JPMorgan Chase and C6 Bank announced that they have entered into a strategic agreement, whereby JPMorgan Chase will take a 40% ownership stake in the full-service Brazilian digital bank. Launched in 2019, C6 Bank has amassed more than 7 million customers on its digital platform. Positioned as an aspirational brand, C6 Bank offers a full […]

Pakistan’s largest digital bank, Mobilink Microfinance Bank (MMBL) has joined forces with leading global humanitarian and development non-governmental organization, CARE International in Pakistan (CIP), through a recent Memorandum of Understanding (MoU), to foster financial inclusion for small and medium businesses, especially those led by women to support their sustainable development.  President and CEO MMBL, Ghazanfar […]

SEBA Bank together with its partners Banque Internationale à Luxembourg and LuxCSD, announced that they have successfully completed their CBDC experiment with Banque de France. The alliance, led by SEBA Bank, performed the Delivery vs Payment of a listed security with TARGET2-Securities as delivery platform in test environment and CBDC tokens issued by the Banque […]

Societe Generale, one of the largest banks in Europe by total assets, has selected Temenos to modernize the account management and payment systems for its Global Transaction Banking activities in Europe and Asia. Societe Generale will replace existing legacy systems with Temenos’ cloud-native banking platform in 13 countries across Europe and Asia as part of […]

Scienaptic, leading AI-powered credit decisioning disruptor, announced that it has joined the Symitar® Vendor Integration Program (VIP). Participation in the program will provide Scienaptic with access to Symitar’s technical resources to enable its AI-powered credit decisioning platform to integrate with Episys®. The Vendor Integration Program is designed to help ensure that Symitar’s customers can easily […]

Republic Bank has selected Fiserv as its new strategic technology partner for core processing, payments and digital solutions. The partnership supports Republic Bank’s growth strategy by enabling enhanced digital experiences for consumer and commercial customers. Fiserv will support the bank’s technology-specific goals, helping deliver a seamless digital experience while keeping pace with new opportunities and […]

Standard Chartered has launched a new sustainable supply chain benchmarking tool. The Supply Chain Performance Indicator allows companies to do a “health check” on their operations and highlights which areas they need to focus on to achieve their aspirations. The assessment is based on five indicators: environmental soundness and transparency of direct suppliers and of indirect or […]

Orange Bank has teamed up with fintech Younited to extend and market its personal loan and assigned credit offers to new customers. This technological partnership will strengthen essential links in the bank’s consumer credit value chain in the areas of subscription, attribution, management and collection. The customer journey and distribution channels, which will continue to benefit […]

Mobilink Microfinance Bank Limited (MMBL), the largest digital bank in Pakistan, and Teamup, a leading incubation and acceleration platform have signed a Memorandum of Understanding on the 8th of June 2021, in a ceremony attended by key personnel from both organizations. Ghazanfar Azzam, President & CEO MMBL, and Zouhair Khaliq, co-founder Teamup signed the MoU […]

Mobilink Microfinance Bank Limited (MMBL) has been recognized as Pakistan’s largest microfinance bank in terms of growth in borrowers and savers during the first quarter of the financial year 2021. The latest issue of MicroWatch, a quarterly report on the country’s microfinance industry released by Pakistan Microfinance Network (PMN), reported that MMBL successfully increased its […]