Phongsavanh Bank is focused on becoming the bank of first choice in Laos
Chief Risk Officer Johnson Abraham in an interview with International Finance spells out the bank’s efforts over the years — and its ambition in the long run...
Tag : banking
British fintech Revolut secures $500 mn funding to fuel expansion
The UK startup digital bank is now valued at $5.5 bn...
Banks will seek blockchain adoption in next three to five years
JP Morgan in its report notes that blockchain is vital to fast payments and digital currency...
Tonik secures $6 mn funding to launch digital bank in the Philippines
Investors who took part in the funding round include Insignia Ventures Partners and Credence partners...
Morgan Stanley to acquire online trading firm Etrade for $13 bn
The acquisition will allow Morgan Stanley to tap into Etrade’s 5.2 mn retail investors...
Axiata in talks with 11 parties for digital banking licence in Malaysia
The digital bank could go online by mid-2021...
Emirates NBD Egypt is first in MENA to use switch technology for card payments
Mastercard World Switch Card will interlink both credit and debit accounts, allowing cardholders to switch to either for payments...
MUFG to invest over $700 mn in Singapore’s Grab
Both parties will jointly develop financial services such as insurance which will be available on Grab’s app...
SoftBank targets Latin America with additional $1 billion fund
SoftBank will target ecommerce, healthcare, fintech, mobility and insurance startups in the region...
CGS-CIMB launches online stock trading platform for retail investors
The online trading platform, called iTrade, is also designed to attract students in Indonesia...