City Bank has launched City Ekhoni Account, a mobile app for customers to open account instantly. This app will replace traditional method of account opening. City Bank has introduced E-KYC following the guidelines provided by Bangladesh Financial Intelligence Unit, BFIU. Opening  account is very simple. After installing  ‘City Ekhoni Account’ app, customers are asked to […]

First Abu Dhabi Bank has launched Digital Marketplace powered by payit, its digital wallet. It allows small and medium businesses to list and sell their products and services on the platform conveniently and make them accessible to a growing base of payit customers. Digital Marketplace platform will include a range of products and services, such […]

Stripe has entered into an agreement to acquire Paystack, a technology company based in Lagos that makes it easy for organizations of all sizes to collect payments from around the world. Stripe and Paystack have been working closely together for some time. In 2018, Stripe led Paystack’s Series A financing round and has provided ongoing guidance as […]

Deutsche Bank has rolled out  ‘Deutsche BizBanking’, a new platform under which its business clients ranging from self-employed small businessperson to medium-sized businesses will be served under single platform. The products and services of its Deutsche Bank, Postbank and FYRST brands will be managed by a single unit called “Deutsche BizBanking.”The bank has strengthened the […]

Mastercard has launched Mastercard Track Card to Account Transfer, a new business-to-business payments solution in Asia Pacific, It will allow businesses to use commercial cards to pay Suppliers regardless of whether they accept card payments. TrackTM Card will help businesses manage cash flow, eliminate manual work and expand payment options as Suppliers can receive card […]

  Citibank India and Mastercard has collaborated to launch ‘IKEA Family Credit Card by Citi’. This card provides instant in-store card bookings, direct payments via Bharat QR, accelerated reward points and attractive EMIs. Furthermore, the card will also offer reward points on all purchases with instant reward redemption at IKEA.The accumulated points can be redeemed in part […]

nCino  announced that Judo Bank will implement the nCino Bank Operating System® to streamline its lending operations and further enhance its client value proposition. Under the partnership with nCino, Judo is able to automate strategic aspects of the banking process and concentrate on its mission to deliver traditional relationship lending and vital credit to Australian SMEs. As part […]

Matthew Gamser, CEO of the SME Finance Forum, discusses the important role SMEs play in a country’s economy and what should be done to better support and promote them. The SME Finance Forum is a global center for knowledge exchange and networking created by G20 countries to support help close the SME finance gap around […]

Temenos has announced that FlowBank has selected Temenos Transact delivered as SaaS to power its new digital bank in Switzerland. The technology will enable FlowBank to rapidly launch and offer a new investing experience to private and institutional investors in Switzerland and internationally. By using SaaS, FlowBank will create a hyper-efficient cost model and reduce IT […]

Tata Consultancy Services has announced that Bahrain Development Bank has selected  TCS BaNCS™ Global Banking Platform for its core banking transformation. The bank selected the front-to-back digital offering, TCS BaNCS Global Banking Platform, enabled with APIs and cognitive tools such as AI and analytics. The platform will help BDB meet the unique needs of the small […]