Central Bank Financial Inclusion Retail Payments 
The Fintech Times
MAY 23, 2024
UAE-based Comera Pay, the fintech arm of Comera Financial Holding, has received preliminary approval from the Central Bank of the UAE to operate under two key financial licences. This means Comera Pay can now launch payment solutions that provide simpler, more secure transactions for merchants and consumers. “We
The Fintech Times
JULY 18, 2024
After successfully raising $14million in 2023, myZoi , a UAE-based fintech focused on financial inclusion and financial literacy for the underbanked, has launched its first inclusive digital wallet. myZoi seeks to support six out of 17 UN’s Sustainable Development Goals.”
Fintech News
JULY 3, 2024
To facilitate live implementation, the partner central banks and instant payment system operators have agreed to establish a new entity, the Nexus Scheme Organisation (NSO), which will be responsible for managing this rulebook and ensuring its consistent application across the network. Nexus Scheme Organisation (NSO) structure.
The Fintech Times
NOVEMBER 5, 2024
Whizpay Technology was granted the Stored Value Facility (SVF) and Retail Payment Services and Card Schemes (RPSCS) licences to launch the app from the Central Bank of the UAE. Whizmo will be available for download on both the Play Store and App Store. ” Echoing his views, Eric G.
Fintech Finance
MAY 23, 2024
Comera Pay, the fintech subsidiary of Comera Financial Holding , headquartered in Abu Dhabi, UAE, today announced that it was granted an In-Principle Approval from the Central Bank of the UAE to operate under the Stored Value Facilitator (SVF) and Retail Payment System Clearing Service (RPSCS) licenses.
Fintech Finance
FEBRUARY 6, 2024
” NPS-NCS and NEPALPAY are part of the National Payment Switch (NPS) initiative, the core infrastructure for routing and settlement of retail transactions to ensure interoperability of card and non-card-based payments within Nepal. Of these, 81% utilize banking services, and 9% opt for other formal financial services.
The Fintech Times
SEPTEMBER 10, 2024
Digital adoption, already high before Covid-19, surged during the country’s strict pandemic policies, alongside a boom in e-commerce and financial inclusion efforts for individuals and SMEs. For instance, Chinese retail web sales surpassed $2.1trillion in 2023, double that of the US. With over 1.4
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