Bank Islam Malaysia Berhad (“Bank Islam”) is charging ahead as a value-based intermediary to create a platform-based solution so more people can have access to Shariah-compliant products which are based on risk-sharing and fairness. Bank Islam, through its new division, Centre of Digital Experience (“CDX”), has been actively laying the foundation to set up a […]

Deutsche Bank and Mastercard are expanding their partnership to jointly develop innovations in the area of digital payments for business clients. The collaboration will enable companies to offer their products and services to new customer demographics, to develop digital business models and to expand sales channels in Germany and beyond. These include digital platforms where […]

Cloudentity has announced its partnership with Axway to deliver Zero Trust authorization for Open Banking services. Open Banking is driven by broader digital transformation, but accelerates the modernization of applications to manage customer access and consent to share their financial data, as well as the need to dynamically share that data within business and partner ecosystems. Cloudentity […]

Artesian Solutions has announced the launch of Artesian Connect™, a new way to solve complex and high-value frontline and middle office commercial banking challenges. Artesian Connect combines data-science with a revolutionary way to harness the collective expertise which exists within frontline banking teams in relation to their know-how around business development, spotting risks and opportunities, […]

National Bank of Oman has been selected as the onshore banking partner for International Distribution Network SPC. The distribution arm of Sainsbury’s, which is one of the UK’s largest food retailers, is preparing to establish a new operations hub in Sohar Port, launching over 12,000 FMCG products in the Middle East and Africa region. It’s […]

Swedbank partners with Meniga to launch next-generation digital banking solution to drive customer engagement through data discovery and improved user experience. The new digital banking solution is now live within all of Swedbank’s markets in Sweden, Estonia, Lithuania, and Latvia. The Internet Bank and mobile bank app has been developed to boost customer engagement and […]

Emirates Islamic has launched “businessONLINE” a digital business banking platform, to help businesses in the UAE manage all their banking needs on a single s platform. businessONLINE is a comprehensive digital global cash management ecosystem with trade, treasury, virtual accounting, collections and liquidity management functionality on one user-friendly platform. The platform enables UAE companies to […]

Mobilink Microfinance Bank Limited (MMBL), Pakistan’s largest digital bank with over 20 million registered and 8 million active digital wallets, has appointed Mohammed Ali Ibrahim as Vice President Corporate Communications effective from 11 December 2020. Under this role, Ali will be reporting to MMBL’s Chief Human Resources Officer Samiha Ali Zahid. Ali has over 15 […]

Larsen & Toubro Infotech has partnered with Temenos to launch Digital Banking Platform, powered by Temenos technology. The platform will modernize core banking systems in the Nordic region, as it brings together LTI’s expertise in the domain and its deep understanding of Temenos functionality and advanced cloud-native, cloud-agnostic, AI and API-first technology solutions, enjoyed by […]

The Monetary Authority of Singapore (MAS) announced four successful digital bank applicants. The full digital bank license was awarded to the Grab-Singtel consortium and SEA Group. The digital wholesale bank license were awarded to two entities namely; a wholly-owned entity of Ant Group and a consortium comprising of Greenland Financial Holdings, Linklogis Hong Kong, and […]