BankingDBS Bank and IRAS join hands to digitalise tax paymentsPritam BordoloiAugust 6, 2020August 6, 2020 by Pritam BordoloiAugust 6, 2020August 6, 2020 IRAS now offers PayNow QR as a payment option on its myTax portal... Read more
BankingFeaturedThe Access Bank UK sees strong growth in key marketsInternational Finance Business DeskAugust 5, 2020October 13, 2020 by International Finance Business DeskAugust 5, 2020October 13, 2020 The main focus of the bank lies in building and strengthening customer relationships in sub-Saharan Africa, Asia and the Mena region... Read more
BankingRAKBANK to close 25% of its branches across UAEPritam BordoloiAugust 5, 2020August 6, 2020 by Pritam BordoloiAugust 5, 2020August 6, 2020 The bank will close a total of 9 branches... Read more
BankingFeaturedMonzo reports post-tax loss of £113.8 mn; operations affected by pandemicInternational Finance Business DeskAugust 3, 2020 by International Finance Business DeskAugust 3, 2020 The neobank’s investments in US expansion, hiring and marketing have impacted its performance growth... Read more
BankingFeaturedUK-based digital lender Selina Finance raises £42 mn fundingPritam BordoloiAugust 3, 2020 by Pritam BordoloiAugust 3, 2020 The funding includes £12 mn in equity and £30 mn in debt lines... Read more
BankingFeaturedHSBC launches digital account opening in MalaysiaPritam BordoloiJuly 31, 2020 by Pritam BordoloiJuly 31, 2020 This follows Bank Negara’s Malaysia unveiling of a new policy document for eKYC... Read more
FeaturedTechnologyOzow enhances open banking in South Africa through new product launchInternational Finance Business DeskJuly 30, 2020 by International Finance Business DeskJuly 30, 2020 South Africa's payment company Ozow has recently launched product Ozow PIN to further expand its business across the country... Read more
BankingFeaturedStandard Chartered to slash jobs on the back of profit dipInternational Finance Business DeskJuly 30, 2020 by International Finance Business DeskJuly 30, 2020 The bank has drafted a list of several hundred employees who will be eliminated as part of its cutback programme... Read more
FeaturedTechnologyDubai Economy and Emirates NBD to launch KYC blockchain platformPritam BordoloiJuly 29, 2020 by Pritam BordoloiJuly 29, 2020 The platform will facilitate secure digital customer onboarding and also instant bank account functionality... Read more
BankingFeaturedAbu Dhabi Commercial Bank to let go 400 employeesPritam BordoloiJuly 28, 2020 by Pritam BordoloiJuly 28, 2020 The bank decides to cut costs amid lower oil prices and the Covid-19 crisis... Read more