City Bank has launched City Ekhoni Account, a mobile app for customers to open account instantly. This app will replace traditional method of account opening. City Bank has introduced E-KYC following the guidelines provided by Bangladesh Financial Intelligence Unit, BFIU. Opening  account is very simple. After installing  ‘City Ekhoni Account’ app, customers are asked to […]

First Abu Dhabi Bank has launched Digital Marketplace powered by payit, its digital wallet. It allows small and medium businesses to list and sell their products and services on the platform conveniently and make them accessible to a growing base of payit customers. Digital Marketplace platform will include a range of products and services, such […]

Deutsche Bank has rolled out  ‘Deutsche BizBanking’, a new platform under which its business clients ranging from self-employed small businessperson to medium-sized businesses will be served under single platform. The products and services of its Deutsche Bank, Postbank and FYRST brands will be managed by a single unit called “Deutsche BizBanking.”The bank has strengthened the […]

Mastercard has announced partnership with Signzy to enable Signzy’s video-based KYC solution for its banking customers. With this partnership, Mastercard customers will benefit from a completely paperless, remote and secure onboarding solution for end-users.  This would be 99% faster than the traditional paper-based KYC process. Backed by artificial intelligence (AI) and machine learning (ML) technologies, […]

Mastercard has launched Mastercard Track Card to Account Transfer, a new business-to-business payments solution in Asia Pacific, It will allow businesses to use commercial cards to pay Suppliers regardless of whether they accept card payments. TrackTM Card will help businesses manage cash flow, eliminate manual work and expand payment options as Suppliers can receive card […]

Temenos has announced that FlowBank has selected Temenos Transact delivered as SaaS to power its new digital bank in Switzerland. The technology will enable FlowBank to rapidly launch and offer a new investing experience to private and institutional investors in Switzerland and internationally. By using SaaS, FlowBank will create a hyper-efficient cost model and reduce IT […]

Ajman Bank has become among the First Banks in the UAE to successfully integrate with the UAE PASS authentication services on its Ajman Bank Mobile App. The UAE PASS is the first secure national digital identity for all citizens and residents, granting them secure access to smart services from various sectors in the UAE and […]

Avaloq has launched the Engage app, a solution that allows wealth managers and advisers to engage with clients through social messaging channels such as WhatsApp and WeChat in a secure and compliant manner. The Engage app allows relationship managers to service clients who use social messaging services in a responsive and timely manner and engage […]

du, from Emirates Integrated Telecommunications Company (EITC), has partnered with Amazon to launch a new service which will simplify everyday payment needs for pre-paid mobile customers. du customers can now recharge their pre-paid mobile balance through the Amazon.ae mobile app on Android and iOS, or the desktop and mobile browser via www.amazon.ae. Customers are required to […]

Standard Chartered Bank in Singapore has teamed up with Moneythor to launch its new data-driven SC Money Manager tool. The new tool helps customers manage their finances by providing a suite of personalized features including a holistic overview of historic trends and patterns, expense and income insights by category, customizable budgets, automated personalized alerts and […]