International Finance

Category : Banking

Disruptor tackles ‘closed shop’ of international payments sector

Tuxedo Money Solutions signs up to Saxo Payments Banking Marketplace for fast international trnsactions June 17, 2015: Saxo Payments on Tuesday announced a major contract win with Tuxedo Money Solutions. The ground-breaking Saxo Payments Banking Marketplace will deliver fast cross-border transfers for Tuxedo Money Solutions and its corporate client base, in all major currencies, in...

Saxo Bank subsidiary set to shake up international transactions sector

Saxo Payments Banking Marketplace provides a seamless conduit for bank transfers June 5, 2015 London: Global trading and investment bank, Saxo Bank, has invested in a business that is setting out to give the burgeoning FinTech sector a genuine alternative to the status quo in international payments. Established in 2013, SaxoPayments is addressing the compliance...

Saxo Bank subsidiary set to shake up international transactions sector

Saxo Payments Banking Marketplace provides a seamless conduit for bank transfers June 5, 2015 London: Global trading and investment bank, Saxo Bank, has invested in a business that is setting out to give the burgeoning FinTech sector a genuine alternative to the status quo in international payments. Established in 2013, SaxoPayments is addressing the compliance...

‘Full ASEAN banking integration will not happen in 2015’

The process is slow because members are not at all homogeneous, says Cedric Chehab, Head of Asia Research at BMI Research Giovanni Puglisi May 11, 2015: ASEAN members have stepped up efforts to create a single economic market by agreeing on a Banking Integration Framework, which aim is to strengthen the regional banks’ long-term competitiveness...

Pioneering business models lead to higher returns

Frost & Sullivan analyses key forces collapsing, disrupting and transforming the banking industry landscape April 23, 2015: Over the past decade and a half, banks have had to contend with a dynamic business model landscape. Key forces, like ever changing customer experience requirements, regulatory adjustments, and the rapid development of technology are transforming the banking landscape...

Bank Rakyat starts 2015 with new corporate office

It embodies the bank’s commitment to deliver nothing but the best to its 5 million customers and 950,000 members March 13, 2015: Bank Rakyat started 2015 by launching Menara Kembar Bank Rakyat, its new corporate office located along Jalan Travers, on the fringes of KL Sentral. Operating in a very conducive and modern environment, it...

Sacombank is reaping the benefits of its customer centric model

Its successful retail strategy is based on human resources, technology, financial capability and branch network March 2, 2015: Even since it was established 23 years ago, Retail Banking Strategy has been the key for Sacombank. It adopted a “Customer Centric Model” very early in order to achieve excellence in customer service as the main differentiating...

Bank robberies down, attacks on ATMs up

But, the greater threat is posed by developments in technology Peter Taberner March 2, 2015: Research by the European Banking Federation (EBF) has revealed that there continues to be a decline in bank robberies. According to the 22nd edition of their bank robberies report, there were 2,347 heists in 2013. These took place in the...

Gulf Bank to help develop an entrepreneurship ecosystem in Kuwait

Gulf Bank to help develop an entrepreneurship ecosystem in Kuwait,Will participate in the National Fund’s SME Debt Program....

ANZ gearing to tap growing potential in Vietnam

The formation of a consuming middle-class is occurring at a faster pace in Vietnam than in any other emerging Asian economy, including China, India and Indonesia February 11, 2015: Commencing operations in Vietnam in 1993, ANZ was one of the first foreign banks to open representative offices in major cities, including Hanoi (1993), Ho Chi...