News

Every fifth user in the Middle East lost money from an incident involving digital payments

March 8, 2023

Deepak Singh

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According to the Kaspersky Digital Payment survey, 18% of respondents from the Middle East experienced financial losses associated with threats when using online banking and mobile wallet services. The majority of users (92%) lost up to USD $1,000 as a result of these incidents, while (8%) of the respondents reported a loss of more than […]

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News

Fawry, Classera to accelerate digital payments in education

December 26, 2022

Deepak Singh

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Under the partnership between Fawry and Classera, the former will provide all technology solutions and integrated digital payments services to Classera customers to facilitate the payment of tuition fees for students, and automation of payment systems to reduce cash financial transactions. FinTech and banking services company Fawry has signed a strategic partnership with education management […]

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Cloud

E-finance, IBM partner to expand cloud computing services in Egypt

November 15, 2022

Deepak Singh

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E-finance has partnered with IBM to expand its digital payment services and give clients access to hybrid cloud environments to make secure payments. Under this partnership, e-finance is leveraging the latest IBM Power servers to upgrade its current infrastructure as a service (IaaS). E-finance has partnered with IBM to expand its digital payment services and […]

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Digital Transformation

Uber and Mastercard partner to boost digital payment acceptance

April 7, 2021

Subha Bhargavi

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Uber’s long-term partnership with Mastercard continues to grow with a new strategic initiative focusing on digital payments and advancing financial inclusions which will be facilitated by Mastercard across the Middle East and Africa (MEA).

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