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Banque Misr joins forces with SAP to enhance business continuity

Egypt’s second-largest state lender Bank Misr has joined forces with SAP to ensure banking business continuity and digital employee engagement as part of the...

Egyptian fintech startup valU raises $12.4M, valuation touches $247.4M

Egyptian buy now pay later (BNPL) firm valU said Monday that it has secured a $12.4 million capital injection from the Alhokair Family, valuing...

“OPay” announces the launch of its first store in Egypt

OPay Egypt announced the opening of its first “OPay” store in Egypt in the Downtown area in the 5th Settlement, to offer all the...

Finastra partners with DataGear to help corporate banks in Egypt optimize core processes

Finastra announced its partnership with DataGear, a leading service provider for banking and financial services in Egypt, to enable corporate banks to rationalize core...

Barclays selects HPE GreenLake for Private Cloud Platform

Hewlett Packard Enterprise announced that Barclays has selected HPE GreenLake to deliver its global private cloud platform. The bank has signed a strategic cloud...

Uber joins forces with Paymob to broaden in-app payment solutions in Egypt

Uber announced its partnership with Paymob, the leading digital payment service provider, to expand payment options on the Uber app, in a bid to...

Mastercard and ProgressSoft partner to simplify remittance solutions across Middle East and North Africa

Mastercard has entered into a strategic partnership with the real-time payment solutions company, ProgressSoft, to ease the integration of Mastercard Cross-Border Services and accelerate...

Payment Modernization: Why is it a priority for traditional banks

Ove the last few years, one area of banking that has undergone a massive shift is Payments. Rapid urbanization, advances in technology, and the...

How is Open Banking transforming Europe?

Open Banking is a new revenue stream for banks. UK and Europe were the early adopters of open banking. Banks such as N26, Revolut...

How CFOs can be the custodians of AI endeavours for Middle East enterprises

Artificial intelligence was in ascendence in the Middle East prior to the global pandemic. A PwC estimate tipped it to be a US$320 billion...

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