Browsing: cross-border payments

The UAE and EU are seeking to strengthen diplomatic and economic relations, enhancing their $67.6bn trade partnership.

Hubpay, a leading UAE-based cross-border payments platform, has partnered with Aquanow, a global digital asset…

Careem Pay, the fintech arm of the Careem Everything App, has expanded its international remittance service, introducing 18 new European corridors to improve cross-border money transfers for UAE residents.

QUBE Events is excited to bring back the NextGen Payments & RegTech Forum series to…

At Davos 2025, DP World introduced its groundbreaking multi-currency stablecoin solution, designed to tackle the…

The second edition of the Arab Payment Week (APW) is set to begin today and will continue until 29 January 2025, at the Sheraton Abu Dhabi Hotel and Resort. Organized by Buna, the cross-border payment system for the Arab world, the event provides a platform for experts and leaders in the financial sector to discuss developments in payments and financial services, explore ways to strengthen the sector’s future, and ensure its sustainability.

Ripple, a prominent provider of crypto payments infrastructure, has received in-principle approval for a financial…

Abu Dhabi’s Phoenix Group has partnered with cryptocurrency firm Tether to launch a stablecoin linked to the UAE dirham, aiming to meet the rising demand for the Gulf currency and provide an alternative to the US dollar.

Indian tourists visiting the UAE will soon be able to make payments across the country…

The Central Bank of the UAE (CBUAE), in collaboration with the Bank for International Settlements Innovation Hub Hong Kong Centre, the Hong Kong Monetary Authority, the Bank of Thailand, and the Digital Currency Institute of the People’s Bank of China, has launched the Minimum Viable Product (MVP) platform of the mBridge project – a multi-central bank digital currency (CBDC) common platform for wholesale cross-border payments and settlement. This marks the debut of the first multi-CBDC platform to reach the MVP phase, ready for use by early adopters.