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PayMint Fintech Receives Approval From the Central Bank of Egypt to Launch Its First Meeza Prepaid Cards

Fintech Finance

The new card will allow PayMint customers to perform daily transactions such as cash withdrawals, purchases, and online shopping within Egypt. Cardholders can also monitor their usage, check their available balance, and manage their cards through the mobile application.

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Singapore Reports S$1.2 Million in Losses from Phishing Scams Targeting Mobile Wallets

Fintech News

Singapore authorities and banks are ramping up efforts to tackle a growing scam where fraudsters steal card details through phishing and trick victims into providing an OTP. This allows scammers to fraudulently provision stolen card credentials onto their mobile wallets for unauthorised contactless transactions.

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payabl. Launches Virtual Business Cards to Empower Smarter Business Spending

Fintech Finance

has launched its Virtual Business Cards service, a digital payment solution designed to give businesses greater control, security, and visibility over their spending. Businesses can generate cards instantly, assign them to team members, set spending limits, and freeze/unfreeze access when needed.

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Checkout.com and Visa Join Forces to Launch Push-to-Card in UAE

The Fintech Times

Merchants and consumers in the UAE are going to have greater accessibility to make real-time transactions following a new partnership between digital payments firm, Checkout.com and payments juggernaut, Visa. In response to this shift, account funding transactions (AFTs) are gaining significant traction in the UAE.

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OCBC Singapore Users Faced Temporary Online Banking Disruption

Fintech News

Singapore’s OCBC Bank experienced technical difficulties on 1 September (Sunday) that temporarily disrupted its internet and mobile banking services. Customers encountered challenges accessing their accounts and conducting online transactions.

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Chase Card Services President On Why It’s Time For Cards To Tap And Go

PYMNTS

The effort is broad and far-reaching, considering how more than 90 million debit and credit cards are wielded by Chase customers across the United States. In terms of other hard data, Visa noted that 40 percent of its own transactions done outside the United States are done through tap-and-pay means. In the U.S.,

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Sharpening The Swiss Army Knife Potential Of Mobile Card Services

PYMNTS

Mobile card services could be the Swiss Army knife of card management for consumers, because of the capabilities they can make easily accessible to the customer or business using them. They also put a rather high value on real-time notifications, and the ability to customize their allowable card uses. So what gives?