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...
Tag : banking
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...
Western Union, Bharti Airtel to launch cross-border payment in Africa
The real-time cross-border payment service will drive financial inclusion across the continent...
Two Chinese groups apply for Singapore digital banking licence
The Monetary Authority of Singapore has received 21 applications so far for digital banking licences...
Goldman bank licenced to operate in South Africa as part of expansion
The bank has become a member of Johannesburg Stock Exchange’s interest-rate and currency-derivatives market...