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Keywords: Financial inclusion
In a significant move, Network International, a leading payments solutions provider, has announced its expansion into Morocco, marking a pivotal moment in the country's digital payments landscape. This strategic initiative aims to revolutionize the way financial transactions are conducted, offering......
In a significant development, Morocco's central bank, Bank Al-Maghrib, has taken a decisive step to regulate the fees charged for electronic transactions, setting a cap at 0.65% of the transaction value. This move, announced recently, aims to foster a more inclusive and accessible financial ecosystem,......
In a significant move to bolster economic ties and financial flows within the continent, Morocco has called for a multilateral approach aimed at increasing remittances from the African diaspora. This initiative underscores the vital role that remittances play in the economic stability and development......
As the Paris 2024 Olympic Games draw to a close, a spotlight shines on the nations that excelled, with the United States leading the medal count with 40 golds and a total of 126 medals. China followed with 91 medals, and Japan secured 45, underscoring the intricate relationship between a country's......
CIH BANK Unveils Innovative Remote Banking Service for Moroccan Expatriates In a groundbreaking move, CIH BANK has launched CODE 212, a cutting-edge remote banking service designed to cater to the needs of Moroccans living abroad. This innovative service allows users to open and manage bank accounts......
Ambassador Omar Hilale Highlights Morocco's Ambitious Reforms at International Conference Morocco's Permanent Representative to the United Nations, Ambassador Omar Hilale, has underscored the country's bold and comprehensive structural and sectoral reforms, championed under the leadership......
EdfaPay, a prominent fintech firm based in Saudi Arabia, has announced the expansion of its operations into Morocco. This move comes after the company successfully secured the necessary regulatory approvals, marking another significant step in its global growth strategy. Founded in 2021, EdfaPay has......
In a bold move to propel Morocco's commercial landscape into the digital era, the Ministry of Industry and Trade has joined forces with financial heavyweight BCP and its payment subsidiary M2T. This powerful tri-force pact, unveiled today, sets the stage for a renaissance in Moroccan trade driven......
Morocco's transition toward digital payment methods has gained significant momentum, as evidenced by the substantial rise in mobile payments throughout 2022. This trend, indicating a departure from the nation's traditionally cash-focused culture, was highlighted in the third annual National Financial......
