PingPong announces its authorisation as an Electronic Money Institution (EMI) by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg. This would make it the first Luxembourg based B2B fintech, with offices in Hangzhou, New York, San Francisco, Japan and Hong Kong to achieve this feat in the EU after applying in December 2019. The license enables PingPong to offer a more flexible array of […]

IDEMIA, the global leader in augmented identity, has expanded its footprint in the Middle East through the acquisition of Saudi Arabia’s most prominent card personalization bureau. Strengthened by PCARD’s capabilities, IDEMIA will offer an expanded range of world-class card payment services and solutions to the Kingdom’s banking and payment ecosystem. International Smart Card Factory Company, […]

The future of Singapore remains positive with the public and private sectors working hand-in-hand to help Singaporeans stay on the front foot of change.  As the external environment evolves rapidly, putting in place a robust infrastructure of support and resources alone is not enough.  It is important for people to have an open mindset and […]

Neiman Marcus has announced a partnership with Affirm that will bring a more flexible and transparent alternative to customers shopping for luxury products. Under the partnership, eligible shoppers can access their favourite designer fashion or accessories online and enjoy paying overtime on a schedule that suits their needs and budget. Eligible Neiman Marcus shoppers can choose […]

Cynergy Bank has announced that it is partnering with Google Cloud and Wipro to provide a different digital banking model – a digital relationship bank. In addition to digitally enabled traditional lending and savings products focused on customer needs, the bank will introduce a new suite of digital products. These will be delivered through the […]

Sharjah Islamic Bank has announced that it  has  started offering customers banking services on Fridays. This service  is available in  all three branches of Mega Mall, Mall of the Emirates and City Centre Mirdif, all days of the week. The customers will be provided with different banking services and facilities. According to the new service […]

The fifth Belt and Road Summit, jointly organized by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), opened today. The two-day event (30 November and 1 December) is being held online this year with a new virtual platform that includes plenary sessions, one-to-one business matching […]

OCBC Bank has launched  OCBC SME Sustainable Finance Framework that makes it simpler and less costly for Singapore small and medium enterprises to access sustainable financing of up to S$20 million to accelerate their sustainability plans. SMEs will no longer need to spend time and resources to develop bespoke sustainable finance frameworks, prior to applying […]

UOB Malaysia has partnered with Dropee to help retailers and wholesalers digitalize and optimize their businesses while saving operational costs. Under the collaboration, the Bank has launched UOBxDropee, an exclusive package offering one-stop access to a range of financial solutions that cover cash management and trade finance as well as complimentary access to UOB Business […]

Scotiabank has announced the launch of a new Global AI platform that will provide customers with intelligent and personalized financial advice. The platform is enable the Bank to provide fast, relevant advice by anticipating and understanding customers’ needs. It is being used to operationalize several customer models into its retail banking businesses across the Americas. These […]