Sat.Dec 14, 2024

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Apple Pay Launches in Egypt in Partnership with Mastercard and CBE

The Fintech Times

Apple Pay has launched in Egypt, following a collaboration between Mastercard, the Central Bank of Egypt (CBE) and the Egyptian Banks Company (EBC). This service enables secure and private payments via Apple devices, such as iPhones, Apple Watches, iPads, and Macs, in various purchasing scenarios. It employs biometric authentications like Face ID and Touch ID to enhance transaction security with a unique dynamic security code for each transaction.

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Reflecting on Announcements from Abu Dhabi Finance Week: From AI to Crypto to Regulation

The Fintech Times

Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan , Crown Prince of Abu Dhabi and chairman of the Abu Dhabi Executive Council , Abu Dhabi Finance Week (ADFW) 2024 got underway on 9 December 2024. With the third edition of the event concluding on 12 December, we reflect on some of the biggest and most exciting announcements made at ADFW.

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AbbyPay Launched by PCG and BBMSL to Improve Asia-Pacific Payment Systems

The Fintech Times

The Payment Cards Group Limited (PCG) , a cloud-native payment processor and acquirer, has teamed up with Black Bear Merchant Services Limited to launch a new brand – AbbyPay. Under the new strategic alliance, AbbyPay will use PCG’s position as an acquirer with major card schemes like Visa, MasterCard, AMEX, UnionPay and JCB. The partnership will also leverage PCGs cloud-based payment platform, A3A, to serve BBMSL’s customer base effectively.

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Visa Direct to Accelerate Fund Transfers to Under a Minute by 2025

The Fintech Times

Visa is enhancing its Visa Direct service to enable rapid transfers, making funds available in US bank accounts within one minute starting in April 2025. Visa Direct, a service that facilitates real-time money transfers across various platforms, will enhance its capabilities to speed up the availability of funds in bank accounts. Starting April 2025, consumers, businesses and governments will be able to use Visa Direct to swiftly deposit funds into accounts linked to eligible debit cards.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

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Work in Fintech Partners with payabl. to Boost Diversity in Fintech Careers

The Fintech Times

Work in Fintech, the social project aiming to increase diversity and social mobility for young people in fintech and web3, has welcomed European fintech provider payabl. as its first paytech partner. This collaboration will support Work in Fintechs various initiatives, including education and engagement programmes designed to prepare graduates for careers in financial technology. payabl. will contribute to activities, including hosting lectures, hackathons, virtual and in-person events for gradu

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