Europe has taken a significant step forward in the digital payments landscape, with Visa announcing the launch of three fully digital wallets utilizing Near Field Communication NFC technology. This development comes as part of strategic partnerships with leading financial institutions, including Spains BBVA, Swedens Klarna, and the Nordic Vipps MobilePay, alongside an additional collaboration with Italys BANCOMAT for a pilot project set to begin in early 2026.
Weyay Bank, Kuwaits first digital bank, reinforces its position as a pioneer in digital banking since its establishment four years ago, following a journey marked by innovation and excellence in delivering a comprehensive banking experience. Weyay has set a new benchmark in the financial sector by introducing cutting-edge digital solutions that simplify banking and make financial management more accessible and secure.
Mastercard has announced the launch of its new program, Mastercard Access Pass, aimed at empowering banks and partners to strengthen their customer relationships by offering personalized benefits and innovative digital experiences. The program represents a strategic step that aligns with growing customer demand for personalized services and exclusive contentparticularly among younger generations who prefer digital services and passion-driven experiences.
Suez Canal Bank signed a strategic partnership agreement with Visa, the world leader in digital payments. This partnership aims to support the banks digital transformation strategy by providing advanced payment solutions that go beyond traditional card services. It includes the development of innovative digital products, collaboration with fintech companies, and the enhancement of digital banking services.
Visa has released its Fall 2025 Biannual Threats Report, highlighting five transformative forces reshaping the global payments security landscape. Released during International Fraud Awareness Week, the report details fundamental shifts in fraud operations, which are now characterized by unprecedented speed, scale, and industrial-level organization.
QNB has become the first Qatari Bank to launch Mastercard virtual card numbers VCN for corporate clients to enable companies to single-use or multi-use virtual cards with predefined limits, specific usage timeframes, and merchant category controls, showcasing its commitment to provide its clients with the highest levels of banking experience.
Banks operating in the United Arab Emirates have implemented stricter measures regarding financial transfers through several FinTech applications registered outside the country. Under these measures, account holders can no longer withdraw funds directly their bank accounts to these applications, even when providing all required details such as IBAN, bank account number, debit card number, or CVV code.
PayPal has launched a new installment service called PayPal Pay in 4 in the Canadian market. The service falls under the Buy Now, Pay Later BNPL model, allowing consumers to split their purchases into four equal payments over six weeks with no interest or fees. The launch comes at a strategic time, coinciding with the holiday shopping season and major discount events such as Black Friday, Cyber Monday, and Boxing Day, which enhances payment flexibility for consumers and makes online shopping more convenient.
In line with its progressive efforts to promote digital transformation and financial inclusion within the banking sector, and to align with international best practices in the Artificial Intelligence AI technologies, the Central Bank of Egypt CBE is participating in the 12th edition of the Digital Payment, Financial Inclusion, and Digital Banking PAFIX International Conference and Exhibition.
Visa announced a significant expansion of its support for the global creator economy through the introduction of a new experimental Creator Agent pilot program developed in collaboration with fintech partner Karat Financial. The announcement was made during Web Summit 2025 in San Francisco and Lisbon, Visa unveiled its latest research study, the Monetized: Visa 2025 Creator Report. This initiative reinforces Visas ongoing commitment to positioning creators as an influential business segment with growing economic impact across international markets
Thunes, a global leader in smart cross-border money movement, has announced a new strategic partnership with Mashreq Bank, one of the UAEs leading financial institutions, to launch instant transfer services to mobile wallets. This collaboration aims to provide millions of Mashreq customers with faster, more efficient, and secure international money transfers.
Visa, the global leader in digital payment solutions, has announced the launch of its new service, Visa Scan to Pay, a QR code-based payment solution. This strategic initiative aims to promote financial inclusion and broaden the adoption of digital payments across the Asia-Pacific region. The new service enables millions of merchants across various markets to accept Visa payments easily through digital wallets and payment apps, providing consumers with a more flexible and seamless payment experience, both for local transactions and while traveling.
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