South Africa to set up wealth fund, state bank to improve financial access
The plans for both proposals were announced by President Cyril Ramaphosa in his 2020 State of the Nation Address...
Tag : banking
Thailand to introduce QR code for cross-border payments in Asean
Cross- border QR code payments to Singapore, Myanmar and Cambodia will be available by mid-2020...
CEO: Further acquisitions a possibility for Union Bank in 2020
The bank is focusing on expanding its digital presence...
DBS Bank uses NTP to complete first digital trade deal
The transaction relates to a $2.5 mn letter of credit between Audi and Premium Automobiles...
Deposits in Saudi Arabian banks increase by 7.3% in 2019
Savings and term deposits increase by 13.2% year-on-year in 2019 to SR 501.67 bn...
CIMB Philippines virtual bank provides AI-backed onboarding
While the process earlier took more than 15 minutes, now it can be completed in less than five minutes...
Standard Chartered invests in Singapore blockchain platform Contour
Contour aims at digitalising the letter of credit process...
StanChart and Bahrain Fintech Bay to nurture fintechs
The two parties will carry out thought-leadership and mentorship programmes and share their expertise and solutions with fintechs...
Philippines’ AgriNurture to provide digital banking services
Earthright Holdings, ArgiNurture’s parent company, buys stake in Binangonan Rural Bank...
MoneyGram, Suez Canal Bank enable seamless money transfers to Egypt
Suez Canal Bank will link to MoneyGram platform to offer new account deposit services to Egyptian customers...