SC Ventures and Northern Trust have entered into an agreement to launch Zodia Custody. Zodia enables institutions to invest in the emerging cryptocurrency assets that are transforming how financial markets operate, including transaction and settlement activities. Zodia is expected to begin operations in London in 2021. Zodia will provide custody services for the most-traded cryptocurrency assets […]

DBS has announced that it will launch full-service digital exchange which will enable Institutional Investors and Accredited Investors to tap into a fully integrated tokenization, trading and custody ecosystem for digital assets. The digital exchange will use blockchain technology to provide an ecosystem for fund raising through asset tokenisation and secondary trading of digital assets […]

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. […]

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. […]

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 […]

Sberbank has announced that it has successfully gone live with Avaloq’s Software as a Service (SaaS) solution. Sberbank (Switzerland) AG provides a range of corporate client and financial-market services that include trade finance, structured finance, transaction banking and global market products. Sberbank AG is the hub of Sberbank Group’s commodity trade finance for international commodity […]