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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.

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Telr Has Been Granted the Retail Payment Services License from the Central Bank of the UAE

Fintech Finance

Telr , an award-winning leader in digital payments across MENA, has secured a Retail Payment Services License (RPS) by the Central Bank of the UAE, marking a transformative milestone in its mission to drive financial innovation and seamless digital transactions.

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Australia Central Bank Unveils 3-Year Digital Money Plan

Fintech News

Australia has unveiled a three-year initiative to explore the potential of central bank digital currencies (CBDCs) with a focus on wholesale CBDC opportunities, industry outreach and regulatory improvements, Brad Jones, Assistant Governor (Financial System) at the Reserve Bank of Australia (RBA), told the audience at an industry event in September.

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European Central Bank Lays Foundations for Potential Issuance of Digital Euro in New Progress Report

The Fintech Times

In November 2023, the European Central Bank (ECB) began the preparation phase of a digital euro. In the time since the initial preparation phase, the ECB has updated its digital euro scheme rulebook to harmonise digital euro payments across the euro area. It will also explore other innovative use cases for a digital euro.

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Nuvei Secures Retail Services Category II License From the Central Bank of the UAE

Fintech Finance

Expanding our global licenses portfolio has been a key focus in this regard, and we can now offer the full power of our payment platform to support the growth aspirations of businesses operating in the UAE.” The post Nuvei Secures Retail Services Category II License From the Central Bank of the UAE appeared first on Fintech Finance.

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2024 Payment Methods Report: Overview, Insights, and Statistics

Clearly Payments

America Biometric Payments 2 Global, especially mobile-first markets Cash Payments 5 Emerging Markets, some developed regions Central Bank Digital Currencies (CBDCs) 1 Asia, Caribbean Credit Cards Overview : Credit cards allow consumers to make purchases on credit, paying later and often with interest.

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Sweden's Riksbank presents case for modernisation of retail payments infrastructure

Finextra

Sweden's central bank says the country's retail payment infrastructure needs to be modernised to accommodate more instant payments and third party access to payment and settlement rails.