May 17, 2024

Mastercard Partners With SingleView To Power Commercial Efficiency

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Maria Medvedeva, Country Manager, Saudi Arabia & Bahrain, Mastercard, and Abdulrhman Alarifi, CEO, SingleView. Image Courtesy: Mastercard

Mastercard is collaborating with SingleView to boost businesses across the region with greater access to corporate and commercial solutions powered by SingleView technology. 

Industry sources added that the strategic agreement will overview the two partners working closely together to enable enterprises in the Kingdom to unlock the value of data safely and securely. Leveraging Mastercard’s state-of-the-art technology and SingleView’s comprehensive suite of advanced offerings, the partnership will advance the transformation of B2B corporate solutions, creating even more opportunities for businesses across the region.

Maria Medvedeva, Country Manager, Saudi Arabia & Bahrain, Mastercard stated “The advent of exciting new technologies presents businesses across the region with fantastic growth opportunities. Today, data plays an even more important role in empowering enterprises to become more efficient. We have partnered with SingleView to harness the power of insights to the benefit of our partners and the businesses we serve. We aim to leverage our resources to pioneer first-of-their-kind commercial and corporate solutions that support businesses to optimize their financial performance.”

Mr. Abdulrhman Alarifi, CEO, of SingleView stated “As a company committed to empowering businesses to drive profitability, increase customer engagement, and attain long-term success, we are delighted to have partnered with Mastercard. At a time when businesses are faced with increasingly complex challenges, we believe working with an innovation-driven partner such as Mastercard will be key to unlocking potential, providing enterprises a competitive advantage through the unique combination of our respective resources. Ultimately, we aim to make the most of our solutions and Mastercard’s technology to boost businesses’ productivity.”

Industry sources further affirmed that Mastercard’s partnership with SingleView is fully lined with the objectives of the region’s national strategies such as Saudi Arabia’s Vision 2030, the agreement will accelerate the digital transformation of financial services in the Kingdom and beyond, powering the fintech firms and banks to harness the power of consumer-permission data and attain enhanced efficiency, greater security, and increased transparency in their financial operations.

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