Tag: Cross-Border Payment
Bahrain’s BENEFIT inks MoU with Buna to facilitate cross-border payments
BENEFIT, the operator of the national electronic payment systems in Bahrain, has entered into a partnership with the Arab payment system Buna in order...
Emirates NBD join forces with Buna to boost cross-border transactions
Emirates NBD, a leading banking group in the Middle East, North Africa, and Turkey (MENAT) region, has entered into a partnership with the Arab...
Saudi British Bank joins Buna for secure cross-border payment
The Saudi British Bank (SABB) has joined Buna, the Arab payment system operated by Arab Regional Payments Clearing and Settlement Organization (ARPCSO), a subsidiary...
ADCB joins ‘Buna’ system to boost regional cross-border payments
Abu Dhabi Commercial Bank (ADCB) has joined the Arab Monetary Fund (AMF)’s Buna system in order to provide its customers with an enhanced regional...
Dubai’s DIB becomes 1st Islamic bank in UAE to join AMF’s...
Dubai Islamic Bank (DIB), UAE's largest Islamic bank, has become the first Islamic bank in the country to go live with the Arab Monetary...
Al Fardan Exchange, Singapore’s Thunes join to enable instant payment
One of the largest money transfer and currency exchange firms in the UAE, Al Fardan Exchange has teamed up with Singapore-based cross-border transactions service...
Arab Monetary Fund, UPI strike MoU to boost cross-border payment
The Arab Monetary Fund (AMF) has signed a Memorandum of Understanding (MoU) with the UnionPay International (UPI), China-based financial services provider, to establish cooperation...
Mashreq seals partnership deal with Israeli cyber security firm ThetaRay
UAE’s leading financial institution, Mashreq Bank has entered into a partnership with Israel-based cyber security and big data analytics company, ThetaRay to monitor transactions.
The...
