Mastercard organized its first-ever summit titled Africa Edge 2025, bringing together leading figures the payments and fintech ecosystem across Africa. The event aimed to explore new avenues for digital growth and promote financial inclusion through innovation and collaboration.
In a new step that reinforces the leadership of the Qatari banking sector in adopting advanced digital solutions, Qatar Islamic Bank QIB has announced the launch of the Click to Pay service in collaboration with Mastercard, becoming the first bank in Qatar to offer this innovative solution to Mastercard cardholders. This initiative aligns with QIBs digital transformation strategy aimed at providing customers with a faster, more secure, and seamless online payment experience.
In line with the Central Bank of Egypts CBE commitment to empowering youth and strengthening Egypts position as a leading regional hub for FinTech, the FinYology Initiative - introduced by the CBEs FinTech Egypt- has launched the third edition of the FinTech Got Talent 2025 competition, in collaboration with the Federation of Egyptian Banks FEB and the Egyptian Banking Institute EBI.
In a strategic move reaffirming its commitment to supporting Qatars national digital transformation, MEEZA, the leading provider of managed IT services in the country, has announced the launch of its new MAI platform a groundbreaking step in intelligent digital infrastructure management. The platform integrates Next Generation Managed Services MSNG with GPU-as-a-Service, offering advanced tools to accelerate smart digital transformation and strengthen the nations digital sovereignty in line with Qatars vision for innovation, data protection, and AI-driven development.
In a move that underscores its growing ambitions in the digital asset space, U.S.-based payments giant Mastercard has entered advanced negotiations to acquire Zerohash, a leading stablecoin infrastructure firm, in a deal valued between 1.5 billion and 2 billion, according to Fortune, citing five sources familiar with the matter. The potential acquisition reflects Mastercards strategy to expand its footprint in the rapidly evolving world of stablecoins amid intensifying competition among global fintech leaders.
In a move that reflects the global shift toward smarter and more seamless financial solutions, Cobre, a leading provider of B2B payment solutions in Latin America, has announced a strategic partnership with TerraPay, a global leader in enabling cross-border money movement. The partnership aims to empower businesses to execute international transactions faster and more efficiently while reducing the traditional operational complexities associated with cross-border payments.
Over the past decade, the global banking industry has undergone a profound transformation driven by the rise o
Digital banking in Egypt is no longer just a step toward modernizationit has become a true battleground for banks competing to win over a new generation of digital-savvy customers who value speed, security, and seamless financial management.
Al Ansari Financial Services has signed a Memorandum of Understanding MoU with the Dubai Department of Finance to accelerate the implementation of the Dubai Cashless Strategy, reinforcing the emirates vision of transitioning to a fully digital economy by 2026
As part of the Memorandum of Understanding MoU signed between the Central Bank of Egypt CBE and the Ministry of Communications and Information Technology MCIT, which aims to support and strengthen the skills of youth and students participating in the Digital Egypt Builders Initiative DEBI particularly in the areas of Artificial Intelligence AI and Business Analytics and in alignment with the States strategic vision for digital transformation, the AI for FinTech Hackathon was launched under the umbrella of FinTech Egypt an initiative by the CBE.
QNB Groupannounced the successful adoption of J.P. Morgans Kinexys Digital Payments network for USD clearing, marking a major milestone in QNBs cross-border payments modernization journey.
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