MiddleEast
🙀UAE🇦🇪 surpasses UK🇬🇧 in global fintech ranking Paid Members Public
🙀UAE🇦🇪 surpasses UK🇬🇧 in global fintech ranking The United Arab Emirates has overtaken the United Kingdom in the global fintech ranking after a $2 billion investment by MGX (Abu Dhabi) in the crypto exchange Binance. ▶️In the first half of 2025, global fintech investments reached $24 billion across 2,597
🎉 In 2025, banks in the EMEA region are prioritizing payment system modernization Paid Members Public
🎉 In 2025, banks in the EMEA region are prioritizing payment system modernization This is confirmed by an annual study conducted by Volante Technologies in May 2025, involving senior executives from corporate and transactional banking across 11 countries. ▶️ The report reveals that 99% of the surveyed banks plan to implement new
🎉Uruguayan payment platform dLocal🇺🇾obtains licenses in the United Arab Emirates🇦🇪, Turkey🇹🇷, and the Philippines🇵🇭 Paid Members Public
🎉Uruguayan payment platform dLocal🇺🇾obtains licenses in the United Arab Emirates🇦🇪, Turkey🇹🇷, and the Philippines🇵🇭 Go Uruguay, go global! ▶️In the United Arab Emirates, dLocal obtained a license to offer payment services, allowing the company to conduct cross-border transactions directly to and from the country. ▶️In the Philippines, dLocal received
👀Kuwait🇰🇼: The Central Bank strengthens oversight of electronic payment providers Paid Members Public
👀Kuwait🇰🇼: The Central Bank strengthens oversight of electronic payment providers Kuwait’s Central Bank has introduced a series of measures aimed at safeguarding the integrity of the country’s digital financial infrastructure and bolstering trust in electronic payment systems amid rapid sector growth. What exactly is established❓ ➡️ Providers are required
👀Where is the digitalization of payments advancing the fastest in the world⁉️ Paid Members Public
👀Where is the digitalization of payments advancing the fastest in the world⁉️ According to the World Economic Forum (WEF), the fastest-growing real-time payments market in the world is in the Middle East. ➡️Outlook: In 2022, the total value of real-time payments in the region reached USD 675 million. By 2027,
⚡️The cross-border payments network Neema🇮🇱 launches an alternative to SWIFT Paid Members Public
⚡️The cross-border payments network Neema🇮🇱 launches an alternative to SWIFT The dynamic routing system developed by Neema is designed for banks and financial institutions, operates in real time, and works in hard-to-reach regions as well as in contexts with complex payment methods. 🔻 Who are they? — Neema, whose name means “abundance”
🎉 🇦🇪 Checkout.com Set to Launch Local Card Issuing and Digital PSP Services in UAE by 2026 Paid Members Public
🎉 🇦🇪 Checkout.com Set to Launch Local Card Issuing and Digital PSP Services in UAE by 2026 The initiative is currently awaiting regulatory approval, though it is expected to move forward soon, as it aligns with the UAE’s strategic plan to develop a highly tech-driven financial ecosystem by 2031. 🔻 Background:
📢 In UAE 🇦🇪, US-based crypto payment gateway Ripple 🇺🇸 obtained a license Paid Members Public
📢 In UAE 🇦🇪, US-based crypto payment gateway Ripple 🇺🇸 obtained a license This payment platform is expected to drive greater adoption of stablecoins. ➡️ With the DFSA license, Ripple became the first officially recognized blockchain-based payment provider in Dubai. ➡️ Key facts: Ripple's own stablecoin, RLUSD, launched in late December, has already