Breaking news

Payabl and Mastercard Celebrate 12 Years of Strategic Partnership

Payabl, a prominent payments processing company, is commemorating 12 years of its strategic partnership with Mastercard, a collaboration that has significantly shaped its trajectory in the competitive fintech industry. Since its inception, this partnership has empowered Payabl to tap into Mastercard’s vast network and cutting-edge technology, enhancing its ability to deliver seamless, secure, and innovative payment solutions to a diverse global clientele.

Over the past decade, the partnership has been pivotal in helping Payabl expand its reach, especially in the fast-growing digital payments sector. By leveraging Mastercard’s technological expertise and global infrastructure, Payabl has been able to offer robust solutions tailored to the needs of businesses navigating the complexities of the digital economy. This has been particularly important as the payments landscape has evolved, with increased demand for secure, fast, and flexible payment options.

The partnership also underscores the value of strong collaborations in the fintech world, where rapid technological advancements and shifting consumer expectations require agility and innovation. For Payabl, the relationship with Mastercard has not only provided the necessary tools and support to stay ahead of the curve but has also reinforced its reputation as a reliable and forward-thinking player in the payments processing industry.

As Payabl looks to the future, its partnership with Mastercard will likely continue to be a cornerstone of its growth strategy. The company is poised to further innovate and expand its offerings, ensuring that it remains at the forefront of the digital payments revolution. This enduring alliance highlights how strategic partnerships between established financial giants and agile fintech firms can drive industry-wide progress, benefiting businesses and consumers alike.

Cyprus Secures ESA Associate Membership: A Strategic Leap in Global Space Innovation

Historic Milestone For Cyprus

Cyprus has taken a decisive step towards strengthening its strategic position in the European and international space community. On Thursday, the Republic of Cyprus signed a Memorandum of Understanding with the European Space Agency (ESA), officially paving the way for its transition to associate member status. This landmark agreement was signed by Deputy Research Minister Nicodemos Damianou for Cyprus and ESA Director General Josef Aschbacher at the Agency’s headquarters in Paris.

Enhancing National Competitiveness And Investment

The new status will significantly bolster Cyprus’ national space ecosystem by opening access to ESA mechanisms and programmes. This development is set to enhance the country’s competitiveness, drive innovation, and attract strategic investments – key elements that underpin the National Space Strategy. Moreover, Cyprus is poised to tap into extensive European funding and bolster international cooperation, thereby reaffirming its role as a reliable partner in Europe’s digital and technological future.

Years Of Dedicated Preparation And Strategic Growth

In his address at ESA headquarters, Deputy Research Minister Damianou emphasized that this achievement is the culmination of years of dedicated preparation and cooperation with the agency. Citing the gradual progress made since the 2009 Cooperation Agreement, he highlighted recent strides in developing the necessary expertise, institutional framework, and a comprehensive legal structure aligned with international standards such as the Outer Space Treaty and the Liability Convention.

Key Infrastructure Developments And Innovations

Cyprus’ investments in its space infrastructure further underscore its commitment to becoming a significant player in the European space sector. Recent milestones include the inauguration of the Cyprus Space Research & Innovation Centre and the new Space Incubation Centre, complemented by the upcoming Earth Observation Ground Station. With over 300 days of sunshine annually and robust telecommunications, the country offers an ideal environment for hosting advanced satellite ground stations, control centres, and data gateways.

A Promising Future In European Space Leadership

The enhanced association with ESA comes at a pivotal time, particularly with Cyprus preparing for its Presidency of the Council of the European Union in early 2026. The Deputy Minister underscored that space is poised to become a key pillar in promoting Europe’s growth, competitiveness, and strategic autonomy. With this momentum, Cyprus is set to transform its space ambitions into tangible benefits for both its citizens and the broader European economy.

Commitment To Shared Progress And Cooperation

In closing remarks, both Cypriot and ESA leaders expressed deep appreciation for the collaborative efforts that made this transition possible. As ESA Director General Aschbacher congratulated Cyprus on its commitment to space and innovation, he extended a warm welcome to the citizens of Cyprus for a journey marked by discovery, technological advancement, and shared strategic benefits. With ratification by the House of Representatives in the upcoming months, Cyprus’ associate membership marks the beginning of an era characterized by expanded access to ESA programmes, funding, and collaborative opportunities across Europe’s dynamic space landscape.

The Future Forbes Realty Global Properties

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter