber Security Council have signed an MoU to strengthen national cybersecurity resilience through policy collaboration, threat intelligence sharing, and AI-driven fraud prevention amid rising cyber risks globally.
SkipCash raised $4 million in Series A funding to expand its Tap-to-Phone POS solution, enhance infrastructure, and enter GCC markets. Serving 6,000 clients, the Qatari fintech processed over QR1 billion in 2025 and aims to simplify digital payments for merchants and consumers.
ADCB Egypt has modernised its payments infrastructure by going live with the Temenos Payments Hub, enabling ISO 20022-compliant SWIFT transactions. The move reduces manual processing, accelerates settlements, and strengthens scalability, aligning the bank with global standards while supporting Egypt’s Vision 2030 digital and financial inclusion goals.
EdfaPay has launched Smart SoftPOS in Saudi Arabia following SAMA approval, enabling merchants to accept contactless payments on Android devices without hardware terminals. The unified, API-driven platform supports banks, fintechs, and enterprises with white-label solutions, accelerating cashless adoption and modernising the Kingdom’s payments ecosystem.