Foreigners can now own up to 40% in First Abu Dhabi Bank
The UAE central bank approves raising foreign ownership limit from 25%...
Category : Banking
Card-based payments might double in Cambodia by 2022
The Cambodian government and the National Bank of Cambodia have modified the financial infrastructure in the country. As a first step, card payments will become more frequent...
Standard Bank Group selects AWS as its preferred cloud provider
One of Africa’s largest lenders selects AWS to accelerate mass migration, drive digital transformation, and enhance security posture in the cloud...
Wyelands Bank expands its working capital solutions team
It is part of the bank's strategy to appoint Kelvin Thomas and Henry Wheeler in key regions to help small and medium businesses unlock growth...
AlexBank appints Non-Executive Chairman of The Board of Directors
The Board of Directors have approved the appointment of Dr. Ziad Ahmed Bahaa El-Din as Alexbank’s Non-Executive Chairman of The Board of Directors...
Banking Circle Virtual IBAN named best alternative payment solution
For the second consecutive year, Banking Circle Virtual IBAN has been named Best Alternative Payment Solution at the Merchant Payments Ecosystem Awards...
ONPEX secures seven-digit investment for Banking-as-a-Service platform
ONPEX is an award-winning, global cloud-based account and payment solution that combines SEPA and cross-border SWIFT transactions via a white label Banking-as-a-Service (BaaS) platform...
UK banks look to cut costs and get ahead in digital race
To remain competitive, traditional banks are increasing their investment in digital initiatives by 15% every year, expected to reach $296 billion in 2021...
Paragon expands business with series of new appointments
Jan Greenhalgh is among the recent uptake of new starters as Head of New Business in Asset finance...
Nationwide survey says UK banks are lagging behind demand for instant account set-up
A nationwide study of British consumers reveals that UK banks are struggling to keep up with the demand for instant bank accounts...