by Priyanka Sharma | September 10, 2024 | Banking, Central Banks, Fintech, News
In what is being seen as a milestone in banking, the National Bank of Ras Al Khaimah has executed a cross-border Central Bank digital currency payment. RAKBANK has now become one of the first banks in the United Arab Emirates to execute such a transaction. The trade...
by Vasu Jit Kalia | September 5, 2024 | Fintech
The Saudi Central Bank (SAMA) has announced an agreement with Samsung to launch Samsung Pay in Saudi Arabia during the fourth quarter of 2024. The agreement was signed at the inaugural 24 Fintech conference held in Riyadh. This strategic step is part of SAMA’s ongoing...
by Jibran Munaf | September 4, 2024 | Fintech
Global payments solution provider Checkout.com will highlight the transformative potential of advanced payment technologies in driving the growth of Saudi Arabia’s digital economy at the 24 Fintech conference, set to take place in Riyadh from September 3 to 5....
by Jibran Munaf | September 4, 2024 | Fintech
Saudi fintech company, barq, has made significant strides on the first day of the 24 Fintech conference by signing multiple Memorandums of Understanding (MoUs) aimed at enhancing service quality and customer experience. These partnerships span various industries,...
by Jibran Munaf | September 3, 2024 | Fintech
Ziina, a fintech platform based in the UAE, has successfully raised $22 million in a Series A funding round, led by Altos Ventures and supported by investors including Fintech Collective, FJ Labs, Avenir Growth, Y Combinator, and Jabbar Internet Group. This new...
by Jennifer George | September 2, 2024 | Fashion, Fintech, Industry, News, Retail, Trending Now
Majid Al Futtaim (MAF), a leading retail and leisure conglomerate with a foothold in the Middle East, Africa, and Asia, has recently launched an exciting new feature that integrates Tabby into the SHARE app, making MAF the largest vendor utilizing BNPL services in the...