Global Processing Services has secured strategic investment from Visa. Backed by UK growth private equity firm, Dunedin, this strategic investment will accelerate GPS’ global expansion, following its success in launching new and innovative fintechs and digital banks in Europe and South East Asia, including Revolut and Starling Bank. Joanne Dewar, Chief Executive Officer at GPS, […]

VEON has joined Sequoia Capital India and Flourish Ventures as investors in ShopUp, Bangladesh’s leading full-stack B2B commerce platform for small businesses, becoming ShopUp’s first strategic corporate investor. The investment enables VEON Ventures to support ShopUp’s fast-growing digital ecosystem for micro, small and medium-sized enterprises (MSMEs), which form a vital backbone of Bangladesh’s economy, as well as providing significant […]

Commercial Bank of Dubai (CBD), one of the leading financial institutions in the UAE, has signed a partnership agreement with NOW Money, the digital account service, to provide accounts and cards targeted specifically at low-income customers. NOW Money will open accounts for existing CBD low-income customers (previously known as Rateb customers) with immediate effect, allowing these customers […]

Karandaaz Pakistan, with support from the Bill & Melinda Gates Foundation (BMGF) and the UK’s Foreign, Commonwealth and Development Office (FCDO), has launched the second round of its annual challenge titled ‘Karandaaz Financial Inclusion for Women Challenge’. Under this challenge, Karandaaz is inviting applications to support ideas that create financial products specifically directed at women […]

David Wang, executive director of Huawei, has launched Huawei’s all-scenario intelligent connectivity solutions for home and enterprise scenarios at the sixth Ultra-Broadband Forum (UBBF). Through these scenarios, home broadband will enter the experience economy era and the digital transformation of industries will be accelerated. Every upgrade of connectivity has fundamentally changed society. Now, as we […]

Tabarak developments has launched  the very first e-payment platform among real estate developers, allowing clients to make payments digitally. The new e-payment helps save customers the time and effort spent in visiting the relevant office to pay their installments or deposits, but also helps protect the health and safety of customers and employees against COVID-19. […]

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 […]

  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 […]

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 […]