Standard Chartered Appoints Bongiwe Gangeni to Lead Consumer, Private and Business Banking for Africa, Middle East, Europe Region

Bongiwe will be based in Dubai when she joins the Bank in March 2022 Standard Chartered (www.SC.com) has appointed Bongiwe Gangeni as Head, Consumer, Private & Business Banking (CPBB), Africa & Middle East, and Europe (AME/E), subject to regulatory approval. Bongiwe will be based in Dubai when she joins the Bank in March 2022. Bongiwe

Dubai First Partners with Mastercard to Launch the First Personalized Mobile Banking Experience in MEA

Mastercard’s experiential customer engagement platform is introduced for the first time in the region with Dubai First The unique program draws from Mastercard’s contextual marketing global capability, adding a gamification component where Dubai First customers can set cashback savings goals towards a future purchase and monitor progress The solution delivers personalized recommendations and allows customers

Misr Digital Innovation Partners with Mastercard to Provide Egyptian Consumers with a Safe and Seamless Banking Experience

Misr Digital Innovation (MDI) is one of Banque Misr Companies, was established to launch the first digital bank in Egypt The seven-year strategic partnership agreement will see Mastercard support MDI with the issuance of debit, credit, and prepaid cards Mastercard will provide MDI with advisory, marketing, and product innovation support The new initiative will drive

Egypt’s MIDBANK Selects Temenos to Power its Digital Transformation

Temenos Transact and Temenos Infinity will power the bank’s digital banking transformation to meet customers’ future needs as an agile, high-touch, high-tech bank Temenos, the banking software company, has announced that MIDBANK, a universal bank in Egypt providing retail, corporate, and investment banking services, has selected Temenos’ open banking platform to power its digital transformation.

IPT Africa: Shaping the Future of African Payments with Frictionless End-To-End B2B Transactions

IPT Africa launched at the recent Africa Fintech Festival (AFF) as it seeks to position itself as the platform for Frictionless African Payments. IPT Africa launched at the recent Africa Fintech festival as it seeks to position itself as the platform for Frictionless African payments, delivering a continent -wide, multi-channel payment platform tailored to the

Congratulations to CR2’s customer CIB, Egypt, as they announce a record-breaking performance in Digital Banking

CR2 is extremely proud of CIB’s phenomenal growth achieved across its digital banking services. Commercial International Bank Egypt (CIB), Egypt’s leading private sector bank, recently announced exponential growth in its digital banking service for H1 2021, highlighting the success of their long-term digital transformation strategy adopted in 2012. During the period H1 2021, CIB achieved a

Egyptian Fintech MNT-Halan Attracts Circa US$120 Million from Global Investors

MNT-Halan, Egypt’s leading fintech ecosystem, has announced a circa US$120 million investment by major global and regional growth investors: Apis Growth Fund II, Development Partners International (DPI), and Lorax Capital Partners. In addition, the company has also attracted venture capital backing from Middle East Venture Partners, Endeavor Catalyst, and DisruptTech. This round of investment demonstrates confidence in the fintech opportunity in Egypt and further institutionalizes the capitalization table of MNT-Halan. Previous investors of MNT-Halan have included GB Capital, DPI, Algebra Ventures, Wamda, Nowaisi Capital, Unidelta, Egypt Ventures, Battery Road Digital Holdings, and Shaka VC. Capitalizing on MNT-Halan’s first mover advantage, proprietary and

Mastercard MEA SME Confidence Index: 74% of SMEs in Construction and Manufacturing Across Middle East and Africa Optimistic About Future Growth

74% of the region’s small and medium businesses in construction and manufacturing are optimistic about the next 12 months, according to Mastercard MEA SME Confidence Index SME confidence levels were highest among businesses in retail, while construction and manufacturing had most businesses forecasting increases to steady revenues Research identified key areas with the greatest potential

Mastercard MEA SME Confidence Index: 76% of SMEs in Food, Beverage, Entertainment across Middle East and Africa Optimistic About Future Growth

76% of the region’s small and medium businesses in food, beverage, and entertainment are optimistic about the next 12 months, according to Mastercard MEA SME Confidence Index SME confidence levels in the region were highest among businesses in retail, closely followed by food, beverage, and entertainment sector Research identified key areas with the greatest potential

Penny Software Signs Partnership to Launch Mastercard Track™ Business Payment Service in Saudi Arabia and the MENA Region

The collaboration will enhance the region’s B2B electronic payment ecosystem Penny Software, the digital procurement software has signed a partnership agreement with technology leader Mastercard to provide its customers with an enhanced business-to-business payment experience via Mastercard Track™ Business Payment Service. The collaboration will pilot Mastercard Track in Saudi Arabia and the greater MENA region. Mastercard Track facilitates secure and efficient