ila Bank launches an in-app “Transfer by mobile number” feature to empower customers to make payments directly by simply entering a mobile number, through a collaboration with BENEFIT’s “BenefitPay” app. ila’s in-app “Transfer by mobile number” feature enables customers to transfer money to other ila users and those contacts with local bank Bahraini dinar accounts […]

Flux has partnered with Dozens the e-money institution and investment firm. Through this partnership, Dozens customers can activate digital receipts in their Dozens app and start receiving itemized digital receipts in their transaction feeds when they shop at participating retailers. These item-level receipts will help Dozens customers understand and track their spending, giving them greater control to […]

Temenos announced that Credito Emiliano S.p.A. (Credem) has gone live with a new mobile app, based on cloud-native Temenos Infinity, to accelerate its digital banking strategy. Credem has already launched a fully renewed new mobile app developed in just nine months using Temenos Infinity. The new app offers a basic set of features for personal customers […]

BlueSnap announced its continued efforts to empower and improve the digitalization of payments in education, offering education software providers the increased efficiency, risk mitigation and improved overall user experience that today’s schools, students and parents expect from edtech today.  The company’s Modern Education Payments Solutions allow edtech providers to offer their customers a better experience […]

The Saudi central bank announced that it had completed studying the licensing applications for two local digital banks to conduct banking business in the Kingdom. Based on the powers granted to the central bank through Banking Control Law, the central bank will submit licensing requests to the higher authorities in accordance with the provisions of […]

DFCC Bank moves forward by implementing the non-face to face onboarding process based on the guidelines issued by central bank and accessing the database of department of registration of persons to verify customer national identity card information. The process was implemented in May 2021 and many customers since have been onboarded. This initiative was timely […]

JS Bank has launched “JS Digi Cheque”, the first of its kind digital cheque service in Pakistan. The service allows users of the JS Bank Mobile App to send e-cheques instantly removing the need for provision of physical cheques. As part of strategy of digital innovation and a dedicated focus on customer convenience, JS Bank […]

Mastercard signed a partnership agreement with the Central Bank of Iraq (CBI) to digitize the country’s payment ecosystem. The partnership first aims to build a payment ecosystem, starting with the education sector, and expanding into other sectors. This will not only reduce the use of cash, promote the use of digital payments, and increase government […]

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 […]