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State Bank of India (SBI) Partners with APIX to Launch SBI Innovation Hub at Singapore Fintech Festival

State Bank of India (SBI), the country’s largest bank, launches ‘SBI Innovation Hub’ in partnership with APIX, a leading global collaborative innovation platform for financial institutions and fintechs. SBI Innovation Hub provides a dedicated space for fintechs, startups, and innovators worldwide to design next-generation financial solutions tailored to meet the digital needs of SBI’s diverse customer…

FinTech · 6. NOV. 2024 · 2 Min. Lesezeit

TBC Uzbekistan Announces Strategic Partnership with Mastercard

TBC Bank Uzbekistan (TBC UZ), the country’s largest mobile-only bank, has signed a long-term strategic partnership with Mastercard, as the digital bank continues to build out its infrastructure for global payments and money transfers. The partnership will lay the foundations for TBC Bank Uzbekistan to introduce Mastercard cards and additional payment solutions, broadening the payment…

FinTech · 30. OKT. 2024 · 2 Min. Lesezeit

ClearBank And Visa Announce Intention To Partner For Issuance And Money Movement Solutions

ClearBank, the enabler of real-time clearing and embedded banking, and Visa, a world leader in digital payments, today announced their intention to collaborate for Issuance and Money Movement solutions, enabling clients to process both local and cross-border transactions. By utilising ClearBank’s cloud-native banking infrastructure, Visa could soon benefit from its real-time payment processing, enhanced transaction visibility…

FinTech · 29. OKT. 2024 · 2 Min. Lesezeit

Trustly to Process $100 Billion Annually, Leading the Pay by Bank Surge

Trustly, the global leader in Open Banking Payments, is on track towards processing $100 billion in Total Payments Value (TPV) in 2024, underscoring a substantial shift in the payments industry as merchants worldwide continue to explore card alternatives. To date, over 112 million consumers have used Trustly’s products globally, showcasing the appeal of Pay by…

FinTech · 25. OKT. 2024 · 4 Min. Lesezeit

Metro Bank Partners With Infosys To Accelerate Digital Transformation

Metro Bank, the UK’s community bank, has entered into a long-term collaboration with Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, to enhance some of its IT and support functions, while digitally transforming the bank’s business operations. The collaboration supports the bank’s ongoing efficiency and cost saving efforts. Collaborating with a…

FinTech · 18. SEPT. 2024 · 2 Min. Lesezeit

TBC Uzbekistan Launches Waiting List For TBC Business, The Country’s First Fully Digital Business Banking Service

TBC Uzbekistan, the leading digital banking ecosystem in Central Asia, launched a waiting list for its upcoming new product offering, TBC Business, set to go live later this year and become the country’s first fully digital banking service for SMEs and individual entrepreneurs. Building on its success as Uzbekistan’s first fully digital bank for consumers,…

FinTech · 18. SEPT. 2024 · 2 Min. Lesezeit

Qatar Development Bank To Act As Advisor On Strategic Investment And Partnership Between Fingular And Tess Payments

Qatar Development Bank (QDB) will orchestrate a strategic investment and partnership between Singapore-based global financial group Fingular and Qatar’s leading FinTech company, TESS Payments, through its subsidiary, Qatar FinTech Hub (QFTH). QFTH, a key initiative under QDB, will serve as the exclusive strategic and financial advisor for both parties, leveraging its deep expertise in facilitating…

FinTech · 17. SEPT. 2024 · 3 Min. Lesezeit

Waafi Bank Selects The Bank Of London As Its UK Banking Services Provider

The Bank of London announced it has been selected by Waafi Bank, a start-up bank based in Malaysia, as its banking services provider to support its plans to enter the UK with its Shariah-compliant banking offering. Founded in 2020, Waafi’s vision is ‘to bring Islamic banking to every corner of the globe’ and provide Muslims…

FinTech · 4. SEPT. 2024 · 2 Min. Lesezeit

GoCardless Closes Deal To Acquire Nuapay

Bank payment company GoCardless has completed the acquisition of Sentenial Ltd, operating under the Nuapay brand, from EML Payments Limited (ASX: EML). The deal, which was announced in March, will significantly scale GoCardless’ indirect channel proposition and fast-track the rollout of new capabilities that will enable customers to send as well as collect money through GoCardless. Introducing…

Venture & Investment · 2. SEPT. 2024 · 1 Min. Lesezeit

TBC Bank Uzbekistan Secures $25 Million From Swiss Impact Investor BlueOrchard

TBC Bank Uzbekistan (TBC UZ), the country’s largest mobile-only bank, announces today it has secured $25 million in debt financing from a private debt fund managed by Switzerland-based impact investor BlueOrchard Finance Ltd (BlueOrchard). These funds will be dedicated to further expanding TBC UZ’s ecosystem. This will contribute to the ongoing growth of the digital…

Venture & Investment · 29. AUG. 2024 · 2 Min. Lesezeit

UK Parents Feel the Financial Squeeze as Back-to-School Costs Soar, Reveals New Survey by Loqbox

A new survey by Loqbox, the UK’s leading credit building business, has unveiled the significant financial burden faced by parents as they prepare for the back-to-school season. The survey highlights that the cost of school uniforms and supplies is a major source of stress and anxiety for many families, with some parents resorting to loans or…

FinTech · 22. AUG. 2024 · 3 Min. Lesezeit

Surety Bank Chooses The Apiture Digital Banking Platform To Power Online And Mobile Banking

Apiture, a leading provider of digital banking solutions, today announced that Surety Bank, a Florida-based community bank with customers nationally, has selected the Apiture Digital Banking Platform to power online and mobile banking for its commercial and retail customers. Named one of the top-performing community banks of 2024 by the Independent Community Bankers of America, Surety…

FinTech · 22. AUG. 2024 · 2 Min. Lesezeit