Paymob, the leading omnichannel payments facilitator in MENAP, today embarked on the next phase of its regional expansion in the U.A.E. market. This step marks an important milestone in Paymob’s global growth plans, fueled by recent Series B funding led by PayPal Ventures. Paymob plans to make a sizeable investment in the U.A.E. market over the next three years. 

London-based global fintech Unlimint has, today, announced the launch of GateFi, marking their expansion into the crypto space. The solution allows users across the globe to seamlessly exchange fiat money to crypto and crypto to fiat money, while also acting as a Web3 onboarding solution, that opens the gates to Web 3 and DeFi for mainstream users everywhere.

MoneyGram users in the US can now buy, sell and hold cryptocurrency via the money transfer firm's mobile app.

Available to customers in nearly all US states for Bitcoin, Ethereum and Litecoin, MoneyGram plans to expand the service to more markets and more coins.

PayTabs — Middle East, Africa, and South Asia’s (MEASA’s) award-winning payments powerhouse — in a historic move announced that it plans to acquire a 100% stake in Digital Pay, Saudi Arabia.

Under the terms of the acquisition, Digital Pay will serve as PayTabs’ flagship point of sale (POS) terminal product, enabling and augmenting millions of e-commerce and retail businesses as well as physical stores, hypermarkets, and departmental stores to benefit.

Nuvei Corporation, the Canadian fintech company, announces the appointment of Vicky Bindra as Chief Product and Operations Officer, effective November 14, 2022.

Today Square, the technology company helping businesses of all sizes more easily run and grow their business with its integrated ecosystem of commerce solutions, announces the launch of Square Appointments. The product is now available to all sellers in the Republic of Ireland and provides a combined solution that integrates booking software with an all-in-one point of sale built for the Beauty and Personal Care sector. 

The growth of contactless biometric payment cards has gained even more momentum in 2022. With recent launches in Morocco, and more on the horizon, it is an exciting time for the technology.

As adoption of biometric authentication increases, so does the need to ensure that biometric systems are resistant to attacks. Presentation attacks, such as spoofing, which aim to "spoof" a biometric verification or identification procedure, can compromise biometric authentication. Fime is exploring how to transform genuine biometric images into synthetic spoofs and evaluate the robustness of biometric systems in detecting presentation attacks.

Global payment service provider, Computop, has today announced the launch of its new Cloud POS Interface, a solution that will allow retailers to operate card terminals from any web-based ERP, store, or POS system through the Computop Paygate.

smartKYC, the world’s most advanced multilingual semantic search engine, has been recognized as one of the top category leaders across the 2022 Chartis KYC Solutions Market Update and Vendor Landscape report. 

smartKYC was rated ‘best in class’ for reporting and customer profile enrichment, recognising smartKYC’s industry-leading solutions in potential markets of customer satisfaction and growth strategy.