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AFS and PayTic Forge Strategic Partnership to Enhance Card Program Management
Partnership
Nov 25, 20242 min read

AFS and PayTic Forge Strategic Partnership to Enhance Card Program Management

Arab Financial Services (AFS), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, announced a strategic partnership with PayTic, a Software-as-a-Service company specializing in end-to-end automation of process-heavy card program operations. Their modules include chargeback management, scheme and custom data reconciliation, scheme fee optimization, and regulatory reporting, all working in tandem to streamline operations for greater efficiency and scalability.

Announcement

Oct 8, 20241 min read

Arab Financial Services (AFS) Unveils New Look as Part of Strategic Rebrand

Arab Financial Services (AFS), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, is proud to announce its new look as part of a comprehensive rebranding strategy. This transformation aligns AFS’s brand identity with its role as an innovator in the ever-evolving digital payments landscape.

Apr 25, 20243 min read

AFS Launches Data Center and Disaster Recovery (DR) site in Egypt

Arab Financial Services (AFS), a leading force in digital payments across the Middle East and Africa, has strategically expanded its footprint in Egypt with the inauguration of a brand-new data center. This investment marks a significant step forward for AFS in the Egyptian market, fuelling their growth trajectory in two key ways: Accelerated Expansion, the secure and reliable data center empowers AFS to rapidly scale their business operations within Egypt and Enhanced Reach, building on their established presence since 2022, AFS can now extend their trusted payment processing services to a wider range of Egyptian businesses, banks, and financial institutions.

Mar 05, 20242 min read

AFS Transaction Index: Season-Opening Bahrain GP Delivers 66% Surge in Spends

This weekend’s action-packed season-opening Bahrain GP delivered an epic increase in spends. Data shared in the annual Transaction Index published by Arab Financial Services (AFS), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, compared the year-on-year difference in spends during the F1 week, recording a 66% surge in payments spends during the recently concluded 2024 F1 Gulf Air Bahrain Grand Prix. The accelerated spends also reflects an increase of 78% in international spends as the race marked its 20th anniversary in the Kingdom of Bahrain this year and successfully garnered even greater global appeal.

Partnership

Nov 13, 20242 min read

Contribute to Positive Change with Every Transaction on AFS Terminals, A Collaborative Initiative by AFS and RHF to Empower Bahraini Communities

Arab Financial Services (AFS), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, announced a partnership with the Royal Humanitarian Foundation (RHF), a charitable organization based in the Kingdom of Bahrain, launching “A Fils Changes Lives” initiative aimed to support RHF’s dedicated efforts in empowering individuals and less fortunate families across Bahrain.

Oct 10, 20242 min read

AFS Partners with Zand Bank to Empower FinTech Innovation

Arab Financial Services (AFS), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, has signed a strategic agreement with Zand, the UAE’s first fully licensed all-digital bank. This collaboration aims to provide Fintechs and emerging players with AFS's cutting-edge processing services and Zand Bank’s BIN Sponsorship and banking facilities, enabling them to issue prepaid cards and other banking solutions at pace and with ease.

Sep 18, 20242 min read

Arab Financial Services (AFS) Sponsors the Sixth Edition of the Youth Entrepreneurship Forum “MicroShabab”

Arab Financial Services (AFS), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, has announced its sponsorship of the sixth edition of the Youth Entrepreneurship Forum “MicroShabab”, which is held under the patronage of His Highness Shaikh Khalid bin Hamad Al Khalifa, First Deputy Chairman of the Supreme Council for Youth and Sports (SCYS), Chairman of the General Sports Authority (GSA), and President of the Bahrain Olympic Committee (BOC). The MicroShabab Forum will take place from 1st to 3rd October in the Sheikh Abdulaziz bin Mohammed Al Khalifa Hall at the University of Bahrain in the Sakhir area.

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Partnership
Nov 25, 20242 min read

AFS and PayTic Forge Strategic Partnership to Enhance Card Program Management

Arab Financial Services (AFS), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, announced a strategic partnership with PayTic, a Software-as-a-Service company specializing in end-to-end automation of process-heavy card program operations. Their modules include chargeback management, scheme and custom data reconciliation, scheme fee optimization, and regulatory reporting, all working in tandem to streamline operations for greater efficiency and scalability.

AFS and PayTic Forge Strategic Partnership to Enhance Card Program Management
Partnership
Nov 13, 20242 min read

Contribute to Positive Change with Every Transaction on AFS Terminals, A Collaborative Initiative by AFS and RHF to Empower Bahraini Communities

Arab Financial Services (AFS), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, announced a partnership with the Royal Humanitarian Foundation (RHF), a charitable organization based in the Kingdom of Bahrain, launching “A Fils Changes Lives” initiative aimed to support RHF’s dedicated efforts in empowering individuals and less fortunate families across Bahrain.

Contribute to Positive Change with Every Transaction on AFS Terminals, A Collaborative Initiative by AFS and RHF to Empower Bahraini Communities
Announcement
Oct 22, 20242 min read

Arab Financial Services (AFS) Secures $50 Million Capital Injection

Arab Financial Services (AFS), a pioneering digital payments solutions provider and fintech enabler in the Middle East and Africa, has raised $50 million in capital. This strategic investment, approved by AFS shareholders at an Extraordinary General Meeting earlier this year, will significantly enhance the company's financial position and catalyze its ambitious growth plans.

Arab Financial Services (AFS) Secures $50 Million Capital Injection
Partnership
Oct 10, 20242 min read

AFS Partners with Zand Bank to Empower FinTech Innovation

Arab Financial Services (AFS), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, has signed a strategic agreement with Zand, the UAE’s first fully licensed all-digital bank. This collaboration aims to provide Fintechs and emerging players with AFS's cutting-edge processing services and Zand Bank’s BIN Sponsorship and banking facilities, enabling them to issue prepaid cards and other banking solutions at pace and with ease.

AFS Partners with Zand Bank to Empower FinTech Innovation

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Announcement
Oct 8, 20241 min read

Arab Financial Services (AFS) Unveils New Look as Part of Strategic Rebrand

Arab Financial Services (AFS), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, is proud to announce its new look as part of a comprehensive rebranding strategy. This transformation aligns AFS’s brand identity with its role as an innovator in the ever-evolving digital payments landscape.

Arab Financial Services (AFS) Unveils New Look as Part of Strategic Rebrand
Partnership
Sep 18, 20242 min read

Arab Financial Services (AFS) Sponsors the Sixth Edition of the Youth Entrepreneurship Forum “MicroShabab”

Arab Financial Services (AFS), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, has announced its sponsorship of the sixth edition of the Youth Entrepreneurship Forum “MicroShabab”, which is held under the patronage of His Highness Shaikh Khalid bin Hamad Al Khalifa, First Deputy Chairman of the Supreme Council for Youth and Sports (SCYS), Chairman of the General Sports Authority (GSA), and President of the Bahrain Olympic Committee (BOC). The MicroShabab Forum will take place from 1st to 3rd October in the Sheikh Abdulaziz bin Mohammed Al Khalifa Hall at the University of Bahrain in the Sakhir area.

Arab Financial Services (AFS) Sponsors the Sixth Edition of the Youth Entrepreneurship Forum “MicroShabab”
Partnership
Sep 10, 20242 min read

Lune Technologies and AFS Unite to Enhance Financial Data Services for MEA Banks

Arab Financial Services (AFS), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, has announced a strategic partnership with Lune Technologies, a leader in financial data analytics and enrichment based in the UAE and a key player within Dubai’s DIFC and Abu Dhabi’s Hub71 tech ecosystem. Together, they plan to innovate financial data services by introducing advanced data enrichment solutions for banks, fintechs, and financial institutions.

Lune Technologies and AFS Unite to Enhance Financial Data Services for MEA Banks
Partnership
Aug 12, 20242 min read

AFS Partners with Samsung to Accelerate Digital Payments Landscape in Oman

Arab Financial Services (AFS), in partnership with Samsung Gulf Electronics, has introduced Samsung Pay to Oman, marking a significant milestone in the Sultanate's digital transformation journey. As the region's leading digital payment solutions provider and fintech enabler, AFS is once again demonstrating its commitment to driving innovation and enhancing customer experiences.

AFS Partners with Samsung to Accelerate Digital Payments Landscape in Oman
Awards
July 4, 20242 min read

AFS Recognized as One of the ‘Top 50 Bahraini Companies’

Arab Financial Services (AFS), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, was recognised as one of the ‘Top 50 Bahraini Companies’ in the annual list compiled by Al Bilad and which celebrates the exceptional achievements and contributions of leading Bahraini organizations. The prestigious award was presented in a ceremony held under the patronage of H.E. Mr. Abdulla bin Fakhro, Minister of Industry and Commerce, earlier this week.

AFS Recognized as One of the ‘Top 50 Bahraini Companies’
Awards
May 21, 20242 min read

AFS Secures Third Consecutive Win at the MEA Finance Awards

Arab Financial Services (AFS), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, was recognized at last week’s MEA Finance Awards winning “Most Innovative Payments Solutions Provider 2024.” This is the third consecutive year for AFS to be recognized at the MEA Finance Awards, one of the most anticipated and high-profile events aimed at honoring the achievements of the region’s finance and payments sectors.

AFS Secures Third Consecutive Win at the MEA Finance Awards
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