United Arab Emirates

UAE’s Neobank Debuts Country’s First Digital Banking Platform
UAE’s Neobank Debuts Country’s First Digital Banking Platform
March 07, 2021  |  Digital Banking

YAP, the first independent digital banking platform in the United Arab Emirates, has launched as of Sunday (March 7), Reuters writes. The Dubai-based firm is...

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First Abu Dhabi Bank Collaborates With Visa On B2B Virtual Cards
First Abu Dhabi Bank Collaborates With Visa On B2B Virtual Cards
December 14, 2020  |  B2B Payments

To roll out an in-depth collection of digital payment offerings for business customers, United Arab Emirates (UAE) financial institution First Abu Dhabi Bank (FAB) has...

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Standard Chartered, Amazon To Offer Installment Payments In UAE
Standard Chartered, Amazon To Offer Installment Payments In UAE
September 15, 2020  |  Buy Now Pay Later

Standard Chartered and Amazon.ae, the company’s United Arab Emirates website, are launching a new installment payments method for customers, according to The Fintech Times. Standard...

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Online Marketplace Tradeling Offers Revolving Credit For SMBs
Online Marketplace Tradeling Offers Revolving Credit For SMBs
July 13, 2020  |  B2B Payments

Electronic marketplace Tradeling is launching a new credit facility for small- to medium-sized business (SMB) buyers, partnering with United Arab Emirates (UAE)-based Invoice Bazaar, according...

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MoneyGram Teams With Digital Financial Services For Cross-Border Money Transfers
MoneyGram Teams With Digital Financial Services For Cross-Border Money Transfers
June 25, 2020  |  Cross-border Payments

MoneyGram will partner with Digital Financial Services in order to help facilitate cross-border transfers involving digital wallets in the United Arab Emirates, according to a...

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B2B Payments Deterioration Eyed For Asia
B2B Payments Deterioration Eyed For Asia
June 15, 2020  |  B2B Payments

For global traders, emphasis continues to be placed on the urgency for corporates in a strong financial position to support their supply chains through on-time...

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Invoice Bazaar Collaborates With RSA Global On Inventory Financing
Invoice Bazaar Collaborates With RSA Global On Inventory Financing
June 09, 2020  |  B2B Payments

To help companies obtain inventory financing for supplier payments, supply chain provider RSA Global has unveiled a partnership with small- to medium-sized business (SMB) financial...

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Fixing The UAE’s $46B Remittance Problem
Fixing The UAE’s $46B Remittance Problem
June 08, 2020  |  Smarter Payments

Cross-border payments are expected to hit $39 trillion by 2022, with $572 million worth of payments consisting of remittances sent from migrant workers to their...

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Survey: Three Quarters Of Dubai SMBs May Shutter By October
Survey: Three Quarters Of Dubai SMBs May Shutter By October
May 22, 2020  |  Economy

In what could be among the most devastating economic impacts of COVID-19 overseas, a survey revealed 75 percent of Dubai businesses said they expect to close within the...

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