Payment24 Accelerates Middle East Expansion with a New Regional Hub
Payment24 has established a new regional hub in Dubai as part of its Middle East expansion strategy. The company secured a major contract with one of the largest oil companies in the region for a comprehensive fleet and payment solution.
Verto Launches in UAE to Power Cross-Border B2B Payments to Emerging Markets
Verto has officially launched its services in the UAE to enhance cross-border payments. The platform targets high-value, time-sensitive transactions between the Gulf and emerging markets, particularly in Africa.
Algeria Enacts Sweeping Crypto Ban, Criminalizing All Digital Asset Activity Under New Law
Algeria has outlawed its entire cryptocurrency ecosystem with the introduction of Article 6 bis. The government claims the ban is necessary to protect the Algerian Dinar and prevent money laundering and fraud.
WeWire Acquires Treasury License in Mauritius to Scale Cross-Border Trade Tools
WeWire has secured a Mauritius Global Treasury Activities License from the Financial Services Commission. The startup is now the only African fintech offering integrated cross-border payments and trade finance tools.
Kaspersky Detects New Malware Targeting Fintech & Online Trading Platforms
Kaspersky discovered GriffithRAT, a new malware targeting fintech and online trading firms. GriffithRAT is distributed via Skype and Telegram, disguised as financial analysis files.
