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“Paymentology’s unique cloud-native issuer processor platform is driving innovation in card issuance in the Middle East and we remain at the forefront of this innovation in this part of the world,”Nauman Hassan, Director for Client Services at Paymentology, says.

Founders of digital asset and blockchain companies participating in new Start Path program aim to address a host of pain points including asset tokenization, digital security and seamless access between the traditional and digital economy.

Mastercard and its partners will test this new capability to enable more banks and crypto companies to offer a card option to people wanting to spend their digital assets anywhere Mastercard is accepted.

Rinklin brings nearly 30 years’ experience in building and scaling world-class teams for fast-growing organizations. He joins from VMware’s security division, Carbon Black, where he served as the global marketing leader.

Nicholas Watson, Managing Director said, “Our technology stack and SaaS platform have allowed us to scale our fleet of cars, customers, and trip counts five times faster than traditional market players. With our new strategic investors, we now have unfettered access to invaluable experience in regional market dynamics, FinTech, and mobility—a perfect combination for where we are heading.”

The world’s leading financial and FinTech institutions are based at DIFC and we are delighted to welcome Napier into the fold. Our new Innovation Hub is the region’s largest and most comprehensive innovation ecosystem and provides FinTechs at all stages of their evolution with unparalleled access to a community of like-minded entrepreneurs, experts and technology innovators such as Napier.

PayBy has enabled a safe and convenient option for all – including those who are social distancing or unable to meet in person – to share the joy of Eid virtually with family and friends.

majority of shoppers (87%)want retailers to maintain cross-channel flexibilities on digital and physical offerings. E-commerce is unlikely to completely replace physical stores, as consumers are still deeply attached to the social experience of shopping.

DIFC Innovation Hub is home to start-ups such as YAP, Sarwa, Baraka, StashAway, Ebury, Adyen and Mamo as well as Thunderbird School of Global Management, which is part of Arizona State University and recognised as the most innovative college in the US for the sixth year running and has chosen to set up its Global Innovation Centre in DIFC.

Tweeq will allow users open a feature-rich spending account in a matter of seconds through their mobile app – where they can immediately start receiving and making payments, set monthly budgets and long-term financial goals.