BankingFeaturedConsumer use of digital banking accelerates in Asia–Pacific: McKinseyIFM CorrespondentSeptember 27, 2021September 27, 2021 by IFM CorrespondentSeptember 27, 2021September 27, 2021 Number of digital banking users in APac rose from 54% in 2017 to 88% in 2021... Read more
BankingFeaturedDeutsche Bank acquires Berlin-based payment service provider Better PaymentIFM CorrespondentSeptember 21, 2021 by IFM CorrespondentSeptember 21, 2021 The deal is expected to help Deutsche expand its market share in the fast-growing online payment processing market... Read more
FeaturedIslamic BankingNational Bank of Fujairah launches electronic trading platform NBFXIFM CorrespondentSeptember 20, 2021 by IFM CorrespondentSeptember 20, 2021 NBFX is available for both conventional and Shariah-compliant banking customers... Read more
BankingFeaturedPublic Bank is the first Malaysian bank to facilitate retail-based QR payment with ThailandWebAdminSeptember 7, 2021September 7, 2021 by WebAdminSeptember 7, 2021September 7, 2021 PBe QR service will now support DuitNow QR Cross Border Payment between the two countries... Read more
BankingFeaturedTreasury Department a major contributor to Ahli United Bank Kuwait’s profitabilityWebAdminSeptember 6, 2021September 6, 2021 by WebAdminSeptember 6, 2021September 6, 2021 Digital platforms and automation of processes were the main focus in Treasury from front to back and end-user... Read more
BankingFeaturedBank of Africa to launch a new innovative offering for South to North money transfersWebAdminSeptember 3, 2021 by WebAdminSeptember 3, 2021 In order to do so, it has partnered with Sopra Banking Software (SBS)... Read more
BankingFeaturedBank North becomes UK’s newest SME bank after acquiring operating licenceWebAdminAugust 26, 2021 by WebAdminAugust 26, 2021 The bank will open the doors of its first lending Pod in Manchester... Read more
BankingFeaturedAjman Bank-Kamel Pay partner to bring innovative payment solutions to the UAEWebAdminAugust 23, 2021 by WebAdminAugust 23, 2021 The partnership will have a substantial impact on the adoption of secure and cashless payments across the UAE... Read more
BankingFeaturedUK-based fintech Kroo receives banking licenceWebAdminAugust 17, 2021 by WebAdminAugust 17, 2021 Kroo is one of the only two new banks to be authorised in 2021 so far... Read more
FeaturedIslamic BankingSharjah Islamic Bank launches its new SIB digital accountWebAdminAugust 17, 2021August 18, 2021 by WebAdminAugust 17, 2021August 18, 2021 Sharjah Islamic Bank launches its new SIB digital account... Read more