Nymcard news and trends

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

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 to simplify the process of issuing payment products for FinTech and non-banking organizations, and NymCard’s plug-and-play platform will help FinTech...

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

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 later (BNPL) tool customized for local markets in the Middle East/North Africa (MENA) region, the company said in a news...

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

 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 National Day, the country’s leaders and businesses have been highlighting efforts to grow the knowledge economy. While each of the...

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

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 services will have the opportunity to spread to areas of the United Arab Emirates (UAE) that were previously limited. According...

Interviews & Exclusives
The Key to Solving MENA Banking Challenges Starts With Regulators

June 27, 2022
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 been completely held back from performing that service across the region. “That’s a core reason why you haven’t seen companies building the Brex, the Revolut or the Affirm of the […]

Quick Reads
NymCard Teams With ACI Worldwide to Fight Financial Fraud

October 19, 2023
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 to protect its customers from financial fraud by deploying the tool via ACI’s public cloud environment across several markets in the region. “The deployment of the solution on the cloud […]

Visa and NymCard Collaborate on Payment Credentials Issuance

August 28, 2023
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 to simplify the process of...

Payment Infrastructure Firm NymCard Acquires MENA-Focused BNPL Firm Spotii

June 12, 2023
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 later (BNPL) tool customized for...

Western Union Partners NymCard for Payments Expansion in UAE

October 27, 2022
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 services will have the opportunity...