Bahrain, an archipelago nation of 1.5 million people, is emerging as an unlikely leader in the artificial intelligence race in the Middle East. Bahrain’s push to integrate AI into its economic vision, national security infrastructure and workforce development is part of a rapidly growing movement...
As the new year begins, the global demand for faster, streamlined transactions continues to fuel the expansion of real-time payments worldwide. Countries are employing diverse approaches to developing, deploying and refining their instant payment systems to meet consumer needs. Some nations, led by central banks...
Mastercard will terminate its partnership with cryptocurrency exchange Binance Holdings. This decision will impact all four of Mastercard’s co-branded card programs with Binance, which are in Argentina, Brazil, Colombia and Bahrain, starting on Sept. 22, Bloomberg reported Thursday (Aug. 24). Reached by PYMNTS, a Mastercard spokesperson confirmed the report...
Bahrain is set to join other Persian Gulf region countries in a unified payments/settlement system. The country’s Shura Council approved the move this weekend, according to a Monday (May 1) report by Gulf Daily News. In doing so, the council set the stage for Bahrain to link...
January 09, 2024
As the new year begins, the global demand for faster, streamlined transactions continues to fuel the expansion of real-time payments worldwide. Countries are employing diverse approaches to developing, deploying and refining their instant payment systems to meet consumer needs. Some nations, led by central banks and government regulators, have established government-driven instant transaction protocols. Others […]
January 18, 2023
Crypto continues battling through a historic shock to its system, while industry lessons accumulate. In just the past two weeks alone, bitcoin (BTC) has risen 30% on the year hitting...
January 04, 2023
Real-time payments are becoming table stakes worldwide, driven by intense demand from businesses and individuals. Surveys have found that the availability of fast payments was a deciding factor for businesses...
December 04, 2024
Crypto.com says it has obtained a license letting it issue cards on Mastercard’s network. The new program, announced Wednesday (Dec. 4), will let Crypto.com launch a Mastercard-powered card in Bahrain, letting its customers use their card at over 150 million in-store and online locations worldwide. “Users can easily fund their cards through the Crypto.com app using e-money wallets or third […]
August 24, 2023
Mastercard will terminate its partnership with cryptocurrency exchange Binance Holdings. This decision will impact all four of Mastercard’s co-branded card programs with Binance, which are in Argentina, Brazil, Colombia and Bahrain, starting...
May 01, 2023
Bahrain is set to join other Persian Gulf region countries in a unified payments/settlement system. The country’s Shura Council approved the move this weekend, according to a Monday (May 1) report by...
March 14, 2023
The open banking platform Tarabut Gateway is entering its region’s busy crypto market. The company announced Tuesday (March 14) it had teamed with Rain, the first regulated cryptocurrency asset trading platform in the Middle East/North...
