HSBC has reached a long term strategic cloud agreement with Amazon Web Services (AWS) to drive digital transformation and deliver new and personalized banking services. Under the multi-year, global deal, HSBC will make AWS technology available across the bank’s lines of business. It will start with customer-facing applications and application modernization in its Global Wealth […]

Mambu, the market-leading cloud banking platform, has partnered with Currencycloud, the leader in providing embedded B2B cross-border solutions, to provide platform clients a greater ability to grow and be transparent with global payments. This partnership brings together two like-minded organizations to deliver out-of-the-box banking capabilities. By integrating Mambu’s true SaaS banking platform with Currencycloud’s suite of […]

Stc pay and Visa entered into a strategic partnership. The partnership will involve the issuance of Visa payment credentials to millions of STC pay customers enabling them to use their stc pay digital wallet for contactless, scan-to-pay (QR-based), and eCommerce transactions and international remittances via STC pay digital wallet. The strategic partnership, involving a multi-year […]

A Global Banking software provider was announced by IBS Intelligence as the leader in the Islamic financial services sector in IBS Islamic Sales League Table (SLT) 2020. For the eighth year in a row, Path Solutions was recognized as the undisputed leader in Islamic Banking with more new Islamic deals signed in 2019 than any of […]

Singtel’s Dash launches an insurance savings plan,’Dash EasyEarn’ to help the users to grow their savings. This insurance savings solution is offered exclusively through Singtel’s Dash app and underwritten by Etiqa Insurance. “Dash EasyEarn” adds financial services to the existing Dash mobile app, which currently provides payments, mobile data top-ups, e-commerce, lifestyle, and remittance services. […]

QNB Group, the largest financial institution in the Middle East and Africa, becomes the first bank in Sudan to have successfully performed an international payment card transaction in partnership with Mastercard, a global technology company in the payments industry. The transaction was performed using a Mastercard virtual prepaid card product. QNB is also the first […]

Banco Santander will be hiring 3,000 IT professionals worldwide this year to support its commercial, technological, and digital transformation. As part of the bank’s strategy to leverage its global scale and grow its customer base and revenues, Santander confirmed at its Investor Day in 2019 plans to invest over €20 billion in its digital transformation […]

Klarna, the leading global payments provider and shopping service, today announced that it is launching a customer loyalty program called Vibe this summer, becoming the first buy now, pay a later service provider to offer a rewards program. The no-fee program will be rolled out to the US market in June before being extended to […]

HBL and the Pakistan Post Office Department (PPOD) have entered into a 20-year strategic alliance to further financial inclusion by leveraging digital technology. Under this agreement, HBL will provide investments in the form of technology, infrastructure, and capacity enhancement to the PPOD with the objective of enabling, technology-based and regulatory compliant digital, financial services in […]

In a bid to disrupt the digital financial services ecosystem, Dubai Islamic Bank Pakistan Limited (DIBP) has signed a partnership agreement to onboard Bookme.pk as its newest digital alliance partner on the bank’s digital platform. This arrangement will allow Digital Ticketing to offer ‘Digital Ticketing’ services to all DIBP Mobile App, Internet Banking, and Digital […]