Nium, a global leader in real-time cross-border payments, has announced a partnership with Emirates NBD that aims to transform global cross-border payments in the Middle East.
The collaboration seeks to elevate the remittance experience by offering seamless, instantaneous cross-border transfers between the UAE and countries worldwide.
This initiative is driven by the growing expatriate population and cross-border trade in the region.
By leveraging Nium’s payouts services, Emirates NBD aims to provide customers with real-time, cost-effective payment solutions, ensuring speed and unparalleled reliability in cross-border transactions.
Prajit Nanu, Founder and CEO at Nium, commented, “Nium is focused on achieving ubiquitous reach of our global payments infrastructure. The Middle East is a key market for us, and we have been doubling down on expansion in the region. Our partnership with Emirates NBD extends our presence into the heart of the Middle East with one of the most trusted names in the region.”
Nium is a global leader in real-time cross-border payments, providing advanced payment solutions to businesses and individuals worldwide. Their platform offers seamless, instantaneous cross-border transfers, revolutionising the way money is moved across borders.
Marwan Hadi, Group Head, Retail Banking and Wealth Management at Emirates NBD, said, “As a leading national banking group, Emirates NBD has played an active role in introducing innovation in all our banking solutions. The partnership with Nium, a global leader in real-time, cross-border payments, will facilitate seamless, global transactions for our customers. This collaboration is a testament to the bank’s commitment to embracing cutting-edge technologies and pushing boundaries to deliver excellence.”
Emirates NBD is a leading banking group in the MENAT region, renowned for its innovative banking solutions. With a strong presence in the UAE and beyond, Emirates NBD is committed to introducing cutting-edge technologies to enhance customer experiences.
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