#Payments

Saudi banks sign supply chain financing deal with government

The Finance Ministry has partnered with Saudi British Bank, Samba Financial Group and National Commercial Bank

FinTech firm Ripple chooses Dubai’s DIFC for regional headquarters

Financial institutions across more than 45 countries already use RippleNet

Central Banks want digital currencies that don’t nudge out cash

Digital money will have to co-exist with cash and other forms of tender

GCC payment revenue growth subdued by Covid-19: report

BCG predicts GCC’s payment revenue pool will expand by 1.1 per cent annually

Mastercard taps Microsoft Azure to boost R&D in ecommerce, fintech

Azure to serve as native cloud infrastructure for Mastercard Labs’ R&D efforts