UOB has pioneered an artificial intelligence (AI) anti-money laundering technology, making it Singapore’s first  bank to apply AI concurrently to two anti-money laundering (AML) risk dimensions – transaction monitoring and name screening. UOB’s new AI anti-money laundering solution helps the Bank cut through large volumes of transactions to pinpoint suspicious activities. The AI solution sieves […]

Bank of America announced the launch of a CashPro self-service tool that allows clients to have real-time visibility into their international payments. CashPro, the SWIFT gpi module brings to life a wealth of cross-border payment data facilitated by the SWIFT network. “Our payments tracking tool populates SWIFT gpi information into a view that can be […]

Synechron announced the acquisition of Attra, an Australia-based technology services and solutions provider. Attra is focused on the banking, finance, and payments industries, and has a global delivery footprint in Australia, New Zealand, North America, Europe, the Middle East, and APAC. It has development centres in Melbourne, Australia; Dubai, UAE; and Bengaluru, Hyderabad, and Pune, India. […]

Chase, Mastercard, Air Canada announce partnership to launch airline’s Aeroplan U.S. credit card. As a part of this partnership, Mastercard will become the exclusive payments network for the new offering in the U.S. The new Aeroplan Credit Card from Chase is expected to launch in late 2021. Aeroplan will also become a transfer partner in […]

Societe Generale Group has announced the acquisition of Reezocar, a French platform specialised in the online sale of used cars to individuals. Reezocar is one of the digital platforms in France supporting private buyers looking for a used vehicle from major European markets, including France. A motorist services platform, Reezocar offers a unique customer experience through […]

Fiserv has been selected by the Bank of Queensland (BOQ) Group to deliver a card issuing and management solution that can support multiple brands and products for BOQ and Virgin Money Australia. The solution will initially be utilised by Virgin Money to support a new debit card program that will form part of the Bank’s […]

Santander Bank partnered with Insider to bring their customers one-to-one omnichannel experiences. Under the partnership, Santander will use Insider’s robust personalization capabilities to attract, engage, and convert new customers to drive the number of applications for their financial products and services. Insider’s AI-enhanced one-to-one multichannel marketing tools will enable marketers to deliver tailored, relevant, and loyalty-inspiring customer journeys. […]

DBS announced its plans to help retail customers, regardless of their income level or life stage, improve their financial wellbeing. The bank will harness its AI capabilities and the introduction of SGFinDex, a public-private open banking initiative, to avail its hyper-personalised financial and retirement planning solution DBS NAV Planner to Singapore residents. The AI-powered DBS NAV Planner is […]

DigiBankASIA has selected Backbase to offer its full-stack digital engagement banking platform solution for UNObank.  Together with ecosystem partners Mambu and Amazon Web Services (AWS), Backbase is powering UNObank to deliver a full spectrum of digital financial services for its initial launch in the Philippines. Backbase’s engagement banking platform is designed to digitize and streamline […]

Square has added DoorDash to its on-demand delivery platform, through a new partnership with DoorDash Drive sellers can tap into DoorDash’s nationwide network of Dashers as a new fulfillment option. On-Demand Delivery allows sellers to own their fulfillment process by offering delivery directly to their loyal customer base from their own website. When an order […]