All News and Announcements
Barq and Mastercard Collaborate to Transform Payment Technology in Saudi Arabia
The partnership aims to empower Barq’s customers through Mastercard Gateway by enhancing the payment acceptance capabilities across the Kingdom of Saudi Arabia.
Catalyst for “Transformative Change”: Female Entrepreneurship Fund Launched
The Female Entrepreneurship Fund is a specialized investment vehicle that channels resources from institutional investors to support women entrepreneurs in the Central American Integration System (Sica) region.
Paymentology and Mastercard Join Forces to Foster Financial Inclusions in Northern Central America
Paymentology, the leading global issuer-processor, today announces an expanded partnership with Mastercard to bolster financial inclusion across Guatemala, Honduras, and El Salvador.
SAMA Licenses Fintech Company Loan to Provide Consumer Microfinance Solutions
With the new licensee, there are now six authorized companies offering consumer microfinance solutions in Saudi Arabia.
IrisGuard Partners With Elm to Help Boost Financial Inclusion in the Developing World
The world's first Iris-enabled payment platform and a leading provider of innovative Government digital services collaborate for more efficient, inclusive and trusted distribution social protection payments.
SVC Launches New Investment in Fintech VC Funds Product at the Financial Sector Conference 2023
Saudi Venture Capital Company, in partnership with the Capital Market Authority and the Financial Sector Development Program has launched a new product designed to support the growth of the fintech industry in Saudi Arabia.
Mastercard Commits to Delivering Economic Empowerment Tools and Resources to More Than One Million Women in Guatemala, El Salvador and Honduras
The commitments are part of Mastercard’s engagement, as a founding member, in the Partnership for Central America.
Bitcoin Is Part of the Pitch As El Salvador Courts IMF Deal
The cryptocurrency will lose its reputation as a speculative asset and prove its use as a legitimate payment system, central bank President Douglas Rodriguez said in an interview on Monday.
El Salvador Bitcoin Transfers Soar, but Still a Fraction of Dollar Remittances
Small transfers of bitcoin to El Salvador jumped over four-fold in May from a year ago but still represent a small amount when compared to remittances sent in dollars.
New Mastercard Study Reveals Rapid Shift Toward Digital Payments in Saudi Arabia
Up to 77 percent of consumers in the Kingdom spending more money online since the onset of the pandemic.