The International Monetary Fund (IMF) proposed a framework called “REDI” to deploy CBDCs and steps to promote the adoption of CBDCs. The international financial agency emphasised that raising ...

Dubai Police have issued a security warning following the arrest of members of a fraud gang in the emirate. The Anti-Fraud ...

Planning to leave the UAE permanently? Learn how to handle credit card dues, visa cancellations, and rental contract ...

Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), has announced the readiness of the financial infrastructure for Jaywan, the UAE's domestic card scheme, to be activated ...

The final approval for the digital wallet has been received from the UAE Central Bank. It was issued to Al ... as well as Retail Payment Services and Card Schemes (RPSCS). The Al Ansari digital ...

With the UAE's digital payments market on track to soar to $80.37 billion by 2025, residents are increasingly vulnerable to ...

Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), has announced the launch of Jaywan, the country’s first domestic card scheme. With its launch, Jaywan joins a ...

Dubai surgeon's credit card was hacked for Dh120,000 while she was in surgery. Despite flagging the fraud, the bank failed to ...

The booming digital economy of the UAE might have prompted Mastercard ... to make secure online payments without a physical card or bank account. In December 2024, Mastercard and Faysal Bank ...

Al Etihad Payments partners with Mastercard to introduce Jaywan-Mastercard debit and prepaid cards in the UAE, offering enhanced security, convenience, and seamless transactions. This collaboration ...

The third and final phase will complete the system upgrade, enabling alternative payment methods including bank cards and digital wallets for public transport fare payments across Dubai. “Upgrading ...