UAE bank also evaluating an equity investment in the company, known for their blockchain-based platform for clearing and settlement
Cross-border banking
Latest in Cross-border banking
CBUAE
Project Aperta: UAE joins cross-border finance scheme as it looks to boost SME trade worldwide
CBUAE announces collaboration on project to support cross-border finance and trade for SMEs
Cross-border banking
Digital cross-border transfers in Middle East to see rapid growth: Study
The growth in demand for reliable and affordable money transfer services in the region will be driven by the increasing number of expatriates
Cross-border banking
UAE cross-border payments to surge in 2024
Lower fees, speed, and a simple process were identified as key factors influencing the choice of cross-border payment providers among UAE residents
Bank of London and the Middle East
Digital Islamic bank Nomo launches multi-currency accounts for GCC customers
New currency accounts are linked to the Nomo debit card and Apple Pay, which can be used globally with no international card fees, the bank said