Financing
Al Baraka Bank Boosts Islamic Trade Finance with ICIEC
Al Baraka Bank Egypt has announced that it has signed two important contracts with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC). The total value of these contracts is USD 100 million. The agreements include...
Cards & Payments
Govt Plans to Provide Credit Guarantee Coverage for MSMEs
The government is working on a scheme to assist micro businesses meet their immediate needs for working capital by giving them credit cards with a Rs 5 lakh maximum. This plan will offer credit guarantee coverage for micro businesses,...
Cards & Payments
Vivid & Adyen Launch Instant Card Payments for SMBs
Vivid, a financial platform for small businesses and entrepreneurs, is partnering with Adyen, a worldwide fintech platform, to develop a full-scale Instant Card Payments solution that lets small businesses accept card payments and get their money right away.
Through the...
Cards & Payments
Mastercard Debuts Biometric Metal Credit Card in Bangladesh
Mastercard and Eastern Bank PLC (EBL) have collaborated together to develop Bangladesh's first biometric metal credit card. This is a significant leap forward for digital payments in the nation.
The ultra-premium World Elite Mastercard portfolio includes this biometric metal credit...
News
Astra Fintech Dexlab Acquisition Fuels Solana Growth in Asia
Astra Fintech Dexlab acquisition, valued at $10 million, was announced today by the Canada-based Solana-focused FinFra leader.This partnership is a big step towards Astra's goal of getting more people to use PayFi in Asia and other places. It is...
Cards & Payments
Revolut Launches Fast, Low Cost Money Transfer to China
Revolut is opening up a big new path for Low Cost money transfer across borders, and it's going directly to China. In a historic deal with Ant International, the global fintech company is now allowing Alipay users in China...
Cards & Payments
DCS Card Centre Innovates Digital Payments with Web3 Tech
As superapps, fintechs, and blockchain technology change the way payments are made, DCS Card Centre Pte. Ltd. is getting on board with digital asset innovation.
“The broader payment ecosystem is undergoing a rapid shift in standards, and that is very...
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