The Central Bank of Egypt approves licenses for mobile contactless payment
The new service is a part of the government’s strategy to support...
Category Banking and Finance
Singapore and Malaysia’s central banks link PayNow and DuitNow
The first phase of linking will launch in the fourth quarter of...
JP Morgan to launch its highly-anticipated digital bank Chase in the UK
The firm plans to expand its presence in Europe and LatAm...
Standard Chartered to drive sustainable finance and capital markets in Saudi Arabia
Standard Chartered started offering banking services through its branch in Saudi Arabia...
GBO
Magazine
Aseer’s growth engine accelerates
StanChart partners with Singapore Union to launch a digital-only bank
The lender will invest $107mn and own 60% of the bank in...
UAE’s major lenders announce $4 bn profit during H1: Moody’s
Moody’s reported that four major bank’s combined net profit increased from last...
Top 10 UAE banks report positive growth during Q2 2021
Return of equity (RoE) reached the highest level of 10.9% for the...
Qatar’s top banks report a net profit of $3.2 bn during H1 2021
The net profit surge is due to a rise in interest and...
South Africa’s Bank Zero finally launches after three years
The launch was partly delayed due to the Covid-19 pandemic related challenges...
Neobank Jupiter receives funding of $45 mn co-led by Nubank
Jupiter will roll out a BNPL product using its country’s online transaction...