KRG and Visa sign strategic partnership to promote financial inclusion The KRG's financial inclusion initiative 'MyAccount' has entered a strategic partnership with Visa, a world leader in digital payments, marking a key milestone in advancing digital payment solutions and promoting financial inclusion in the Kurdistan Region of Iraq. As part of this partnership, Visa will […]
By John Lee. Prime Minister Mohammed S. Al-Sudani met with Bandar bin Fahd Al-Fuhaid, President of the Arab Tourism Organization (ATO), to discuss strategies for advancing Iraq's tourism sector. The meeting culminated in the signing of two Memoranda of Understanding (MoUs) with the Ministry of Culture, Tourism, and Antiquities and the International Development Bank for […]
By John Lee. Iraqi Prime Minister Mohammed Shiaa Al-Sudani received Mr. Andrew Torre, the Regional President of Visa for Central and Eastern Europe, the Middle East, and Africa, along with his accompanying delegation on Thursday. The Prime Minister emphasized that economic and banking reform is among the government's top priorities, welcoming cooperation in this field. […]
By John Lee. Arab Tourism Organization and International Development Bank Sign Cooperation Agreement to Boost Arab Tourism Development The Arab Tourism Organization (ATO) and Iraq's International Development Bank (IDB) have signed a cooperation agreement aimed at enhancing collaboration to harness opportunities for the development of the tourism sector. The Arab Tourism Organization's President, Dr. Bandar […]
By John Lee. Iraq's first digital bank, First Iraqi Bank, has announced the launch of Visa Direct for the first time in the Iraqi market, in partnership with Visa. According to a press release, Visa Direct is a real-time point-to-point payment service that will enable Iraqi consumers to enjoy real time transfers for the first […]
Iraq-based International Network for Cards and Digital Payment Services (INC Iraq) and a Lebanese fintech startup NymCard that is digitizing how payments cards are issued, delivered, and used, in collaboration with Visa have launched the first digital-only (prepaid) payment card ‘Neo‘ in Iraq to serve the underbanked Iraqi population, the two companies announced in a […]
By John Lee. The Trade Bank of Iraq (TBI) has issued a Visa Debit Gold Card for dollar-denominated accounts currency, according to a statement from the bank, reported by AKnews. The statement quoted director general of the bank, Hamdiya al-Jaff [Hamdiya Al-Jaf, Hamida al-Jaf], as saying: "The issuance of such cards encourage citizens to deal […]
