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Apple has published a comprehensive list of wireless carriers and worldwide service providers that support eSIM services on iPhones and Apple Watches. Among the notable updates, the Maldives is now...
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Amid the ongoing tariff tensions between China and the United States, Chinese multinational technology giant Huawei Technologies Co., Ltd. appears to be making major advancements in the AI computing sector....
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One of the biggest issues in the current banking system is the difficulty when it comes to transferring money between counties. This not only poses a difficulty for students living...
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Navigating international money transfers has long been a challenge for customers, especially in regions like the Maldives where access to seamless financial services across borders can be scarce. However, a...
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In a significant leap towards modernizing its financial landscape, the Maldives Monetary Authority (MMA) has unveiled its innovative instant payment system, 'Favara', offering users the ability to swiftly transfer up...
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The banking sector in the Maldives has undoubtedly experienced very slow progress and transformation since its inception. However, over the years, significant advancements have revolutionized how people manage their finances,...
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Advancements in technology have revolutionized our way of life, enabling us to embrace a more convenient and accessible existence. With the rapid progress of the internet and mobile technology, nearly...
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As part of its plan to further enhance security for payments through its app, Bank of Maldives (BML) has enabled One Time Passwords (OTPs) for all QR payments.