International Payments - Page 3
133 articles
Seviora and Bank FAB launch strategic investment partnership
Seviora and Bank Abu Dhabi First have signed a memorandum of understanding to collaborate on expanding investment opportunities and market access across the Middle East and beyond
UAE sovereign wealth funds surge into global top tier
Three UAE sovereign wealth funds have climbed into the global top ten, managing more than two trillion dollars and driving international investment flows. Their strategies are redefining how state assets influence economies and currency stability worldwide
Industrial Development Bank launches 20 percent food and grocery discount
Industrial Development Bank customers now get 20 percent off one food or grocery delivery each month when paying with eligible Mastercard cards on Talabat. The deal shows how digital payments are becoming part of daily life.
Emirates NBD Egypt rolls out new savings and deposit certificates
Emirates NBD Egypt has launched a fresh lineup of savings and deposit certificates in both Egyptian pounds and US dollars. The new products offer fixed and variable returns, flexible terms, and options for individuals and businesses looking for tailored deposit solutions.
Emirates NBD Egypt becomes official banking partner of Gouna Film Festival
Emirates NBD Egypt will back this year's Gouna Film Festival as its official banking partner, aiming to boost creative talent and help regional cinema reach more viewers.
UAE Dirham Holds Steady Against Egyptian Pound in Major Banks
The UAE dirham opened Saturday with minimal movement against the Egyptian pound, as banks across Egypt posted nearly identical rates for both buying and selling the currency
Emirates NBD Egypt rolls out remote digital signatures for businesses
Emirates NBD Egypt now lets business customers sign banking documents online, cutting out branch visits and speeding up banking for companies.
Emirates NBD Egypt rolls out digital signatures for business clients
Emirates NBD Egypt now lets business clients sign banking documents online, cutting out branch visits. The bank says this will speed up corporate banking and save time.
ABC Egypt Bank lets users send up to one million pounds daily with instant transfers
ABC Egypt Bank now lets customers send up to one million Egyptian pounds per day and five million per month through its mobile app. Transfers are free for a limited time, giving users more digital payment options.
Big direct deals hit Abu Dhabi First Bank shares as profit growth slows
Abu Dhabi First Bank shares saw AED 41.6 million in direct trades after the bank posted just a 1% rise in half-year profits for 2026. The moves show how investor tactics are shifting in the UAE's banking sector.
CIB Egypt funds Turkish textile group with $80 million loan
CIB Egypt is lending $80 million to EMS Eroglu Knitting to help expand its textile complex in Qantara West. The deal targets export growth and thousands of new jobs, giving a lift to Egypt's industrial sector.
Abu Dhabi First Bank shares move in 804 million dirham block deal
A one-off trade of 40 million Abu Dhabi First Bank shares, worth 804 million dirhams, has stirred the market and raised fresh questions about investor tactics and the influence of big banks in the UAE.
UAE pushes deeper into BRICS payments, even as US sanctions tighten
The UAE is carving out a central role in BRICS cross-border payments, using bilateral deals and digital platforms. But US sanctions and the lack of a single system bring new risks and slow down real adoption.
Private cloud changes how global banks run AI
Banks are shifting AI workloads from public to private cloud to cut costs and meet strict rules. New data shows a surge in sovereign cloud spending and a new approach to deploying large language models.
Banks face real security threats as AI voice agents go live
Banks are rolling out AI voice agents fast, but new tests show standard demos miss big security gaps. Hamming AI's adversarial approach reveals why real-world use needs tougher safeguards.
I&M Bank pushes digital trade finance upgrade with Surecomp
I&M Bank is rolling out a digital trade finance system with Surecomp, looking to speed up business in Kenya and expand to Tanzania, Rwanda, Uganda, and Mauritius.
Paymob lands $35 million to push digital payments across MENA
Paymob has raised $35 million in pre-Series C funding to speed up its digital payment rollout for businesses in Egypt, Saudi Arabia, the UAE, Oman, and Pakistan. The company wants to reach more merchants across the MENA region.
Denmark completes first AI agent payment as Danske Bank and Mastercard move ahead
An AI agent has made a full payment in Denmark using Mastercard's Agent Pay and Danske Bank. The move puts new focus on security, transparency, and how much control consumers will have as digital payments change.
NatWest appoints Harsh Agarwal to lead customer experience transformation
NatWest has named Harsh Agarwal as managing director of customer experience and engagement, charging him with unifying the bank's digital and segment strategies following a series of high-profile leadership changes.
BNG completes core banking overhaul as Amir Arooni exits leadership
Bank Nederlandse Gemeenten has completed a sweeping core banking and cloud migration in under a year, closing the chapter on Amir Arooni's interim leadership and welcoming a new permanent CIO.
How banks are building stablecoins under new European rules
European banks face a complex path to launching stablecoins as new digital euro rules demand tough choices on legal structure, technology, and compliance. This guide breaks down the practical steps and risks for institutions entering the digital money race.
Enova abandons Grasshopper Bank deal after regulatory impasse
Enova has called off its $369 million bid for Grasshopper Bancorp, withdrawing regulatory applications and signaling a move away from pursuing a bank holding company charter. The decision spotlights persistent regulatory uncertainty for nonbank lenders seeking entry into the banking sector.
Bank AI Agents Face Real World Data Obstacles
Banks are eager to deploy agentic AI that can act autonomously, but outdated document systems and fragmented data threaten to undermine these ambitions. The real challenge is not AI capability but the quality and accessibility of the information it must process.
OpenPayd targets US expansion with billion dollar Nasdaq move
OpenPayd is set to merge with MSB USA and integrate 43 state money transmitter licenses, aiming to secure a $1.145 billion Nasdaq listing and expand regulated payment services for global clients entering the US market
Salla acquires PayLink to expand Saudi merchant payment options
Saudi fintech Salla has acquired PayLink and partnered with Naml to deliver broader payment acceptance and distribution tools for over 65,000 Saudi merchants seeking to reach customers at home and abroad
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