March 31, 2024 @ 2:34 am By Michael Wong  |  

Qatar has launched its “first national e-card with registered Qatari brand,” named Himyan, as announced by the Qatar Central Bank. This initiative aligns with the country’s Third Financial Sector Strategy, emphasizing the development of Qatar’s digital payments infrastructure. Himyan represents a significant advancement in the… Read More

 Tagged Himyan, Qatar Central Bank, Qatar National Vision 2030, Third Financial Sector Strategy

March 30, 2024 @ 10:32 pm By Michael Wong  |  

QNB Group, the leading financial institution in the Middle East and Africa, has announced the launch of “FAWRAN,” a revolutionary payment method designed to enhance the payment experience for its customers in Qatar. This innovative service allows for quick and secure transactions using just the… Read More

 Tagged FAWRAN, fintech, middle east, payments, qatar, qnb

March 30, 2024 @ 6:37 pm By Omar Faridi  |  

Global fintech SumUp has implemented Confirmation of Payee (CoP) in the UK, as the company takes additional steps to protect merchants and users from bad actors and fraud. CoP is a name-checking service, launched by Pay.UK in 2020, which “validates recipients’ account details before transfers… Read More

 Tagged confirmation of payee, payments, sumup, uk, united kingdom

March 30, 2024 @ 5:36 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, is partnering with Adobe Commerce to deliver flexible online and offline payments solutions to global enterprise merchants operating on Adobe Commerce. The payments partnership enables Adobe Commerce customers “to simplify and scale their… Read More

 Tagged adobe commerce, adyen, europe, fintech trends, payments

March 30, 2024 @ 10:37 am By Omar Faridi  |  

To ensure a “trusted” and secure digital identity for all Europeans, the European Council adopted a new framework for a European digital identity (eID). Mathieu Michel, Belgian Secretary of State for digitization, administrative simplification, privacy protection and the building regulation: The adoption of the European… Read More

 Tagged digital identity, europe, regulations, regulatory framework

March 30, 2024 @ 10:35 am By Omar Faridi  |  

Payments Canada is actively involved in promoting harmonization of the ISO 20022 message usage for high-value payment systems globally and is declaring its support for the High-Value Payments Systems Plus (HVPS+) ISO 20022 Payments Interoperability Charter. The charter sets out objectives and principles “designed to… Read More

 Tagged payments, payments canada

March 30, 2024 @ 7:01 am By Michael Wong  |  

MOVE Digital, the digital arm of Malaysia-listed aviation group Capital A, announced a strategic collaboration with Singapore’s fintech powerhouse, Ant International. This partnership aims to diversify payment methods, enhance digital marketing efforts, and foster sustainable finance practices for the micro, small & medium enterprise (MSME)… Read More

 Tagged AirAsia, AirAsia Move, ant international, fintech, malaysia, payments

March 29, 2024 @ 12:38 pm By Michael Wong  |  

Pacific Island nations are poised to harness the digital money revolution to enhance their financial systems, improve financial inclusion, and counteract the decline in correspondent banking relationships, according to research conducted by the International Monetary Fund (IMF). The geographic isolation, small size, and distinct challenges… Read More

 Tagged central bank digital currencies, digital money, imf, international monetary fund

March 29, 2024 @ 11:43 am By Omar Faridi  |  

HID, a worldwide enabler of trusted identity solutions, in partnership with Temenos, a global provider of banking software solutions, announces a collaboration with Santander International to provide robust and flexible customer authentication for its digital banking platform. Santander International, like all modern financial institutions, “faces… Read More

 Tagged digital identity, hid, santander, temenos

March 29, 2024 @ 11:03 am By Omar Faridi  |  

PhonePe App users traveling to the UAE can now make payments using UPI at Mashreq’s NEOPAY terminals, available across a wide array of retail stores, dining outlets, as well as tourist and leisure attractions. They simply need to “scan the QR code for seamless and… Read More

 Tagged digital payments, india, phonpe, uae, upi