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admin comments (0) January 22, 2026

First Abu Dhabi Bank Launches ‘World-First’ Fitness and Payment Ring with Mastercard

First Abu Dhabi Bank (FAB) has launched the FAB Rewards Active Credit Card, a new product developed in collaboration with Mastercard that integrates wearable payment technology with wellness incentives. The offering is headlined by a complimentary fitness tracking payment ring, which the bank describes as a “world-first” innovation. This wearable device combines secure contactless payments […]

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admin comments (0) January 21, 2026

UK Tech Funding Drops 11% in 2025, but Late-Stage Capital Remains Resilient

The UK tech sector raised $15.3billion in 2025, an 11 per cent decline year-on-year, according to the latest data from Tracxn. Despite the drop, the UK maintained its position as the second-highest funded country globally, trailing only the United States and remaining ahead of China and India. A pronounced divergence in funding stages defined the […]

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admin comments (0) January 21, 2026

Ziina and Lean Technologies Execute UAE’s First Live Customer-Initiated Open Finance Payment

Lean Technologies, a leading MENA financial infrastructure provider, and Ziina, a UAE-based payments platform, have launched the country’s first live customer-initiated Open Finance payment. The milestone transaction was executed under the Central Bank of the UAE’s (CBUAE) Open Finance framework, marking a significant transition for the region’s financial ecosystem from technical readiness to real-world application. […]

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admin comments (0) January 20, 2026

Citrea Launches Treasury-Backed Stablecoin to Unlock $1T in Idle Bitcoin Capital

Citrea, the Bitcoin application layer backed by Founders Fund and Galaxy Ventures, has launched Citrea USD (ctUSD), a native USD stablecoin designed to provide a unified settlement layer for Bitcoin-denominated markets. Issued by MoonPay and powered by M0, ctUSD is fully backed by short-term US Treasury bills and cash. The token is designed to align […]

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admin comments (0) January 20, 2026

ProgressSoft Secures Business Banking Win at FF Awards 2025

ProgressSoft, a global provider of real-time payment solutions, has been announced as the winner of the Business Banking category at the 2025 FF Awards. The accolade was presented during a ceremony held in London on 25 November 2025, recognising the company’s Corporate Banking Suite for its role in modernising operations for financial institutions worldwide. Streamlining […]

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admin comments (0) January 20, 2026

Punjab Provincial Cooperative Bank Taps AlHuda CIBE for Islamic Banking Overhaul

Punjab Provincial Cooperative Bank Limited (PPCBL) has formally engaged the AlHuda Center of Islamic Banking and Economics (AlHuda CIBE) to lead its transition from conventional banking operations to a fully Shariah-compliant model. The advisory agreement was signed in Dubai by Mr. Muhammad Zubair, CEO of AlHuda CIBE, and Mr. Shahraam Raza Bakhtari, president of PPCBL. […]

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admin comments (0) January 20, 2026

Mal Breaks MEA Records with $230m Seed Round to Build ‘World’s First’ AI-Native Islamic Digital Bank

Mal, an Abu Dhabi-based fintech founded by serial entrepreneur and former Botim CEO Abdallah Abu-Sheikh, has closed a record-breaking $230million seed funding round. Led by global investment platform BlueFive Capital, alongside strategic investors and family offices, the raise is reportedly the largest seed round in the history of the Middle East and Africa (MEA) region. […]

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admin comments (0) January 20, 2026

Indonesia’s Payment Revolution: Behind the Breathless Rise of QRIS and the Road to 2030

Stanchion Payments, a global payment technology solutions provider, has released the latest instalment of its Voices from the Market series, shining a spotlight on Indonesia’s rapid transformation into one of the world’s most dynamic mobile-first payment environments. Drawing on insights from Austrade Indonesia, the analysis identifies the Quick Response Code Indonesian Standard (QRIS) as the […]

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admin comments (0) January 19, 2026

The Future of Banking: Embedded Finance and Data Evolution

In this episode of The Fintech Times, News & Views Podcast, Join Mark Walker and Kelvin Tan from Audax as they delve into the future of banking, discussing embedded finance, data-driven business models, and the potential of stable coins. Discover how banks can transform into data mediators and what this means for the industry. The post […]

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admin comments (0) January 14, 2026

Do Digital Payments Really Promote Financial Inclusion? What the Evidence Shows

Digital payment technologies are often presented as a clear answer to financial exclusion. From mobile wallets to online payment platforms, fintech solutions promise lower costs, faster transactions, and broader access to financial services. For many firms and regulators, the assumption is straightforward: if payments become digital, inclusion will naturally follow, In an article for The […]

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