News

Visa and PopID form partnership to launch facial verification payments in the Middle East

Plans for roll-out in the MENA and CEE regions are underway through a joint venture with global investment conglomerate Dubai Holding.

Investment

J.P. Morgan to acquire a stake in Greek fintech Viva

Strategic investment sets the stage for expanded future omnichannel merchant acquiring capabilities for European SMBs, value-added services and payments innovation.

Payment

Apple to let iPhones to accept NFC payments with tap-to-pay

Square and POS machines are in big trouble?

Payment

Saudi Arabia achieves highest adoption of contactless payments

SAMA announced the Kingdom of Saudi Arabia witnessed the highest adoption of contactless payments through Near-Field Communication (NFC) with 94%, the highest in the Middle East and North Africa, above of the European Union average, and ahead of Hong Kong and Canada.

Career

Barbaros Uygun to replace Deniz Güven as CEO of Mox

The Board of Mox announces the appointment of Barbaros Uygun as the CEO of Mox and Executive Director of the Board with effect from 27 September 2021.

Blockchain

Visa joins NFT-commerce league with first CryptoPunk purchase

NFTs mark a new chapter for digital commerce.

Digital Banking

wamo starts operations in Europe, expecting to sign up 10.000 new SME clients in 2021

Digital financial institution wamo has started operations in Europe where it expects to attract 10,000 customers before the end of 2021.

Digital Banking

Saudi's SAMA advances licensing process of two local digital bank

The Saudi Central Bank (SAMA) has announced that it has completed the procedures related to studying the two license applications for two local digital banks to conduct banking business in the Kingdom.

Digital Banking

97% of teens say financial literacy is important

Gen Z dishes on what they’re looking for in a bank & how they’re taking control of their financial futures.

Payment

Mastercard unveils new carbon calculator tool for banks

Mastercard's new feature enables banks to equip people with carbon footprint data and insights to help inform consumer spending and offer ways to contribute to reforestation.

Digital Banking

Estonian fintech startup SPARQ launched

Tallinn headquartered SPARQ is releasing its much-anticipated MVP application.

Revolut to allows employees to work from abroad up to 60 days a year

The initiative builds on Revolut’s new hybrid working policy announced in February, whereby its 2,000+ employees have flexibility to choose where they work - home, office or a combination of the two.