MENA tokenized transaction volume grew 344.9% year-on-year, with approval rates rising faster than the global average. The region isn't catching up on tokenization, it's ahead of it, and that changes what card-issuing infrastructure needs to do.
The CBUAE requires banks and payment providers in the UAE to run fraud awareness campaigns each year. Here is what that awareness actually looks like: practical tips on passwords, OTPs, phishing, and what to do if fraud is suspected.
Fintechs, telcos, retailers, and PSPs are building wallets without becoming banks. Here is the infrastructure that has to sit underneath one to work: real-time balances, tokenized issuing, funds movement, and fraud controls.
Banks don't have a payments problem. They have a payments architecture problem. Full-stack payments infrastructure — one platform across every capability, on a shared real-time data core — is the structural answer.
Qashio launched a complete multi-currency B2B card program on NymCard — issuing, processing, settlement, and program management in one stack, embedded directly into its platform.
Fake alerts, suspicious links, and urgent requests are some of the most common card fraud tactics today — and they’re getting harder to spot.
Payments infrastructure is becoming a strategic platform decision
Building Trust in Open Finance in the UAE
Credit is entering a pivotal new era. As customer expectations shift, regulations tighten, and digital ecosystems expand, banks are rethinking how credit should be built, delivered, and managed. The next generation of credit won’t be defined by interest rates or loan sizes — b…
A quick guide to staying safe
Small and medium-sized enterprises (SMEs) drive over 90% of global businesses - yet face a financing gap of $5.7 trillion. For banks, that gap isn’t just a challenge; it’s a massive opportunity to build the next era of business banking.
As digital payments scale across the MENAP region, card programs are becoming increasingly diverse, from gift and reward cards to fully digital credit and multicurrency card programs.
The way people interact with money is being rewritten. Instant payments, digital identity, and personalized insights have raised expectations — users now demand banking experiences that are fast, intuitive, and secure.
Many guides stop at five ‘must-haves’ for modern card issuing. In practice, winning programs need more. The realities of today’s payment ecosystems — from scheme connectivity and digital onboarding to lending capabilities, tokenization, and evolving regulation — demand more th…
Commercial payments globally today are seeing a major transformation. Studies show that businesses that adopted commercial payments saw a 132% ROI in just three years. Commercial cards alone reduced Days Sales Outstanding (DSO) from 45 days to 15 days while improving debt coll…
The financial services industry is at a critical turning point. APIs are now driving 40% of revenue growth in financial institutions across the globe by enabling cross-platform integrations and personalised services. This shift is powering an era where banks and financial inst…
In the UAE, the financial sector is governed by robust laws designed to protect your money, your data, and your choices. But here’s the truth — rights are only powerful if you know them, and responsibilities only work if you act on them.
For years, B2B payments in the MENA region have lagged behind consumer payments. While retail transactions are rapidly digitizing, B2B payments remain fragmented, inefficient and burdened by legacy processes. The result? Delayed settlements, high costs, and manual reconciliati…
Starting July 25, 2024, the Central Bank of the UAE will begin implementing a major security change: banks will no longer send one-time passwords (OTPs) via SMS or email for credit and debit card transactions. Instead, institutions must adopt stronger authentication methods, s…
In the Middle East, the race to harness AI is intensifying. AI is set to add $320 billion to MENA’s economy by 2030, with Saudi Arabia alone contributing $135 billion. With AI adoption growing at 20-34% annually, banks and fintechs are rapidly evolving their lending strategies…
As NymCard sets the stage for an ambitious 2025, we caught up with Mario Wehbe, our Chief Product Officer, to discuss how embedded finance is evolving - and how we’re leading that transformation. From AI-driven lending and money movement to redefining the speed and flexibility…
As the leading enabler of embedded finance in MENA, we’ve witnessed firsthand how financial services are becoming increasingly and seamlessly integrated into everyday customer experiences. Globally, the embedded finance market was valued at $82.7 billion in 2023 and is project…
Transcript
Success stories are typically marked by milestones, and as of today we are proud to announce a significant point in our journey.
We sat down with Omar ElMoataz, NymCard's Country Manager for Egypt. In this conversation, Omar shares his approach for NymCard's role in the Egyptian market, and how NymCard plans to leverage its regional expertise.
In a bold move to enhance efficiency and service quality, the UAE Government has launched the Zero Government Bureaucracy (ZGB) programme.
We’re excited to officially announce a significant expansion in our capabilities here at NymCard.
We are thrilled to unveil our revolutionary credit card platform tailored to meet the unique needs of the MENA market. This cutting-edge solution empowers banks and financial institutions to redefine customer loyalty through highly configurable and personalized credit card pro…
Financial security has become a vital part of our toolkit in this hyper–connected digital age. With the rise of online transactions and the prevalence of financial scams, it’s extremely important to stay vigilant and proactive in safeguarding your finances.
Saudi Arabia's traditional banks are strategically adapting to the evolving financial landscape driven by technological advancements in line with Saudi Arabia’s Vision 2030. With a prominent lineup of banks in the region, including Al Rajhi Bank, Riyad Bank, and Saudi British…
The world around us is changing rapidly. Across all industries, sectors, and geographies, digital technologies create new business models and enhance customer experience.
Our team has been hard at work to bring you and your customers enhancements across various categories this quarter. In this update, we are introducing new features such as tokenization, detailed fee descriptions, additional transaction information, new web-hook events, improve…
How You Can Capture a Piece of the $200B Cross-Border Payments Market We’re all hearing about the post-pandemic travel boom - in 2022, around 900 million tourists took to the skies internationally [1], with that number expected to grow by 30% in 2023 [2]. With this resurgence…
