Finastra has helped VPBank separate its treasury operations from its legacy core banking system with Finastra’s Fusion Kondor and Fusion Risk solutions. This move will enable the bank to grow its financial markets division by developing new complex products and improving operational efficiency through automation. “As an innovation leader in Vietnam’s banking sector, the digitization and modernization of our business […]

CellPoint Digital has been selected by Yas Theme Parks in Abu Dhabi, UAE, to enable the use of Alipay as an online payment method. The partnership will initially allow guests to use Alipay to book their tickets for the theme parks including Ferrari World Abu Dhabi, Yas Waterworld Abu Dhabi, and Warner Bros World Abu Dhabi. Therefore, CellPoint’s […]

Visa has partnered with Norway-based digital wallet Vipps to accelerate mobile payments in Europe. Visa’s clients and partners will now be able to take advantage of the Vipps platform to create their own digital wallets and offer customers new ways to pay, be paid, and manage their money. Antony Cahill, Managing Director European Regions at […]

Global money transfer start-up PaySii has partnered with MFS Africa to facilitate remittances into Africa.  This partnership will allow the company to service customers sending money to mobile money wallets in Nigeria, Ghana, Uganda, Cameroon, Rwanda, Ethiopia, Côte d’Ivoire, Zambia, Madagascar, Malawi, Congo, Niger and Benin. The partnership will facilitate the money transfers into mobile […]

Cashfac and Sterling National Bank have announced a strategic agreement to expand Sterling’s Escrow account origination and servicing capabilities.  The partnership will deploy Cashfac’s Virtual Bank Technology platform, delivered remotely via the Cloud. Consistent with Sterling’s strategy of providing technology-enabled solutions to small and medium sized businesses, Cashfac’s VBT platform will allow Sterling to provide scalable […]

“The need and demand for our tools have increased, and we are working on expanding our product portfolio”, said Asma Khan, Country Manager – Pakistan at Infobip, during an exclusive Q&A session with our Editor in Chief on the impact of COVID-19 on the overall economic landscape and digital service industry. 1. How is COVID-19 […]

Pakistan Telecommunication Company Limited (PTCL) has deployed Nokia automation, analytics, and machine learning software to enhance customer experience and improve customer service accuracy and efficiency. Among the products rolled out are Nokia Service Management Platform (SMP), which automates and simplifies the entire customer care process, and significantly reduces the time to resolve customer issues while […]

“The incumbents will of course pull through, but will become even more risk-averse. They may innovate slightly to accept life post-COVID, but not as much as FinTechs”, expressed Akmal Saleem, Co-Founder and CEO, Getrizq – UK, while discussing the landscape of financial sector and digital banking during an exclusive Q&A session with Daily NewsPK under […]