The collaboration expands NymCard's BaaS capabilities and access to Mastercard’s payout network.
The report shows 48% of UAE residents plan to send more cross-border payments.
NymCard
NymCard, a certified principal member of Mastercard's
payment network and a provider of Banking-as-a-Service (BaaS), has partnered
with Mastercard to facilitate faster global money transfers. This service will
allow customers in the UAE to send money to 47 countries through a single
secure connection.
The collaboration will enhance NymCard’s BaaS platform. It
will use Mastercard Cross-Border Services, part of the Mastercard Move
portfolio, to improve the efficiency of international remittance services.
Countries benefiting from this service include Bangladesh, Egypt, India, Nepal,
Pakistan, the Philippines, Sri Lanka, the United Kingdom, the United States,
and others.
The Borderless Payments Report 2023, published by
Mastercard, noted that 48% of UAE residents expect to send cross-border
payments more often, while 36% anticipate receiving more payments from abroad.
This trend has increased the demand for reliable international money transfer
options.
As part of the agreement, NymCard will also enter the
Remittance-as-a-Service space, aiming to provide faster and more seamless
cross-border payment services. The company will offer these services to banks,
fintech companies, and retailers, ensuring near-real-time and secure
transactions.
“Our collaboration will enable NymCard to speed up time
to market, scale sustainably, and differentiate its service amid rising
competition,” said Amnah Ajmal, Executive Vice President responsible for Market Development (EEMEA) at Mastercard.
Accessing Mastercard Payout Network
Omar Onsi, CEO, NymCard, Source: LinkedIn
Through the partnership, NymCard will gain access to
Mastercard's payout network, which includes bank accounts, mobile wallets, cash
pickup points, and cards. This will expand NymCard’s capabilities by allowing
additional payment options.
Mastercard Move, including its Cross-Border Services and
Mastercard Send, supports the quick and secure transfer of funds both
domestically and internationally. It operates in 180 countries and handles over
150 currencies, providing access to 95% of the world’s banked population.
“Our joint commitment to innovation and financial inclusion
will undoubtedly reshape the landscape of cross-border fund transfers in the
region,” said Omar Onsi, CEO of NymCard.
NymCard, a certified principal member of Mastercard's
payment network and a provider of Banking-as-a-Service (BaaS), has partnered
with Mastercard to facilitate faster global money transfers. This service will
allow customers in the UAE to send money to 47 countries through a single
secure connection.
The collaboration will enhance NymCard’s BaaS platform. It
will use Mastercard Cross-Border Services, part of the Mastercard Move
portfolio, to improve the efficiency of international remittance services.
Countries benefiting from this service include Bangladesh, Egypt, India, Nepal,
Pakistan, the Philippines, Sri Lanka, the United Kingdom, the United States,
and others.
The Borderless Payments Report 2023, published by
Mastercard, noted that 48% of UAE residents expect to send cross-border
payments more often, while 36% anticipate receiving more payments from abroad.
This trend has increased the demand for reliable international money transfer
options.
As part of the agreement, NymCard will also enter the
Remittance-as-a-Service space, aiming to provide faster and more seamless
cross-border payment services. The company will offer these services to banks,
fintech companies, and retailers, ensuring near-real-time and secure
transactions.
“Our collaboration will enable NymCard to speed up time
to market, scale sustainably, and differentiate its service amid rising
competition,” said Amnah Ajmal, Executive Vice President responsible for Market Development (EEMEA) at Mastercard.
Accessing Mastercard Payout Network
Omar Onsi, CEO, NymCard, Source: LinkedIn
Through the partnership, NymCard will gain access to
Mastercard's payout network, which includes bank accounts, mobile wallets, cash
pickup points, and cards. This will expand NymCard’s capabilities by allowing
additional payment options.
Mastercard Move, including its Cross-Border Services and
Mastercard Send, supports the quick and secure transfer of funds both
domestically and internationally. It operates in 180 countries and handles over
150 currencies, providing access to 95% of the world’s banked population.
“Our joint commitment to innovation and financial inclusion
will undoubtedly reshape the landscape of cross-border fund transfers in the
region,” said Omar Onsi, CEO of NymCard.
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
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▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
