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 […]

  Travelex has partnered with advanced global payments platform Nium to extend digital remittance services to their users. Presently live live in Australia and Singapore, the digital remittance offering will be serviced by Nium’s global payment rails and real-time payment capabilities, enabling Travelex users to remit money to more than 50 markets across the world almost instantly.The service will be […]

IDEMIA has announced that it is collaborating with Microsoft to support its new Microsoft Azure Active Directory (Azure AD) verifiable credentials identity solution. Azure AD verifiable credentials enable organizations to confirm information about individuals, such as their education, professional or citizenship certifications, without collecting or storing their personal data. Verifiable credentials can replace all kinds […]

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 […]

The National Incubation Center has announced the launch of its latest hackathon, Hacktivate-4.0, to find solutions in the fin-tech space. The hackathon applications are open till the 31st of March 2021. The purpose of this event is to find practical innovative solutions to challenges faced in the fin-tech space. With an acceleration in the adoption of digital technologies […]

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 […]