Emerging Markets Payments-Jordan (EMP), the fintech company behind online billing service eFawateerCom, has been rebranded as Network International as part of its sale to the UAE-based payment solutions provider. “I believe that we have reached a stage in the market…
The Central Bank of Jordan says it’s fast laying the groundwork for the creation of a cashless economy. By Dina al-Wakeel The Central Bank of Jordan has issued several regulations in recent years to catch up with the ever-changing payment…
The newly installed CEO of Oasis500 aims to provide greater post-acceleration support for startups. By Rebecca Irvine Since its establishment in 2010, Oasis500 has graduated several well known Jordanian companies, including ArabiaWeather, e-payment platform MadfooatCom, and book seller Jamalon. Oasis500’s…
Rather than viewing growing interest in Fintech as a threat, many traditional high-street banks are trying to embrace the digital future. Abdel Kareem Friehat, the head of operations and IT at Jordan Kuwait Bank, said his bank is investing heavily…
Fast growing fintech firms are forcing traditional brick-and-mortar lenders to adapt to new realities in the banking sector. By Zeid Nasser The term Fintech, which is short for financial technology, has emerged over the past few years to describe Internet-driven…
Rather than lazily copying existing global tech fads, Jordanian entrepreneurs would be wiser to focus their efforts on meeting the needs of the region. Startup Jordan- Robert Carroll Delivery startups for pets, apps that share photos in unnecessary ways, and…