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
BankingFeaturedCitibank appoints new Southeast Asia chairmanPritam BordoloiJuly 24, 2020 by Pritam BordoloiJuly 24, 2020 Citi Malaysia chief executive officer Lee Lung Nien will take over the role of chairman... Read more
FeaturedFintechBankDhofar partners with Oman Air to launch payment gatewayPritam BordoloiJuly 14, 2020 by Pritam BordoloiJuly 14, 2020 The new service will enable the carrier's customers to process air tickets booking online using debit cards... Read more
BankingFeaturedADBC signs MoU with Tencent to leverage its cloud technologyPritam BordoloiJuly 10, 2020 by Pritam BordoloiJuly 10, 2020 We will see collaborations on cloud-based financial services and joint innovations towards a data-driven digital bank... Read more
BankingFeaturedUAE central bank to introduce a new overnight deposit facilityPritam BordoloiJuly 6, 2020 by Pritam BordoloiJuly 6, 2020 The new facility will allow conventional banks operating deposit their surplus liquidity at the central bank on an overnight basis... Read more
BankingFeaturedThe National Bank of Iraq sees growth despite the pandemicInternational Finance Business DeskJuly 2, 2020 by International Finance Business DeskJuly 2, 2020 The National Bank of Iraq ranks first in the country in terms of growth in customer deposits and net credit facilities... Read more
BankingFeaturedStandard Chartered extends Sh650 bn in financing for businessesInternational Finance Business DeskJune 23, 2020 by International Finance Business DeskJune 23, 2020 The loan extension will allow businesses to cope with the pandemic's impact... Read more