In a first for the EEMEA region, First Abu Dhabi Bank (FAB) and Mastercard have officially launched Mastercard’s proprietary mobile-first virtual card number (VCN) solution for businesses. This innovative solution enables enterprises and government entities to issue and manage virtual corporate cards while integrating them into mobile wallets - for flexible, efficient and secure payments.

The Payment Systems Regulator (PSR) has set out changes that will give businesses more information on the card payment fees they pay. This follows its market review which found Mastercard and Visa don’t face competition with fees rising and a lack of clarity on how much businesses will have to pay to accept card payments.

Banks and payment providers with strong fraud controls will be able to set their own limit for contactless payments, allowing them to better respond to changing consumer demands, inflation and new technology. They are also being encouraged to let customers set their own limit, or turn contactless off altogether, as many high street banks already do.  

Globant, a digitally native company that helps organizations thrive in a digital and AI-powered future, has achieved the Amazon Web Services (AWS) Financial Services Competency. As an AWS Premier Tier Services Partner, Globant is among an elite global network of partners validated by AWS Solution Architects for their proven impact, technical excellence, and customer success in highly regulated financial services environments.

Bitget and UNICEF have joined forces to empower young girls in Cambodia prepare to thrive in a digital economy through an unexpected entry point: video game development.

Post Office has signed a new five-year agreement with Cash Access UK to continue operating Banking Hubs across the UK. Post Office already operates 200 Banking Hubs and will play a central role in delivering on the Government’s ambition to have 350 Banking Hubs operating by the end of this Parliament.

Moneyhash is collaborating with Mastercard to expand merchant access to its Merchant Cloud platform across the Middle East and Africa. By connecting to Mastercard’s Gateway through a single unified API, merchants can simplify integration, streamline operations and enhance payment performance across markets.

INXY Payments, the stablecoin-powered financial infrastructure platform for global businesses, revealed a structural shift in how companies across multiple sectors are adopting stablecoins as an operational payment rail. This data is drawn from the company’s internal analytics. The business has surpassed $2 billion in annual transaction volume, representing 500% year-on-year growth.

Nodu, a stablecoin infrastructure startup making digital assets work within traditional finance, announced today that it has closed a $1.45 million pre-seed round led by Digital Space Ventures. Nodu’s long-term vision is to connect over 170 countries into one seamless payment network, where stablecoins act as the universal bridge between currencies, systems, and economies.