The era of speculative experimentation is over; digital assets are now entering the engine room of the global economy. At a recent industry roundtable in Dubai, Mastercard gathered regulators, bankers, and fintech leaders to decode the future of stablecoins. The consensus? We have moved past the hype cycle into a phase of pragmatic, regulated utility […]
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Universal Digital Intl Limited (Universal) has launched USDU, the first USD-backed stablecoin to be registered by the Central Bank of the UAE (CBUAE) under its Payment Token Services Regulation (PTSR). The move positions Universal as the first “Foreign Payment Token Issuer” registered by the CBUAE. The launch is significant as it establishes the country’s first […]
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Zepz, the global payments group behind WorldRemit and Sendwave, has acquired Pomelo, a fintech platform known for offering the “first credit card built for money transfer.” The deal marks a significant strategic pivot for Zepz, signaling its intent to evolve beyond pure cross-border payments into broader financial services, including lending and credit building. Merging credit […]
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The ClearScore Group has acquired Acre Platforms Ltd (Acre), the UK’s fastest-growing intermediary mortgage platform, in a move designed to fast-track its expansion into the mortgage sector. The acquisition will see ClearScore integrate Acre’s technology to route demand from its 16 million UK users directly into Acre’s broker ecosystem. Connecting data and advice Justin Basini, […]
Explore MoreThe Abu Dhabi Securities Exchange (ADX) Group has partnered with AI technology firm Saal.ai to design and build a “next-generation” market data dissemination platform. Announced at UMEX in Abu Dhabi, the collaboration aims to replace legacy infrastructure with a unified, scalable system capable of meeting the exchange’s evolving data needs. Real-time data for a digital […]
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