Tag: #CrossBorderPayments
Citi collaborates with Arab Bank to offer 24/7 USD payments across its global network
Citi and Arab Bank, a financial institution in the Middle East and North Africa region, announced a collaboration to bring Citi’s 24/7 U.S. Dollar...
Mashreq collaborates with Citi and Swift to advance always-on cross-border payments using Swift’s blockchain...
Mashreq, a financial institution in the MENA region, has successfully completed a live transaction with Citi using Swift’s blockchain ledger infrastructure, marking an important...
Citi Token Services expands global footprint into UAE and Japan
Citi announced the expansion of Citi Token Services into UAE and Japan, advancing our strategy to build a more connected, always-on financial ecosystem for...
Commercial Bank of Dubai becomes first bank outside Europe to join the CBMT network
Commercial Bank of Dubai announced that it has joined the Commercial Bank Money Token (CBMT) initiative, the first bank from outside Europe to join...
Mambu and Mastercard join forces to simplify cross-border payments for banks in the Middle...
Mambu and Mastercard have announced a strategic collaboration that will make it easier for financial institutions using Mambu to offer fast, secure and transparent...
Swift and its community innovate to bring ease of domestic consumer payments to cross-border...
Swift and its global community are taking another step towards making international payments as seamless as domestic ones.
Today, millions of consumers use systems such...
FAB completes live tokenized deposit milestone with Citi through Swift Ledger
First Abu Dhabi Bank (FAB), the UAE's global bank, has successfully completed live USD transactions at scale as part of Swift’s Ledger Minimum Viable...
Global payment networks and interoperability momentum
Far from being a standalone banking function, the role of payments has transformed. Now sitting at the centre of everyday life, payments are embedded...
Al Ansari Financial Services expands regional footprint through Western Union partnerships in Bahrain and...
Al Ansari Financial Services PJSC, the financial institution in the GCC, has strengthened its regional cross-border payments platform through new partnerships between its subsidiaries,...
du Pay and GCash bring instant wallet-to-wallet remittances and exclusive rewards to the UAE’s...
du Pay, the advanced digital financial services subsidiary of du, has launched a campaign in partnership with Gcash, the Philippines' mobile wallet, operated by...