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Banking and Finance

Banking and Finance latest

Visa Accelerates Stablecoin Momentum: Adding Five Blockchains for Settlement
April 30th, 2026 - 05:50 GMT

Visa Accelerates Stablecoin Momentum: Adding Five Blockchains for Settlement

Today, Visa (NYSE: V) announced that it is adding five blockchains to its global stablecoin settlement pilot, expanding how issuers and acquirers can settle with the network. As stablecoins move into mainstream payment flows, Visa’s stablecoin settlement pilot now supports nine blockchains and has reached a $7 billion annualized stablecoin settlement run rate, up 50% since last quarter. “Our partners are building in a multi-chain world, and they expect their options to reflect that reality,” said Rubail Birwadker, Global Head of Growth Products and Strategic Partnerships, Visa. “Expanding our stablecoin ...
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Dubai Islamic Bank 1st Quarter 2020 Group Financial Results
April 30th, 2020 - 08:00 GMT

Dubai Islamic Bank 1st Quarter 2020 Group Financial Results

According to global consumer sentiment data, more than 70 percent of respondents in the Middle East are now using some form of contactless payment
April 30th, 2020 - 07:49 GMT

MasterCard Study Shows Consumers in the Uae Make the Move to Contactless Payments for Everyday Purchases, Seeking Touch-Free Payment Experiences

MoF Receives the Federal General Budget Draft for 2021 From the Federal Entities Through Its Automated Budget Preparation System
April 30th, 2020 - 07:13 GMT

MoF Receives the Federal General Budget Draft for 2021 From the Federal Entities Through Its Automated Budget Preparation System

World Bank Grants Jordan $20 Million Relief Package
April 29th, 2020 - 02:00 GMT

World Bank Grants Jordan $20 Million Relief Package

HSBC Scolded for Blocking Donations to Palestinian Aid Charity
April 29th, 2020 - 10:00 GMT

HSBC Scolded for Blocking Donations to Palestinian Aid Charity

Arab Central Banks: Fast Transition to Digital Services is Key to Support Sustainable Economic Development
April 29th, 2020 - 08:30 GMT

Arab Central Banks: Fast Transition to Digital Services is Key to Support Sustainable Economic Development

HSBC Q1 Profits Slash by Half Amid Pandemic Hit
April 28th, 2020 - 10:00 GMT

HSBC Q1 Profits Slash by Half Amid Pandemic Hit

National Bank of Oman Ramps up COVID-19 Relief Through Annual Ramadan Initiative
April 28th, 2020 - 08:50 GMT

National Bank of Oman Ramps up COVID-19 Relief Through Annual Ramadan Initiative

FAB Reports First Quarter 2020 Group Net Profit of Dh2.4 Billion
April 28th, 2020 - 08:37 GMT

FAB Reports First Quarter 2020 Group Net Profit of Dh2.4 Billion

ENBD REIT Announces Strategic Priorities for 2020-21
April 28th, 2020 - 07:58 GMT

ENBD REIT Announces Strategic Priorities for 2020-21

BisB Mobile App Enables Customers to View Their Accounts From All Banks in Bahrain
April 28th, 2020 - 06:39 GMT

BisB Mobile App Enables Customers to View Their Accounts From All Banks in Bahrain

Lebanon Central Bank Sets Dollar Price for FX Dealers at 3,200 Pounds
April 27th, 2020 - 07:00 GMT

Lebanon Central Bank Sets Dollar Price for FX Dealers at 3,200 Pounds

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