June 29th, 2026 - 07:53 GMT
Mashreq, a leading financial institution in the MENA region, has announced a strategic collaboration with Mastercard to expand the global reach of its Quick Remit solution, enabling Mashreq’s customers to transfer money abroad through its digital banking channels. Through this collaboration, Mastercard Move, the company’s portfolio of money movement capabilities, will elevate Mashreq's cross-border remittance capabilities, boosting its overall service proposition andallowing customers to send money directly in local currencies across new international corridors. The initiative aims to deliver faster, more reliable and competitively priced cross-border transfers, empowering millions of ...