PYMNTS

FEBRUARY 14, 2020

The founder of Moven, Brett King, said the new venture would be a “world-class” bank, and that it would set its sights on the Gulf Cooperation Council (GCC) region. The company also recently teamed up with Almoayed Technologies, based in Bahrain, to promote expansion into Africa and more of the Middle East.

Regional 222

Regional Google Financial Technology Capital 222

PYMNTS

SEPTEMBER 30, 2020

Retailers across Europe, the Middle East and Africa will be able to post ads for free on Google’s Shopping tab starting in mid-October. 30), the tech and search engine giant said it is expanding its free ad initiative to other regions around the world after a successful debut in the United States earlier this year.

Google 197

Google Retail United States Regional 197

PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. Regulators the world over are beginning to take a closer look at the alternative and marketplace lending business model.

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

APRIL 1, 2019

In March, Mastercard announced that it was taking a big stake in Network International , a payments company servicing the Middle East. Under the deal, Mastercard and Network International will also create a strategic partnership to drive adoption of digital payments in the Middle East and Africa.

New York 152

New York Retail Online Payments 152

PYMNTS

DECEMBER 13, 2018

According to a report in Reuters , citing UAE Exchange’s group CEO Promoth Manghat, who is also executive director and chief executive at Finablr, with Asia among the biggest recipients of remittances sent around the world in 2017 and with a lot of it coming from workers in the Middle East, UAE Exchange and Ripple want a piece of that action.

blockchain 189

blockchain Technology National Groups 189

PYMNTS

JUNE 30, 2020

The agreement is expected to accelerate cashless payments and digital banking across the Middle East and North Africa, the companies announced. A Visa survey revealed consumers in the Middle East, including Pakistan, prefer digital payments over cash because it’s secure, fast, convenient and widely accepted.

Payments 207

Payments Security Regional Digital Banking 207

PYMNTS

SEPTEMBER 17, 2020

The offer will be available for any school around the world offering Flywire as a payment method for international tuition through the 2020 fall term for students from the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Kenya and Ghana, the release stated.

Payments 315

Payments Guidelines Security Cards 315

PYMNTS

OCTOBER 29, 2020

percent by 2021, according to a statement from the World Bank Thursday (Oct. The World Bank will continue working with partners and countries to keep the remittance lifeline flowing, and to help sustain human capital development.”. Last year, migrants sent $548 billion in remittances, a record high, the statement noted.

Compliance 229

Compliance Tools Capital Groups 229

PYMNTS

JULY 29, 2020

PayU, which provides a digital payment platform for merchants and other retailers around the world, plans to roll out Feedzai’s transaction monitoring system in its Latin America markets, including Brazil, Mexico, Colombia, Argentina, Chile, Peru and Panama.

Payments 131

Payments America Customer Experience Analytics 131

PYMNTS

JULY 31, 2019

According to reports in TahawulTech, the initiative marks Mastercard’s first national-scale blockchain project in the Middle East. Blockchain has the potential to transform the way payments are made,” said Mastercard Division President, Middle East and North Africa, Khalid Elgibali in a statement. “As

blockchain 190

blockchain Regional National Payments 190

PYMNTS

OCTOBER 14, 2020

Nordics, DACH (Austria, Germany and Switzerland), and Middle East areas of the world, according to a press release. On the Salesforce platform, Rootstock works to offer sales order processing, supply chain, production, inventory, logistics and financials, bridging a gap in the world of ERP solutions, the release stated.

Marketing 231

Marketing Analysis Resources Management 231

PYMNTS

JUNE 26, 2020

“We’re excited about how this partnership builds upon our strong momentum in the Middle East market and further accelerates digital growth as we expand our customer-centric capabilities to the third-largest outbound remittance country in the world,” he said, according to the release.

Mobile 168

Mobile Regional Compliance Regulation 168

Bank Innovation

MARCH 15, 2016

Emirates NBD, one of the Middle East’s largest banking groups, is hosting a hackathon in partnership with Berlin-based Open Bank Project in London, the reported fintech capital of the world, April 15 to 17. The deadline for early applications is today.

Fintech 150

Fintech Capital Groups Report 150

PYMNTS

JULY 23, 2019

In its first international foray, Luckin Coffee reportedly plans to open coffee shops in India and the Middle East. Luckin Coffee Founder and CEO Jenny Qian Zhiya said in a statement, according to reports, “This collaboration represents Luckin Coffee’s first step toward bringing its leading products from China to the world.”

social media 101

social media Strategy Groups Report 101

PYMNTS

OCTOBER 5, 2020

Business 20 (B20), a group of top CEOs from around the world, is meeting in advance of the G-20 summit , slated to be held next month in Saudi Arabia. The group warned that the leaders of the world’s top economies will need to take meaningful action at the summit.

Groups 141

Groups Meeting Fintech Operations 141

PYMNTS

MAY 22, 2020

The need for world-class eCommerce services has never been greater,” said Mohammed al Zarooni, director general of DAFZA, as per a CNN report on Friday (May 22). DCC is the first eCommerce free zone to foster retail growth in the Middle East and North Africa (MENA) region.

Regional 266

Regional Taxes Groups Technology 266

PYMNTS

SEPTEMBER 28, 2020

One area where the pandemic may significantly impact emerging data protection and open banking rules is the Middle East and North African region (MENA). Around The Data Protection World. Why Pandemic-Driven Online Payment Spikes Are Pushing Middle Eastern Regulators To Confront Privacy Questions.

Online 151

Online Report Payments Regulation 151

PYMNTS

NOVEMBER 12, 2018

The World Economic Forum (WEF) revealed that cybersecurity, changing energy prices and the ability for countries to provide proper governance were among the largest threats businesses faced this year. Meanwhile, in Eurasia, the Middle East and North Africa, the biggest risk to businesses were changes in energy prices.

Regional 143

Regional America National Groups 143

PYMNTS

JANUARY 10, 2020

There has been investment interest from countries all over the world, including China, the Middle East and the U.S. “We It will be located in Borneo’s East Kalimantan province between Samarinda City and the port city of Balikpapan. The transportation system will consist only of electric vehicles.

Capital 134

Capital Resources System Report 134

PYMNTS

SEPTEMBER 16, 2020

Payfort , an Amazon company set up in 2013 to help with payments throughout the Arab world, will be offering the new option through its online payment gateway, according to the report. Payfort managing director Omar Soudodi said the offering would help to bolster financial choice.

Payments 207

Payments social media Regional Report 207

PYMNTS

JANUARY 8, 2019

Middle Eastern broadcaster MBC is expanding its video streaming service to take on Netflix in the region. Launched in 1991, MBC has 140 million satellite and online viewers in the Middle East. Launched in 1991, MBC has 140 million satellite and online viewers in the Middle East. million users.

Video 116

Video Regional Online Company 116

PYMNTS

FEBRUARY 24, 2020

Network is the leading enabler of commerce that’s digitally based, through the Middle East and Africa. WeChat Pay is a payment service that comes with WeChat, one of the most popular messaging services in the world, and mainly used in China. The app has more than 1 billion users around the world.

Payments 173

Payments Mobile Maine Retail 173

PYMNTS

MARCH 29, 2017

While the financial details have yet to be disclosed, Reuters said Goldman Sachs, which oversaw and advised the deal, called Amazon’s acquisition of Souq.com the “the biggest-ever technology M&A transaction in the Arab world.”. Amazon had been in on-again, off-again talks with the company since November of last year.

Security 100

Security Retail Regional Online 100

PYMNTS

JANUARY 13, 2021

Early last year Rapyd acquired European card acquirer Korta in early 2020 and is also looking into acquisitions in the Americas, Asia-Pacific and Europe, the Middle East and Africa. . Rapyd's API, he added, removes that issue, and “is currently powering what we think are many of the world's most exciting companies.”.

Fintech 178

Fintech Capital America Online 178

PYMNTS

DECEMBER 2, 2020

The relationship will scale and grow P97’s PetroZone® cloud-based mobile commerce system internationally, with initial implementations in North America, the Middle East and the Asia Pacific anticipated over the 12 months to come. "We

Payments 205

Payments Risk Management Fraud Mobile 205

PYMNTS

MARCH 12, 2020

At Mastercard, we see a connected world where opportunity and prosperity are possible for everyone, everywhere,” said Jorn Lambert, executive vice president of digital solutions for Mastercard. Mastercard Labs created the platform, which will be rolled out to the Samsung Knox team in the Middle East and Africa early this year.

Samsung 180

Samsung Innovation America Security 180

PYMNTS

JANUARY 24, 2020

It’s operational in the Middle East, Southeast Asia and India. The middle class in South Asia is growing, and increasingly seeks more “buy now pay later” (BNPL) options. The company processes about $30 billion a year and works with 140,000 merchants through 450,000 network points.

Payments 152

Payments Innovation Study Meeting 152

PYMNTS

OCTOBER 27, 2020

But for now, the trend is still leaning toward growth, with technological development underscoring the strength of the pull of the digital age on the business world.

Fintech 175

Fintech Groups Innovation Operations 175

PYMNTS

OCTOBER 1, 2020

In today’s top payments news around the world, the United Kingdom may clamp down on late payments to suppliers, while South Korean FinTech Kakao Pay is reportedly gearing up for an initial public offering (IPO). Plus, SWIFT rolled out a services for low-value international payments. UK Cracks Down On Late Payments To Suppliers.

Payments 130

Payments Fintech Google Financial Technology 130

PYMNTS

OCTOBER 21, 2020

In today’s top payments news around the world, Visa is expanding its touch-free Tap To Phone (TTP) systems, while the hotel industry in China is registering year-over-year revenue growth. TTP is now running in multiple countries in the Middle East, Europe, Asia, Africa and Latin America. sometime in 2021.

Payments 138

Payments Apple America System 138

PYMNTS

OCTOBER 3, 2019

The System for the Transfer of Financial Messages (SPFS), according to the publication, “was launched in December 2017 as a response to fears that Russia could be cut off from SWIFT, the system that allows for bank-to-bank transfers around the world.”.

blockchain 191

blockchain System Payments Regional 191

PYMNTS

MAY 13, 2019

Around the world, tapping is becoming a dominant payment factor quickly — excluding the U.S., And in Canada, Central Europe, the Middle East and Africa that figure is closer to 60 percent. Much like other markets around the world, consumers have quickly embraced the speed and convenience of tapping to pay,” Sanford wrote.

US 216

US New York City Comparison New York 216

Chris Skinner

MARCH 31, 2017

I took part in a webinar the other day, focused upon the developments in digital banking in the Middle East. It’s a vibrant world that changes almost every day. Having visited Abu Dhabi, Bahrain, Dubai and Qatar recently, I can claim to know a little. For example, the Dubai Canal has appeared recently.

Regional 150

Regional Digital Banking America Meeting 150

PYMNTS

DECEMBER 12, 2018

The number of merchants accepting card payments around the world grew by 13 percent in 2017, to 69.2 The Middle East and Africa are expected to make some gains, and the company pointed out that tourism also plays a factor. million, according to a report.

Cards 178

Cards Payments Regulation Regional 178

PYMNTS

OCTOBER 19, 2020

As the world has moved toward more digital means of shopping, the process of verifying identities has become more important to customers, a recent PYMNTS survey found. alongside a former managing director of Citigroup and strategic partners in Europe, the Middle East and APAC, the report states.

Survey 161

Survey Management Report Groups 161

PYMNTS

JULY 6, 2020

Bellenhaus was in charge of Wirecard’s CardSystems Middle East and ran that division primarily from his apartment in Dubai’s Burj Khalifa, the world’s tallest building, FT reported. CardSystems was the largest individual unit under Wirecard, bringing in around a quarter of its revenue worldwide.

Fraud 213

Fraud Report Regulation Company 213

PYMNTS

MAY 29, 2020

Following a pilot program in Australia, Africa, Europe and the Middle East, this new feature is aimed at helping Americans with essential trips during the COVID-19 pandemic, the San Francisco-based company said. Starting next month, ridesharing users in a dozen cities can opt in for a $50 an hour ride, Uber Technologies Inc.

San Francisco 208

San Francisco Tampa US Phoenix 208