Bank Alfalah, a leading commercial bank in Pakistan with a network of over 1,000 branches, has announced its acquisition of a 9.9% equity stake in Jingle Pay, one of the fastest growing fintechs in the MENAP region. The Bank's fintech investment underscores its commitment to driving digital transformation and fostering financial inclusion across key markets.

Nevermined, the leading provider of AI payment infrastructure for AI-to-AI transactions, today announced it has raised over $4 million in funding to accelerate the adoption of AI-Commerce by enabling AI agents to pay and get paid. The round was led by Generative Ventures, with participation from Polymorphic Capital, NEAR, Halo Capital, Factor Capital, Lyrik Ventures and Arca.

The 2024 holiday shopping season shattered records, with consumers spending $1.2 trillion online globally and $282 billion in the United States, according to a Salesforce report released Monday.

SRM announced a new partnership with the New Hampshire Bankers Association (NHBA). The NHBA will recognize SRM as an official Preferred Partner. This distinguishes SRM as a trusted specialist that New Hampshire banks and bankers can rely on for operational excellence and optimization, including vendor sourcing and RFP support and diplomatic contract negotiations related to signature card networks and payments vendors.

When we think of chargebacks, it’s easy to assume they’re solely an issue for retailers, particularly eCommerce merchants who face high volumes of online fraud. Yet, chargebacks are a growing problem for financial institutions (FIs) as well.

Airwallex, a leading global payments and financial platform for modern businesses, today announced its partnership with Carwow

Mastercard has introduced the latest expansion of its innovative Mastercard Crypto Credential solution to the UAE and Kazakhstan, marking its debut in the Eastern Europe, Middle East and Africa (EEMEA) region.  

Telr, the award-winning online payment gateway in the MENA, serving over 30,000 merchants across the region, today announced a strategic partnership with Apaya, the leading commerce automation platform in the Middle East and Africa.

This partnership combines Telr's comprehensive payment solutions in the UAE, KSA, Bahrain and Jordan, with Apaya's no-code commerce automation platform, enabling merchants to build and scale world-class payment experiences with just a few clicks.

IXOPAY, a leading enterprise payment orchestration platform, and Riskified, a leader in ecommerce fraud and risk intelligence, today announced a strategic partnership to enhance payment security, reduce fraud challenges and increase payment operation resilience. As global payment ecosystems become more complex, so do the associated risks. IXOPAY and Riskified are teaming up to provide businesses with a seamless, secure and efficient way to enhance their payments orchestration and effectively repel fraud threats.