VMware has announced the commercial availability of VMware Blockchain platform. The platform will provide a digital foundation for enterprises to build business networks and deploy business-critical decentralized applications. VMware Blockchain provides businesses an extensible and scalable enterprise-grade platform to unlock data silos and free up data to flow securely, privately and instantaneously. Brendon Howe, Vice […]

Salesforce and Slack Technologies have entered into a definitive agreement to acquire Slack in a $27.7 billion deal. Under the terms of the agreement, Slack shareholders will receive $26.79 in cash and 0.0776 shares of Salesforce common stock for each Slack share, representing an enterprise value of approximately $27.7 billion based on the closing price […]

Cynergy Bank has announced that it is partnering with Google Cloud and Wipro to provide a different digital banking model – a digital relationship bank. In addition to digitally enabled traditional lending and savings products focused on customer needs, the bank will introduce a new suite of digital products. These will be delivered through the […]

Sharjah Islamic Bank has announced that it  has  started offering customers banking services on Fridays. This service  is available in  all three branches of Mega Mall, Mall of the Emirates and City Centre Mirdif, all days of the week. The customers will be provided with different banking services and facilities. According to the new service […]

OCBC Bank has launched  OCBC SME Sustainable Finance Framework that makes it simpler and less costly for Singapore small and medium enterprises to access sustainable financing of up to S$20 million to accelerate their sustainability plans. SMEs will no longer need to spend time and resources to develop bespoke sustainable finance frameworks, prior to applying […]

UOB Malaysia has partnered with Dropee to help retailers and wholesalers digitalize and optimize their businesses while saving operational costs. Under the collaboration, the Bank has launched UOBxDropee, an exclusive package offering one-stop access to a range of financial solutions that cover cash management and trade finance as well as complimentary access to UOB Business […]

Scotiabank has announced the launch of a new Global AI platform that will provide customers with intelligent and personalized financial advice. The platform is enable the Bank to provide fast, relevant advice by anticipating and understanding customers’ needs. It is being used to operationalize several customer models into its retail banking businesses across the Americas. These […]

Digital Services Trade Platform has announced a strategic cooperation partnership with DBS bank. The partnership will focus on cooperation in the field of digital trade, providing users with efficient and convenient services in digital cross-border services, as well as the joint development and application of products. The cooperation between the two sides will make the most […]

Hang Seng Bank will waive a number of general banking fees and charges for services ranging from deposits and remittances to securities trading and foreign exchange, effective 1 January 2021. In addition, beginning 1 March 2021, customers will benefit from the removal of charges for additional services for outward remittance instructions and credit card replacement. […]

DBS has announced that it will be implementing a series of transformation initiatives to realise new ways of working in the next normal. These initiatives are a result of insights gathered from research, deep-dive experiments and employee surveys conducted by a cross-functional regional Future of Work (FOW) Taskforce which the bank convened six months ago. […]