The Dubai Financial Services Authority (DFSA) and the Monetary Authority of Singapore (MAS) have recently entered into an agreement that provides a framework for cooperation and referrals between the innovation teams of each authority.
News, Software
Dubai Economy signs new deal to develop emCash
Emcredit, a subsidiary of Dubai Economy, and UK-based Object Tech Group have signed a partnership deal for the development and implementation of emCash.1 4712
Chinese consumers in UAE can now use Alipay
Network International has partnered with Alipay to provide seamless payment services to Chinese shoppers in the UAE.
New mobile-based payment app launches in Saudi Arabia
Visa has partnered with mada to bring mada Pay, the first mobile payment solution that supports contactless (NFC) transactions in Saudi Arabia.
Apple Pay credit cards are coming soon
Apple is reportedly working with financial giant Goldman Sachs on a credit card that would carry the iPhone maker’s digital wallet logo.
Telr to “prevent fraud before it happens” with new payment software
The new solution offers businesses a collection of antifraud features, designed to keep online merchants secure and their customers safe.
PayFort becomes first foreign KSA digital payments firm
PayFort, an Amazon company, has announced the registration of a new wholly owned company in Saudi Arabia via the Saudi …
Dubai residents can now recharge parking accounts using Nol cards
The new service, that currently operates on the Android RTA app platform only, is part of the Smart City initiative of the Dubai Government, and the ongoing efforts to deliver top and handy services to beneficiaries.
Digital payments could save Dubai consumers $200m: Visa
In collaboration with Roubini ThoughtLab, Visa examined the economic impact of increasing the use of digital payments in major cities around the world.
Emirates NBD launches UAE’s first battery powered credit cards
Emirates NBD and Dynamics’ Wallet Card is the “world’s first connected, secure payment card,” and has been recognised with four CES Innovation awards.
Etisalat launches Innovation Centre to showcase smart solutions, drive digital transformation
Etisalat has announced the opening of its ultramodern Open Innovation Center in Dubai, which aims to be a hub to showcase the innovative solutions and that help drive digital transformation by enabling the use of latest technologies.