Tap Payments has been awarded a Retail Payment Services License by the Central Bank of the UAE (CBUAE), completing its ...

Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), Timur Suleimenov, Governor of the National Bank of ...

By expanding its banking network in the Kingdom, Telr is positioning itself as a key enabler of digital commerce in Saudi ...

ABU DHABI, 2nd July, 2016 (WAM) -- The Board of Directors of the Central Bank of the UAE has reviewed a presentation by the Banking Supervision Department, regarding capital requirements and ...

Lebanon’s new central bank governor has vowed that the institution will fight money laundering and the financing of terrorism ...

Doha: Qatar Central Bank (QCB) issues its first license in the country for Paylater to provide Buy Now Pay Later (BNPL) ...

Fines were imposed for non-compliance, including on Common Reporting Standard Five banks and two insurance companies have been imposed fines by the UAE Central Bank. The financial sanctions total ...

The UAE Central Bank has imposed Dh2,621,000 ($713,700) in fines on five banks and two insurance companies operating in the Emirates for not following tax compliance standards. These financial ...

A credit consumer may own multiple BNPL accounts with different providers. Nonetheless, the central bank said risks associated with BNPL remain contained. “The level of BNPL overdue amount remained ...

As other CFPB rules are targeted for rollback, such as limits on bank overdraft fees, the BNPL rule could be as well. Even if the CFPB's BNPL rule stays in effect, it may no longer be enforced.