Saudi Arabia issues new digital banking guidelines
The guidelines complement SAMA’s banking licensing guidelines and minimum criteria...
Category : Banking
Phongsavanh Bank is focused on becoming the bank of first choice in Laos
Chief Risk Officer Johnson Abraham in an interview with International Finance spells out the bank’s efforts over the years — and its ambition in the long run...
Banks will seek blockchain adoption in next three to five years
JP Morgan in its report notes that blockchain is vital to fast payments and digital currency...
Tonik secures $6 mn funding to launch digital bank in the Philippines
Investors who took part in the funding round include Insignia Ventures Partners and Credence partners...
Morgan Stanley to acquire online trading firm Etrade for $13 bn
The acquisition will allow Morgan Stanley to tap into Etrade’s 5.2 mn retail investors...
Axiata in talks with 11 parties for digital banking licence in Malaysia
The digital bank could go online by mid-2021...
SoftBank targets Latin America with additional $1 billion fund
SoftBank will target ecommerce, healthcare, fintech, mobility and insurance startups in the region...
South Africa to set up wealth fund, state bank to improve financial access
The plans for both proposals were announced by President Cyril Ramaphosa in his 2020 State of the Nation Address...
Maybank Islamic launches first overseas branch in Dubai
The bank’s Dubai branch will focus on wholesale banking which includes corporate financing, treasury, capital markets and trade finance...