بنكي | FINTECH

Al Ansari Financial Services Partners with Dubai’s Department of Finance to Advance the Dubai Cashless Strategy

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

Launch of the Artificial Intelligence Hackathon in Financial Technology under the umbrella of “FinTech Egypt” in collaboration between the Central Bank of Egypt and the Ministry of Communications.

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 adopts Kinexys by J.P. Morgan’s blockchain network for USD clearing

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.

Visa Direct Taps Stablecoins to Unlock Faster Funding for Businesses

The way businesses fund cross-border payments is about to get faster, smarter and more flexible. Today, Visa announced it will launch a stablecoin prefunding pilot through Visa Direct, its global money movement platform that connects 11B eligible cards, bank accounts, and wallets.

Visa Unveils Latest Consumer Spending Trends Report for the Summer Holiday Season 2025 in Egypt

Visa , a global leader in digital payments, today released its latest consumer spending insights for the 2025 summer holiday period in Egypt, based on the Visa Consulting & Analytics Retail Spend Monitor. The data reveals an increase of 44% in total summer spending on Visa premium consumer cards compared to 2024, highlighting continued growth in digital payments, higher-value transactions, and evolving travel preferences.

Tawfik Mahmoud Appointed as CEO and Managing Director of Taly for Digital Payment Solutions

has announced the appointment of Mr. Tawfik Mahmoud as the companys new Chief Executive Officer and Managing Director, effective August 2025. This strategic move comes as part of the companys efforts to expand its business scope and strengthen its competitive position in both the Egyptian and regional markets by delivering innovative, integrated financial solutions built on the latest advancements in financial technology.

Visa Pay Launches in the Democratic Republic of the Congo: A Step Toward Financial Inclusion

Visa has officially launched its new digital payment service, Visa Pay, in the Democratic Republic of the Congo DRC, introducing a secure and interoperable platform that allows consumers and businesses to pay, get paid, and transfer money across participating banks and mobile networks

Sarwa Life Insurance Enhances Customer Experience Through Partnership with Ahly Momken to Expand Insurance Policy Premium Payment Channels for Clients

As part of Contact Financial Holdings overarching vision to revolutionize Egypts financial and insurance landscape by driving digital transformation and forging impactful strategic partnerships, Sarwa Life Insurance, the Groups life insurance arm, has announced a strategic collaboration with Al Ahly Momken, a key player in e-payment solutions and financial services. Under this agreement, Sarwa Life clients across Egypt will be able to seamlessly settle their insurance policy premium through Al Ahly Momkens extensive payment network.

Visa Africa Fintech Accelerator Opens Applications for Fifth Cohort, Welcomes 22 Startups to Fourth  

Visa, a global leader in digital payments, announced that applications are open for the fifth cohort Cohort 5 of its Visa Africa Fintech Accelerator, a 12-week intensive program designed to help startups fast-track their growth and impact

For the First Time in Egypt… CIB Launches “Linked Accounts” Feature in the New Mobile Banking App Update

In a new step toward enhancing innovation and flexibility in digital banking services, the Commercial Internat

Mohamed Abdelmottaleb: XPay Doubles Merchant Base by 100% by the first 6 Weeks of 2025 and Continues Its Expansion in Fintech in Egypt

Dr. Mohamed Abdelmottaleb, CEO and Managing Partner of XPay, highlighted that the fintech sector in Egypt is e

AI in Payment Fraud Detection: Promising Advancements Require Strong Oversight