FSS Financial Software and Systems a globally leading provider of integrated payments and a payments

FSS (Financial Software and Systems), a globally leading provider of integrated payments and a payments processor announced its collaboration with YAP, the United Arab Emirates’ (UAE) first independent digital banking platform, to deliver secure, digital-first card experiences to consumers in the Middle East and Africa. YAP and FSS will work closely to deliver greater value to customers by combining FSS’ Unified Card Issuance Platform with particular emphasis on virtual card issuance and support around 3D Secure adoption. YAP ser vices would initially be available in the UAE and would soon be rolled in other Gulf Council Cooperation (GCC) markets and Ghana. The number of consumer digital transactions in the UAE are growing at an annual rate of more than 9 percent between 2014 and 2019, compar ed with Europe’s average annual growth of 4 to 5 percent, according to McK nsey.[i] With digital wallets becoming more prevalent, consumers are expressing an interest in new payment modes that offer a great user e