Circle has announced that Signature Bank will become their leading financial institution to hold billions of dollars in reserve deposits related to USD Coin (USDC), the fastest growing digital dollar in the world. The two companies also committed to a long-term roadmap that will kick off with the integration of Circle into SignetTM, the Bank’s groundbreaking, blockchain-based, […]

DBS has added a new feature on DBS’ AI-powered financial and retirement planning tool NAV Planner, which will provide specific investment recommendations that are tailored to their investment profile. As customers increasingly take a self-directed approach to investing digitally only two in 10 retail customers took action to invest over the past 12 months. The […]

Santander International has selected Temenos SaaS, implemented by Syncordis, to power-up its core banking platform transformation. Syncordis will help Santander International to transform its banking, savings and mortgage products IT infrastructure from an on-premise solution to cloud-native Temenos SaaS. This will enable Santander International to benefit from the security, resilience and elastic scalability of the […]

Al-Rajhi Bank has announced the launch of it’s application providing Soft POS on mobile phones as part of its technical and digital leadership solutions. The new and innovative application provides a new and fast electronic payment mechanism that provides POS customers from all establishments to convert their phones to a means of accepting payment as […]

Stripe has announced its official launch in the United Arab Emirates. This launch represents Stripe’s first expansion into the Middle East. Stripe is also opening a new UAE office, in Dubai Internet City, which will be the company’s first office in the region. Businesses operating online in the UAE can use Stripe to accept online […]

LendInvest has selected Credit Kudos to speed up its time-to-decision with a smoother customer journey, and to enhance affordability and credit risk assessments using Open Banking-enabled risk insights. Partnership between fintechs LendInvest and Credit Kudos will offer brokers and customers a seamless, more secure service, as well as enabling LendInvest to make more informed lending […]

MoneyGram International, Inc., a global leader in cross-border P2P payments and money transfers, today announced the launch of ‘MoneyGram as a Service,’ a new business line that enables other companies to access its leading global money transfer network through its powerful API-driven infrastructure and best-in-class technology. With this launch, enterprise customers can now leverage the Company’s […]

Crosscard has selected RegTech provider Know Your Customer to digitize, centralize and streamline its corporate KYC and onboarding process. Crosscard is a leader in European digital issuing solutions and offers payment products that put a business in control of how, where and when they spend money within their business. Crosscard is a reliable partner and […]

Atlantic-Pacific Processing Systems and Global Oculus have partnered to provide businesses with a real-time digital currency acceptance, clearing and settlement solution. The companies will pilot merchant acceptance of leading digital currencies for consumer purchases using fast trade execution speeds equivalent to traditional credit card transaction processing timeframes. Banks, acquirers and independent sales organizations will be […]

Digital payments platform PayPoint is stepping up the benefits for its digital solution, PayByLink to help businesses meet customer needs and provide greater support for the financially vulnerable. With the latest enhancements to PayByLink Recurring Payments, businesses can enable customers to decide whether to make a single, one-off payment, or set up a recurring payment. […]