PYMNTS-MonitorEdge-May-2024

NymCard

NymCard Teams With ACI Worldwide to Fight Financial Fraud
NymCard Teams With ACI Worldwide to Fight Financial Fraud
October 19, 2023  |  Fraud Prevention

Middle East/North Africa-focused card issuer NymCard has teamed with ACI Worldwide to combat fraud. The partnership, announced late Wednesday (Oct. 18) sees NymCard enhancing its fraud platform with ACI Fraud Management...

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Visa and NymCard Collaborate on Payment Credentials Issuance
Visa and NymCard Collaborate on Payment Credentials Issuance
August 28, 2023  |  Partnerships

NymCard, a Banking-as-a-Service (BaaS) firm that serves the Middle East and Pakistan, has joined the Visa Ready to Launch (VRTL) program. The VRTL program aims...

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Payment Infrastructure Firm NymCard Acquires MENA-Focused BNPL Firm Spotii
Payment Infrastructure Firm NymCard Acquires MENA-Focused BNPL Firm Spotii
June 12, 2023  |  Acquisitions

Payments infrastructure provider NymCard has acquired buy now, pay later firm Spotii. The purchase, announced Monday (June 12), lets Dubai-based NymCard offer its financial services clients a buy now, pay...

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UAE Celebrates Knowledge-Based Economy This National Day
UAE Celebrates Knowledge-Based Economy This National Day
December 01, 2022  |  Mena

 In its 51 years of existence, the UAE has emerged as a regional superpower. This Friday (Dec. 2), as the United Arab Emirates (UAE) celebrates...

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Western Union Partners NymCard for Payments Expansion in UAE
Western Union Partners NymCard for Payments Expansion in UAE
October 27, 2022  |  Partnerships

Cross-border money transfer firm Western Union announced on Thursday (Oct. 27) its new partnership with payment platform NymCard. With the new alliance, international money transfer...

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Verity Debuts Family Banking App for MENA Users
Verity Debuts Family Banking App for MENA Users
September 19, 2022  |  Banking

Verity, a FinTech which works to help younger people earn, save and spend responsibly, has rolled out a new family banking and financial literacy app...

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Startups Drive Payment Innovation in Jordan’s Emerging FinTech Hub
Startups Drive Payment Innovation in Jordan’s Emerging FinTech Hub
September 13, 2022  |  Startups

For businesses in the Middle East and North Africa (MENA), regional growth often follows a predictable pattern. The United Arab Emirates (UAE) is a popular...

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Prepaid Cards Streamline Expense Management, Solve Major Pain Points for MENA SMBs
Prepaid Cards Streamline Expense Management, Solve Major Pain Points for MENA SMBs
September 11, 2022  |  Financial Inclusion

Some of the most underbanked populations in the world can be found in the Middle East and North Africa (MENA), where countries like Egypt have...

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The Key to Solving MENA Banking Challenges Starts With Regulators
The Key to Solving MENA Banking Challenges Starts With Regulators
June 27, 2022  |  Banking

Card issuers might have it easy in regions like Europe and North America, but in the Middle East and North Africa (MENA) market, FinTechs have...

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