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Building onto our previous reporting related to the partnerships that took place in Q3 2023 within the payments and commerce space, this analysis focuses on the banking and fintech industry.
banking, fintech, fraud prevention, financial crime, Open Banking, Open Finance, crypto, web3, The Paypers Quarterly Analysis series
Switzerland-based Temenos has announced a partnership with Gprnt, the Monetary Authority of Singapore’s (MAS) new integrated digital platform.
partnership, digital banking, ESG, carbon footprint, KYC, sustainability
Vietnam-based Lien Viet Post Joint Stock Commercial Bank (LPBank) has selected Temenos to update its core banking platform for retail and corporate banking.
online banking, customer experience, financial services, retail banking, lending, trade finance, FX
Australian neobank Judo Bank has partnered with Netherlands-based firm Backbase to design new digital experiences for SME business banking and term deposit clients.
partnership, product launch, digital banking, mobile banking, online banking, financial services, financial institutions, financial data
Vietnam-based Orient Commercial Joint Stock Bank has announced its partnership with Backbase in order to improve its banking modernisation development.
partnership, banking, online banking, digital banking, mobile banking, financial institutions, financial services
Japan-based payment brand JCB has partnered with the Joint Stock Commercial Bank for Foreign Trade of Vietnam to launch the Vietcombank JCB platinum credit card.
credit card, cashback, product launch, JCB, loyalty programme
Japan-based global payment brand JCB has announced its partnership with VPBank to launch the new VPBank JCB Credit Card service for GenZ customers in Vietnam.
partnership, product launch, credit card, online banking, digital banking, online payments
Oman Air has partnered with HSBC Oman for an international payments process, that aims to increase efficiency and security.
partnership, cross-border payments, transactions , banks, travel payments
Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has gone live with Surecomp’s DOKA and allNETT solutions.
partnership, trade finance, banks, financial institutions, fintech
Cloud banking platform Temenos has announced that Saigon-Hanoi Bank (SHB) has selected Temenos to accelerate its digital transformation.
partnership, online banking, cloud, Temenos
US-based Office of Foreign Assets Control (OFAC) has expanded sanctions against Russia through blocking two state-owned financial institutions and restricting sovereign debt.
Russia Ukraine War, banks, financial institutions, financial services, regulation
The Saudi Central Bank (SAMA) has banned Saudi local banks from allowing the opening of accounts by entities that are involved in illegal operations.
central bank, regulation, money laundering, KYC
2C2P, a Singapore-based payments platform, announced today new partnerships in Vietnam and Cambodia to expand its cross-border remittance service, easy2send, from Thailand.
online payments, cross-border payments, partnership
partnership, Finastra, treasury, Open Banking
fintech, banks, digitalisation, data sharing, CBDC
challenger bank, partnership
LienVietPostBank, JCB, debit card, merchants
banks, credit card, product launch, merchants, partnership
In Vietnam, banks are becoming increasingly aware of Open Banking and recognising the need to embrace open APIs to keep up with the rapidly evolving financial landscape.
Open Banking, banks, API, central bank, fintech, eKYC
UnionPay International, Military Commercial Joint Stock Ban, business partnership, Vietnam, virtual cards, QR code payment, cards, merchants, e-wallet, mobile wallets