UOB announced the completion of the acquisition of Citigroup’s consumer banking businesses in Malaysia and Thailand. Completion of the acquisition for Citigroup’s consumer banking businesses in Indonesia and Vietnam is planned for 2023. The consumer businesses comprise Citigroup’s unsecured and secured lending portfolios, wealth management and retail deposit businesses. The acquisition is part of UOB’s […]

OCBC Bank announced the appointment of Mr Sunny Quek as the Head of Global Consumer Financial Services with immediate effect. Reporting to the Group Chief Executive Officer, Mr Quek will lead the consumer banking and wealth management businesses in Singapore, Malaysia, Indonesia, and Greater China. The consumer banking wealth management business is managed under the […]

In line with its digital transformation strategy, and its drive to keep pace with the latest digital technologies that are focused on enriching the banking experience of its customers, ahlibank has launched its first multi-functional device for express banking services, at its newly opened branch in Madinat al Sultan Qaboos, to expedite banking processes and […]

The West African financial sector has been witnessing a wave of digital innovation that has fueled services and applications that had the potential to really shake up the banking sector. Banks, Fintechs, and financial institutions have been harnessing digital solutions designed to serve touchless and remote banking, which has unlocked opportunities for the millions of […]

Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has signed a strategic partnership with renowned global banking solution provider, TPS for the induction of its ground-breaking and all-encompassing digital banking suite to boost business agility and digital readiness. Through this partnership, MMBL is dedicated to transforming its digital payments infrastructure while increasing its efforts […]

Allied Bank Limited in collaboration with National Incubation Center Fintech Hackathon 2022 Finale was held in Lahore on 17th October 2022. The NIC and ABL aimed to find practical innovative solutions, prototypes and disruptive ideas that can transform Fin-tech, not just in Pakistan, but across the globe through this hackathon. The following thematic areas were […]

Temenos announces that Police Bank has selected Temenos Retail Banking Services running on the Temenos Banking Cloud to modernize its core systems. Police Bank is building a bank fit for the modern economic and banking environment with digital services to support long-standing members and attract a younger demographic. Temenos’ open, cloud-native platform will allow the […]

Faysal Bank Limited (FBL), one of the leading Islamic Banks in the country, and K-Electric have come together to ease customer’s payment burden in times of economic crunch. As part of the collaboration, Faysal Islami Noor Card holders will now be able to pay their electricity bills through easy installment plan options of up to […]

ABN AMRO is introducing ID & pay, the app that replaces cumbersome onboarding and payment processes with a single online identification and payment functionality within the bank’s own secure environment. In a pilot partnership, the bank and Swapfiets are working together to offer new and existing customers a way to sign up and pay for […]

Khushhali Microfinance Bank Limited is a leading financial institution of Pakistan, which is introducing global standards of banking for economic growth of the country, while it has a broad based ‘Corporate Social Responsibility’ (CSR) program, to ensure the wellbeing of wider community. Khushhali Microfinance Bank CSR Program – ‘Education for Khushhali’ is providing educational support […]