Citi to seek a banking licence to boost its business in Saudi Arabia
Citi wants to expand into trade finance and treasury solutions...
Category : Banking
Standard Chartered and Kredivo join hands to offer BNPL loans in Indonesia
The UK-based lender is making strides in the BNPL segment in Asia...
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...
StanChart enters Asian BNPL race with Atome investment
The lender invested $500 mn in Atome Financial...
Singapore’s virtual bank accounts to increase by 30% by 2026
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
The platform is named Cosmic and it will enable financial institutions to securely share information on customers or transactions...
Consumer use of digital banking accelerates in Asia–Pacific: McKinsey
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
The deal is expected to help Deutsche expand its market share in the fast-growing online payment processing market...