Emirates NBD & Nium Expand Partnership for Real-Time MENAT Transfers
Emirates NBD and Nium have expanded their partnership, embodying innovation and harmonized regulation across the Middle East, North Africa, and Turkey (MENAT) region. This move enables real-time, cost-effective international transfers for a broader range of customers.
The partnership, initially focused on real-time cross-border payments, has now been extended across the wider Emirates NBD Group in the UAE. This expansion allows for real-time payouts across the region, benefiting more customers.
Emirates NBD customers have been enjoying seamless international transfers, thanks to this collaboration. Looking ahead, the bank is exploring to extend this offering to its customers in the Kingdom of Saudi Arabia through Emirates NBD KSA, subject to regulatory approval from the Saudi Central Bank (SAMA).
Anupam Pahuja, Chief Revenue Officer at Nium, highlighted the partnership's success in enabling real-time money movement from the Middle East to the world. Nium's white paper, 'Payments in the Middle East: The Next Frontier', underscores the region's growing reliance on strategic collaborations between banks and Fintechs.
The update was announced live from Sibos 2025 in Frankfurt, where Nium is showcasing its latest developments in global payment infrastructure. Yousuf Saeed Mohd, Group Head of Priority and Personal Banking and Retail Banking Sales at Emirates NBD, expressed the partnership's commitment to leading the next chapter of cross-border payments in the region.
The expansion of the Emirates NBD-Nium partnership brings real-time, cost-effective international transfers to more customers in the MENAT region. With plans to extend this service to Saudi Arabia, the partnership is set to further enhance cross-border payment experiences, aligning with the UAE's status as one of the world's largest remittance hubs.
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