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HyperPay Obtains License From the Saudi Central Bank to Expand Digital Payment Services in the Kingdom

Fintech Finance

The Saudi Central Bank (SAMA) has announced the granting of a license to HyperPay Inc. Muhannad Ebwini, Founder and CEO of HyperPay said, said: “We are proud to have received this license from the Saudi Central Bank, which represents a significant milestone in enhancing our leadership in the electronic payment sector.

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Central Bank of Brazil Approves PayRetailers’ Acquisition of Transfeera

Fintech Finance

The Administrative Council for Economic Defense (CADE) and the Central Bank of Brazil (BCB) have officially approved the acquisition of Transfeera , a fintech specialised in payment solutions for businesses, by PayRetailers , a leading payments processor in Latin America and Africa.

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India in Talks to Forge New Cross-Border Payment Linkages, Says RBI

Fintech News

Additionally, the RBI is collaborating with central banks across Southeast Asia to create a platform enabling instant cross-border transactions, aligning with the region’s push for financial integration. India’s initiatives are also closely tied to its exploration of central bank digital currencies (CBDCs).

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

Fintech Finance

PayMint , a leading financial technology company, has announced that it has obtained final approval from the Central Bank of Egypt to launch its first Meeza prepaid cards in partnership with Abu Dhabi Islamic Bank Egypt (ADIB-Egypt).

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The Next Step For Pix: PagBrasil Receives Payment Institution Licence From Central Bank of Brazil

The Fintech Times

The Central Bank of Brazil has authorised the digital payments organisation, PagBrasil to operate as a payment institution (PI) in the electronic money issuer category. The PI licence is a testament to our strength, now officially recognised by the Central Bank.

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Australia Launches Major Tokenisation Pilot with Central Bank and Industry Players

The Fintech Times

Australia’s central bank and a government-backed research centre have selected 24 industry participants to trial digital settlement systems for tokenised assets, in a project exploring the future of wholesale finance. The pilots span asset classes such as fixed income, private markets, trade receivables and carbon credits.

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Paymob Secures UAE Central Bank License, Cementing Its Role as a Regional Fintech Leader

Fintech Finance

Paymob , the leading financial services enabler in MENA-P, announces it has been granted the Retail Payment Services License by the Central Bank of the UAE (CBUAE) after successfully meeting all regulatory conditions and requirements through a rigorous approval process.