{"id":12605,"date":"2025-05-23T04:54:35","date_gmt":"2025-05-23T04:54:35","guid":{"rendered":"https:\/\/fintechnews.ae\/?p=26298"},"modified":"2025-05-23T04:54:35","modified_gmt":"2025-05-23T04:54:35","slug":"uaes-areeba-and-foo-unveil-all-in-one-card-issuance-solution-for-financial-institutions","status":"publish","type":"post","link":"https:\/\/mena-fintech.org\/demo\/uaes-areeba-and-foo-unveil-all-in-one-card-issuance-solution-for-financial-institutions\/","title":{"rendered":"UAE\u2019s areeba and FOO Unveil All-in-One Card Issuance Solution for Financial Institutions"},"content":{"rendered":"<p>areeba, a UAE-based provider of payment infrastructure, has entered into a partnership with FOO, a fintech solutions company headquartered in Dubai, to offer a comprehensive, integrated Card-as-a-Service (CaaS) programme aimed at banks and financial technology firms.<\/p>\n<p>The bundled service is designed to help institutions develop and scale secure card programmes and digital wallets without the need for building complex infrastructure.<\/p>\n<p>It combines areeba\u2019s modern card issuance platform with FOO\u2019s digital banking capabilities, offering features such as secure digital onboarding, electronic know-your-customer (e-KYC) processes, and tokenisation support for Apple Pay and Google Pay.<\/p>\n<p>According to the companies, the solution allows financial institutions to manage both physical and digital card issuance under a single platform.<\/p>\n<p>This unified approach is intended to reduce traditional barriers to entry and speed up the time it takes to bring new card products to market.<\/p>\n<p>The programme targets institutions looking to launch compliant, modern card products that are adaptable and prioritise customer accessibility.<\/p>\n<p>Maher Mikati, Chief Executive Officer of areeba, commented:<\/p>\n<figure id=\"attachment_26299\" aria-describedby=\"caption-attachment-26299\" style=\"width: 150px\" class=\"wp-caption alignleft\"><img decoding=\"async\" class=\"wp-image-26299 size-thumbnail\" src=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/05\/Maher-Mikati-150x150.jpg\" alt=\"Maher Mikati\" width=\"150\" height=\"150\" srcset=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/05\/Maher-Mikati-150x150.jpg 150w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/05\/Maher-Mikati-300x300.jpg 300w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/05\/Maher-Mikati.jpg 418w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><figcaption id=\"caption-attachment-26299\" class=\"wp-caption-text\">Maher Mikati<\/figcaption><\/figure>\n<blockquote>\n<p>&#8220;By integrating our card issuance infrastructure with FOO\u2019s onboarding and tokenisation services, we\u2019re giving institutions the tools to launch innovative card programmes quickly and securely.&#8221;<\/p>\n<\/blockquote>\n<p>He added,<\/p>\n<blockquote>\n<p>&#8220;This partnership reflects our commitment to simplifying how institutions enter and grow within the digital payments space.&#8221;<\/p>\n<\/blockquote>\n<p>Ghady Rayess, Chief Executive Officer of FOO, said:<\/p>\n<figure id=\"attachment_26300\" aria-describedby=\"caption-attachment-26300\" style=\"width: 150px\" class=\"wp-caption alignright\"><img decoding=\"async\" class=\"wp-image-26300 size-thumbnail\" src=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/05\/Ghady-Rayess-150x150.jpg\" alt=\"Ghady Rayess\" width=\"150\" height=\"150\" srcset=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/05\/Ghady-Rayess-150x150.jpg 150w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/05\/Ghady-Rayess-300x300.jpg 300w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/05\/Ghady-Rayess.jpg 449w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><figcaption id=\"caption-attachment-26300\" class=\"wp-caption-text\">Ghady Rayess<\/figcaption><\/figure>\n<blockquote>\n<p>&#8220;As demand grows for digital-first issuance, our collaboration with areeba delivers a complete CaaS solution that streamlines complexity and enables institutions to scale efficiently.&#8221;<\/p>\n<\/blockquote>\n<p>Rayess also noted:<\/p>\n<blockquote>\n<p>&#8220;This partnership reflects our shared vision of simplifying how digital financial products are built and delivered without compromising on performance, compliance, or customer experience.&#8221;<\/p>\n<\/blockquote>\n<p>&nbsp;<\/p>\n<p><em>Featured image credit: Edited by Fintech News Middle East, based on image by <a href=\"https:\/\/www.freepik.com\/premium-vector\/smartphone-internet-banking-concept-vector-illustration-digital-money_16672936.htm#fromView=search&amp;page=1&amp;position=10&amp;uuid=64f63e3b-ffae-493f-92d4-0a9d2b015058&amp;query=payment+AI\"  rel=\"noopener\">barmaleeva<\/a> via Freepik<\/em><\/p>\n<p>The post <a href=\"https:\/\/fintechnews.ae\/26298\/fintechdubai\/areeba-foo-partnership\/\">UAE&#8217;s areeba and FOO Unveil All-in-One Card Issuance Solution for Financial Institutions<\/a> appeared first on <a href=\"https:\/\/fintechnews.ae\/\">Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>areeba, a UAE-based provider of payment infrastructure, has entered into a partnership with FOO, a fintech solutions company headquartered in Dubai, to offer a comprehensive, integrated Card-as-a-Service (CaaS) programme aimed at banks and financial technology firms. The bundled service is designed to help institutions develop and scale secure card programmes and digital wallets without the [&#8230;]<\/p>\n<p>The post <a href=\"https:\/\/fintechnews.ae\/26298\/fintechdubai\/areeba-foo-partnership\/\">UAE\u2019s areeba and FOO Unveil All-in-One Card Issuance Solution for Financial Institutions<\/a> appeared first on <a href=\"https:\/\/fintechnews.ae\/\">Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175,239,206,240],"tags":[],"class_list":["post-12605","post","type-post","status-publish","format-standard","hentry","category-abu-dhabi","category-areeba","category-dubai","category-foo"],"_links":{"self":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12605","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/comments?post=12605"}],"version-history":[{"count":2,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12605\/revisions"}],"predecessor-version":[{"id":12619,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12605\/revisions\/12619"}],"wp:attachment":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/media?parent=12605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/categories?post=12605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/tags?post=12605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}