RBC Capital Markets announced the launch of Aiden, an AI-based electronic trading platform that uses the computational power to get improved trading results and insights for clients. In collaboration with RBC Capital Markets and Borealis AI, Aiden platform has been developed, a world-class AI research center created by RBC, as traders and AI scientists worked side-by-side […]

Stripe has entered into an agreement to acquire Paystack, a technology company based in Lagos that makes it easy for organizations of all sizes to collect payments from around the world. Stripe and Paystack have been working closely together for some time. In 2018, Stripe led Paystack’s Series A financing round and has provided ongoing guidance as […]

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 […]

Mastercard has announced partnership with Signzy to enable Signzy’s video-based KYC solution for its banking customers. With this partnership, Mastercard customers will benefit from a completely paperless, remote and secure onboarding solution for end-users.  This would be 99% faster than the traditional paper-based KYC process. Backed by artificial intelligence (AI) and machine learning (ML) technologies, […]

Mastercard has launched Mastercard Track Card to Account Transfer, a new business-to-business payments solution in Asia Pacific, It will allow businesses to use commercial cards to pay Suppliers regardless of whether they accept card payments. TrackTM Card will help businesses manage cash flow, eliminate manual work and expand payment options as Suppliers can receive card […]

  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 […]

Matthew Gamser, CEO of the SME Finance Forum, discusses the important role SMEs play in a country’s economy and what should be done to better support and promote them. The SME Finance Forum is a global center for knowledge exchange and networking created by G20 countries to support help close the SME finance gap around […]

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 […]

Boubyan Bank has announced the partnership with FinFirst Capital to launch its FinFirst financial services App.   Speaking on the occasion, Hamad Al-Fouzan, AGM & Head of Innovation & Partnerships at Boubyan Bank, stated: “The partnership agreement with FinFirst App aligns with the bank’s strategy of investing in digital banking services’ development and services that […]

Tinkoff has launched a financial messenger built into its super app for users to chat while making financial transactions. Customers will be able to share bookings, payments and gigabytes of traffic soon, as well as get quick access to chat bots and the Tinkoff ecosystem products and services, and more. For now its only available for Tinkoff super app users only, the financial […]