Goldman Sachs and AmEx debut cloud-based payment service for corporate clients
Goldman Sachs Transaction Banking attracted more than 250 clients, taking on over $35 bn in deposits...
Category : Banking
StanChart enters Asian BNPL race with Atome investment
by Anusha M
The lender invested $500 mn in Atome Financial...
Singapore’s virtual bank accounts to increase by 30% by 2026
by Anusha M
Currently, only 18 percent of adults in the country have virtual bank accounts....
Monetary Authority of Singapore launches data-sharing platform to combat money laundering
by Anusha M
The platform is named Cosmic and it will enable financial institutions to securely share information on customers or transactions...
VIB strikes double-win at International Finance Awards 2021
by WebAdmin
The bank’s monumental effort helped establish Vietnam as the first country in SEA to issue a card line that integrates credit cards and payment cards features...
Consumer use of digital banking accelerates in Asia–Pacific: McKinsey
by Anusha M
Number of digital banking users in APac rose from 54% in 2017 to 88% in 2021...
Deutsche Bank acquires Berlin-based payment service provider Better Payment
by Anusha M
The deal is expected to help Deutsche expand its market share in the fast-growing online payment processing market...
Public Bank is the first Malaysian bank to facilitate retail-based QR payment with Thailand
by WebAdmin
PBe QR service will now support DuitNow QR Cross Border Payment between the two countries...
Treasury Department a major contributor to Ahli United Bank Kuwait’s profitability
by WebAdmin
Digital platforms and automation of processes were the main focus in Treasury from front to back and end-user...
Bank of Africa to launch a new innovative offering for South to North money transfers
by WebAdmin
In order to do so, it has partnered with Sopra Banking Software (SBS)...