Aafaq Islamic Finance takes on digital shift with Network International
Aafaq Islamic Finance, a premier provider of Shariah-compliant financial services, and Network International, a leading facilitator of digital commerce in the Middle East and Africa (MEA), have announced a partnership aimed at bolstering Aafaq's digital transformation.
Digital wallet transactions forecasted to reach $16trn by 2028
A groundbreaking study from Juniper Research, a leading authority on emerging payments, anticipates a sharp increase in digital wallet transactions, forecasting that the total...
Mastercard joins forces with Dubai’s DET for innovative Digital City Partnership
The Department of Economy and Tourism (DET) of Dubai and Mastercard, a front-runner in payment innovation globally, have inked an innovative Memorandum of Understanding. The pivotal Digital City Partnership will further bolster Dubai's economic expansion in line with the ambitious Dubai Economic Agenda, D33.
Meadow Lark Agency and OTR Solutions Collaborate to Innovate Carrier Payment Systems
Meadow Lark Agency, an asset-based 3PL company, and OTR Solutions, a factoring and trucking technology firm based in Atlanta, have joined forces to enhance Meadow Lark's carrier payment systems.
Visa plans $1bn acquisition of Pismo to expand core banking and issuer solutions
Visa, a global leader in digital payments, has signed a definitive agreement to acquire Pismo, an operational cloud-native issuer processing and core banking platform in Latin America, Asia Pacific, and Europe.
FinTech giant FIS sells Worldpay to GTCR at $18.5bn valuation
FIS, a global leader in financial services technology, has made a strategic move to sell a majority stake in its Worldpay Merchant Solutions business to private equity funds managed by GTCR.
Utransfer of U Fintech Hub bags $4m in funding for global expansion
South Korean powerhouse, U Fintech Hub Inc., a renowned FinTech company, recently announced the successful completion of its latest funding round. The firm specialises in remittance services, operating the widely used Utransfer platform.
SumUp enhances UK offering through strategic Form3 partnership
SumUp, a global financial ally serving over 4 million businesses, has entered a partnership with Form3, a leading cloud-native account-to-account payments platform.
CAB Payments makes a splash in London’s IPO market with an impressive £851m valuation
CAB Payments, a leading player in business-to-business (B2B) money transfers, has entered the public domain, brandishing a valuation of £851m, thereby injecting much-needed dynamism into London's somewhat subdued initial public offering (IPO) markets.
Moneyhub and MX in strategic alliance to enhance global Open Finance adoption
Moneyhub, the highly regarded data and payments platform pioneering Open Banking and Open Finance, has unveiled a strategic alliance with North America's Open Finance heavyweight, MX Technologies, Inc.