United Arab Emirates

UAE’s ADQ Launches $100M Tech Fund in Jordan
UAE’s ADQ Launches $100M Tech Fund in Jordan
June 09, 2022  |  Investments

The United Arab Emirates’ ADQ has launched a $100 million technology-focused venture capital fund with the Jordanian Ministry of Digital Economy and Entrepreneurship (MoDEE), according...

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Neobank Weekly: Revolut Launches New Initiative; Monzo Issues Scam Warning
Neobank Weekly: Revolut Launches New Initiative; Monzo Issues Scam Warning
February 25, 2022  |  Digital Banking

Revolut Launches New Initiative This Week Less than a week after London-based digital bank Revolut introduced a new payroll management service in the United Kingdom,...

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Today in Food Commerce: NYC Mulls 15-Minute Grocery Crackdown; Krispy Kreme Uses Dark Store Model
Today in Food Commerce: NYC Mulls 15-Minute Grocery Crackdown; Krispy Kreme Uses Dark Store Model
February 22, 2022  |  Commerce

Today in food commerce, New York City considers banning 15-minute grocery delivery guarantees, and Krispy Kreme looks to grow its delivery business across international markets....

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EDB Banking App Backs 500+ UAE Firms Since September
EDB Banking App Backs 500+ UAE Firms Since September
December 29, 2021  |  International

The Emirates Development Bank said Wednesday (Dec. 29) that since the bank launched its Business Banking App in September, more than 500 United Arab Emirates-based...

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UAE’s Mashreq, Visa Collaborate on Corporate Expense Platform
UAE’s Mashreq, Visa Collaborate on Corporate Expense Platform
October 26, 2021  |  B2B Payments

The United Arab Emirates’ Mashreq Bank is working with Visa on a digital reconciliation platform that can track, trace and analyze company expense accounts, The...

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GCC Exchange, Paykii Team on Utility Payments
GCC Exchange, Paykii Team on Utility Payments
October 03, 2021  |  Payment Methods

Money transfer, foreign exchange (FX) and payment solutions company GCC Exchange, based in the United Arab Emirates, has entered into a partnership with Paykii to...

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Visa, Mashreq Team On UAE SMB Onboarding
Visa, Mashreq Team On UAE SMB Onboarding
August 15, 2021  |  B2B Payments

United Arab Emirates-based card acceptance provider Mashreq is now working with Visa to put out a new rapid seller onboarding program to help with digital...

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Abu Dhabi Islamic Bank, Visa Launch eCommerce Biometrics In UAE
Abu Dhabi Islamic Bank, Visa Launch eCommerce Biometrics In UAE
June 08, 2021  |  Authentication

The first biometrics authentication solution for online transactions in the United Arab Emirates (UAE) is being introduced by Abu Dhabi Islamic Bank (ADIB) in collaboration...

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Payment Rail Competition Heats Up
Payment Rail Competition Heats Up
April 22, 2021  |  B2B Payments

ACH volume hit new records in the year’s first quarter, driven in part by a surge in B2B payments adoption. But as this week’s Payment...

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