Author: Money Exchange
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Yellow Pay New Payment feature simplifying money transfers through Crypto Rails
Yellow Card Financial (https://YellowCard.io/) is proud to announce its new payment feature – Yellow Pay (https://bit.ly/3C4C5cm). This innovative solution will make it easier for ... -
UAE banks have strong buffers to weather severe shocks: Central Bank
The UAE banking system has adequate capital and liquidity buffers to withstand severe shocks, the Central Bank of the UAE (CBUAE) said on Thursday, ... -
UAE leads Forbes’ list of top GCC Exchange houses going digital
LuLu Exchange and Al Ansari – two of UAE’s leading exchange houses are accompanied in this list by exchange companies from Qatar, Oman and ... -
UAE Central Bank imposes financial sanctions on 6 Banks
The Central Bank of the UAE (CBUAE) on Thursday said it imposed financial sanctions on six banks operating in the UAE for failures to ... -
UAE: Exchange house fined Dh5.2 million for violating anti-money laundering laws
A money exchange house operating in the UAE has been fined Dh5.2 million over its weak compliance with regulations related to prevention of money ... -
Nepal Central Bank Hikes Policy Rate, Warns of Pressure on FX Reserves
Nepal’s central bank on Friday raised its benchmark policy rate at which it lends to commercial banks to 8.5% from 7%, as part of ... -
Remittances from UAE to India, Pakistan increase by up to 11% as rupees plunge
Remittances from the UAE to India and Pakistan have increased after both the currencies fell to record lows. Currency exchange officials in the UAE ... -
UAE Exchange UK to be acquired by Wizz Financial, will go through a rebranding
Wizz Financial, the leading global fintech company specializing in payment solutions, has received approval from the United Kingdom’s Financial Conduct Authority (FCA) to complete ... -
UAE’s new 50-dirham banknote features Sheikh Zayed
DUBAI: UAE rulers witnessed the launch of a new 50-dirham banknote on Tuesday, in celebration of the country’s 50th National Day. The initiative comes ... -
ADCB joins ‘Buna’ system to enhance regional cross-border payments
The Buna platform offers stringent levels of governance and transparency through increased oversight from central banks as well as effective reporting and compliance mechanisms. ...
