{"id":12957,"date":"2025-09-18T04:00:59","date_gmt":"2025-09-18T04:00:59","guid":{"rendered":"https:\/\/fintechnews.ae\/?p=27759"},"modified":"2025-09-18T04:00:59","modified_gmt":"2025-09-18T04:00:59","slug":"moneygram-and-d360-bank-to-advance-cross-border-payments-in-saudi-arabia","status":"publish","type":"post","link":"https:\/\/mena-fintech.org\/demo\/moneygram-and-d360-bank-to-advance-cross-border-payments-in-saudi-arabia\/","title":{"rendered":"MoneyGram and D360 Bank to Advance Cross-Border Payments in Saudi Arabia"},"content":{"rendered":"

MoneyGram<\/a> and D360 Bank have signed a MoU during Money20\/20 Middle East<\/a>, outlining a partnership to support Saudi Arabia\u2019s digital transformation and the goals of Vision 2030.<\/p>\n

The agreement focuses on strengthening cross-border payment services and developing digital financial solutions.<\/p>\n

MoneyGram will provide its global payments network, while D360 Bank, a Saudi digital bank backed by the Public Investment Fund (PIF) and Derayah Financial, will contribute its local expertise.<\/p>\n

The collaboration is intended to broaden customer options and contribute to the country\u2019s shift towards a cashless economy.<\/p>\n

\"Ahmed
Ahmed Aly<\/figcaption><\/figure>\n
\n

\u201cThis new partnership with D360 Bank reflects our commitment to leading the evolution of cross-border payments in Saudi Arabia,\u201d<\/p>\n<\/blockquote>\n

said Ahmed Aly, Head of Middle East, South Asia and Asia Pacific at MoneyGram.<\/p>\n

\n

\u201cTogether, we are creating new pathways for customers to move money seamlessly across borders, reinforcing our shared ambition to shape the future of payments in the kingdom.\u201d<\/p>\n<\/blockquote>\n

Osama Alshathri, Head of Retail Banking at D360 Bank, said:<\/p>\n

\"Osama
Osama Alshathri<\/figcaption><\/figure>\n
\n

\u201cAt D360 Bank, our mission is to make banking intuitive, accessible and technology-driven. Partnering with MoneyGram connects our customers to one of the world\u2019s largest global payment networks, enabling fast, transparent and secure international remittances.\u201d<\/p>\n<\/blockquote>\n

The MoU builds on MoneyGram\u2019s activities in Saudi Arabia, where it works with banks, fintech firms and digital platforms to expand access to international remittance services.<\/p>\n

MoneyGram\u2019s network currently reaches more than five billion digital endpoints and includes over 480,000 retail locations in 200 countries and territories.<\/p>\n

 <\/p>\n

Featured image credit: MoneyGram<\/a><\/em><\/p>\n

The post MoneyGram and D360 Bank to Advance Cross-Border Payments in Saudi Arabia<\/a> appeared first on Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

MoneyGram and D360 Bank have signed a MoU during Money20\/20 Middle East, outlining a partnership to support Saudi Arabia\u2019s digital transformation and the goals of Vision 2030. The agreement focuses on strengthening cross-border payment services and developing digital financial solutions. MoneyGram will provide its global payments network, while D360 Bank, a Saudi digital bank backed […]<\/p>\n

The post MoneyGram and D360 Bank to Advance Cross-Border Payments in Saudi Arabia<\/a> appeared first on 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":[395,355,285,200,173],"tags":[],"class_list":["post-12957","post","type-post","status-publish","format-standard","hentry","category-d360-bank","category-money20-20-middle-east","category-moneygram","category-saudi-arabia","category-saudia-arabia"],"_links":{"self":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12957","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=12957"}],"version-history":[{"count":1,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12957\/revisions"}],"predecessor-version":[{"id":12958,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12957\/revisions\/12958"}],"wp:attachment":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/media?parent=12957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/categories?post=12957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/tags?post=12957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}