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PayFort registers new business in Saudi ArabiaPayFort, an Amazon company, has registered a new wholly owned payment solutions company in Saudi Arabia via the Saudi Arabian General Investment Authority (Sagia). The new foreign business license is the first license of its kind More… |
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Telr welcomes new senior leadership teamTelr, a leading online payment solution provider in the region has appointed Wisam Fadel as chief technology officer (CTO) and Pretam Raikar, as head of Sales for Telr in the UAE. The new leadership team will play a critical role More… |
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Mastercard unveils innovation centre in DubaiMastercard, a leading technology company in the global payments industry, has unveiled its newest payment solutions and groundbreaking technologies at the latest release of its ‘MEA Innovation Showcase’ in Dubai, UAE. More… |
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Sage enters distribution partnership with Josor in Saudi ArabiaSage, a market leader for integrated accounting, payroll and payment systems, has appointed Josor as its business development and distribution partner for Sage X3, Sage X3 People, Sage 300 and Sage CRM business management solutions in Saudi Arab More… |
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Payment solutions account for 40pc of fintech in GCCPayment solutions account for approximately 40 per cent of all financial technology (fintech) business in the GCC, said a new report by The Boston Consulting Group (BCG), a global management consulting firm. fintech companies in t More… |
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Visa in talks to buy former subsidiary for $20bnVisa, a global leader in payment solutions, is in preliminary talks to buy former subsidiary Visa Europe, in a deal that could be valued at up to $20 billion, Bloomberg reported, citing people with knowledge of the matter. The tal More… |
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Bank of Palestine 9-month profit up 14pcBank of Palestine (BoP), the country's largest bank, has reported $31.6 million profit for the first nine months, up 14 per cent compared to $27.7 million last year. At the end of September 2011, Bank of Palestine's total assets su More… |
