Mashreq Bank has appointed Vikas Thapar as its new Head of Business Banking and NEOBiz – the bank’s exclusive digital banking platform for SMEs. Vikas will manage the bank’s Business Banking segment and NEOBiz propositions, including defining go-to-market strategy and improving the overall delivery and experience for the business banking customers. As part of his responsibilities, […]

Garanti BBVA, BBVA’s Turkish unit, announced on Monday the launch of its new bank account aggregation service specifically for businesses, SMEs, and freelancers. According to Garanti, the services allow clients to view the amount debited and credited to their non-BBVA accounts. Garanti did explain that clients are required to enter the pertinent account details in Garanti […]

The 5-day round-the-clock Singapore FinTech Festival (SFF) and the Singapore Week of Innovation and Technology (SWITCH) organized by the Monetary Authority of Singapore (MAS) and Enterprise Singapore (ESG) ended on 12 December 20201. The event attracted 60,000 participants from over 160 countries with more than 2,000 speakers, over 1,300 exhibitors, 27 international pavilions, and 45 […]

The United Nations Development Programme (UNDP) Global Centre for Technology, Innovation and Sustainable Development and the Monetary Authority of Singapore (MAS) have signed a partnership agreement to help small and medium-sized enterprises (SMEs) leverage technology to better access global value chains. The partnership will provide SMEs with innovative financial and digital tools to help them […]

Commodities Intelligence Centre announces a momentous 2020 as it has jointly launched a “Digital Silk Road” initiative led by ZALL Smart Commerce Group, Asia’s leading B2B e-commerce Group, and joined Singapore’s Blockchain for Trade & Connectivity (BTC) Network. As Singapore’s first global physical commodities B2B e-trade platform powered by blockchain, together with ZALL’s latest global […]

The President and CEO of BankIslami, Syed Amir Ali stressed upon the stakeholders in the financial and banking sector to develop the solutions, models, and procedures for overcoming the economic challenges in wake of the pandemic while addressing the 4th International Conference on Islamic Banking and Finance at IoBM recently as a guest speaker. Regarding […]

Emirates Development Bank  has launched UAE’s National Supply Chain Finance platform. This platform will give businesses improved access to working capital by enabling suppliers to gain quicker access to money owed, while buyers get more time to pay off their invoices. The National Supply Chain Finance platform has extensive configurability to adapt to different regulatory […]

Al Masraf has announced the launch of its Corporate World Mastercard®, a new credit card that allows businesses to effectively manage a full suite of corporate payment needs and commercial solutions by promoting enhanced financial control, savings, efficiency, and employee benefits. An exciting new addition to the Bank’s comprehensive suite of Cash Management products, the payment solution […]

Bank Alfalah and Techlets Pvt. Ltd. have jointly agreed to deliver an innovative and fully integrated financial solution on Walee, a mobile app and web platform (www.waleepk.com) serving Pakistan’s largest influencer marketing platform with more than 50,000 users across more than 250 cities.   “Walee, Pakistan’s everyday trade app”, operated by Techlets Pvt. Ltd, was launched […]

DBS has launched QuickPay, a digital collection solution for recurring and one-off resident payments, including conservancy fees, facility booking fees and sinking funds. QuickPay, developed by DBS Bank in collaboration with homegrown PropTech company IBASE Technology Pte Ltd. QuickPay enables Management Corporation Strata Title (MCSTs)[1] and Managing Agent (MA) companies to collect resident payments digitally […]