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October 31, 2023
Arab Monetary Fund Report: The Arab Open Banking Market Growth

he Open Banking market across Arab Countries to grow by 25% annually over the next five years, The Arab Monetary Fund (AMF) said in a report issued this week, presenting guidelines for an “Effective Open Banking/ Finance Adoption”. The report was produced by members of the Arab Regional Fintech Working Group (WG) in collaboration with...

October 31, 2023
Mashreq Collaborates with Al Etihad Payments to Unfold “Aani Instant Payment Services”

Mashreq joined forces with Al Etihad Payments to introduce the state-of-the-art “Aani Instant Payment Services” on the Mashreq App. The latest service reshapes the payment ecosystem across the board – from individual consumers to luxury outlets, everyday merchants, and beyond. The initiative is endorsed by the Central Bank of the UAE, reinforcing its position as a trusted and reliable payment solution....

October 31, 2023
Mastercard and Pemo Partner to Fuel UAE’s SME Sector

Mastercard and Pemo, a UAE-based fintech startup that supports businesses across the Middle East, North Africa and Pakistan (MENAP), have initiated a strategic partnership to promote cashless, flexible expense management for small and medium-sized businesses (SMEs) in the UAE. The move supports the country’s ambitions to strengthen its thriving SME ecosystem. Announced during Fintech Surge...

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