Today in payments around the world, First Abu Dhabi Bank is selling its stake in payments division Magnanti and PayMyTuition partners with dLocal on international tuition payments. Plus, KYODIA and Western Union team up on cross-border B2B money transfers and FAT Brands is opening 70...
First Abu Dhabi Bank (FAB), a public joint stock company and the largest bank in the United Arab Emirates (UAE), is looking to sell a stake in its estimated $1 billion payments division Magnati, Bloomberg reported. The report said that FAB is collaborating with Morgan...
July 01, 2022
Payments firm Magnati announced Friday (July 1) the launch of what may be the first metaverse shopping experience in the Middle East. The company is calling its new platform “Magnati-MetaV,” saying it will offer eCommerce in “a new and immersive way.” The new platform aims to shift consumers’ shopping habits from electronic commerce to experiential […]
September 07, 2021
First Abu Dhabi Bank (FAB), a public joint stock company and the largest bank in the United Arab Emirates (UAE), is looking to sell a stake in its estimated $1...
