Articles with tag: initiative

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Pakistan rolls out online banking for expats

News | Online & Mobile Banking | 18 Sep 2020

The Pakistan Government has introduced the Roshan Digital Account, an online banking initiative for expatriates. 

Pakistan, Roshan Digital Account, online banking, initiative, expatriates, expats, fund transfers, bill payments, investment, central bank, State Bank of Pakistan, SBP, commercial banks, digital account, online account, bank branch

OBE, Moneyhub, Streeva partner for charity donations initiative

News | Online & Mobile Banking | 18 Sep 2020

Open Banking Excellence (OBE) has partnered with payment API provider Moneyhub and Streeva, a gift aid company for a charity-driven initiative.

OBE, Moneyhub, Streeva, charity donations, initiative, payments, API, payment API, open banking, fintech, QR code, bank account, gift aid, coronavirus, MyBnk, financial education, SSAFA, EACH, Bristol Inclusive Thrill Seekers, UK, United Kingdom, smartphone, donations

Fed joins MIT's digital currency initiative to explore Central Bank Digital Currency

News | Cryptocurrencies | 04 Sep 2020

The Federal Reserve Bank (FRB) has taken CBDCs seriously and has been engaged in efforts to research a path toward implementation.

distributed ledger, CBDC, FED, MIT Digital Currency Initiative, digital currency, US, central banks, commercial banks

Liquidity Capital, MUFG secure USD 80 mln initiative for Asia-based startups

News | Payments General | 11 Aug 2020

Israel-based AI technology firm Liquidity Capital has partnered with Japan-based MUFG Bank to determine the feasibility of issuing loans to Asian startups.

Liquidity Capital, MUFG Bank, initiative, Asia, startups, Singapore, Israel, Japan, Mars Growth Capital, Mars Growth, AI technology, bank accounts, accounting information, financing, ecommerce, Mitsubishi UFJ Financial Group, Meitav Dash Investments

Thought Machine joins the Banking Industry Architecture Network

News | Online & Mobile Banking | 10 Aug 2020

Thought Machine, a cloud native core banking technology company, has joined the Banking Industry Architecture Network (BIAN), a non-profit organisation that provides a common framework for banking.

Thought Machine, Banking Industry Architecture Network, BIAN, banking, network, cloud, technology, Vault, banks, Coreless Banking Initiative, Strategic Advisory Group, Infosys, Wells Fargo, PNC, Deloitte

Lloyds Banking Group partners with Form3 fintech

News | Online & Mobile Banking | 22 Jul 2020

Lloyds Banking Group has partnered with Form3, a cloud-native payments technology fintech, to accelerate its digital transformation and improve customers’ digital experience.

Lloyds Banking Group, Form3, fintech, payments technology, cloud, digital transformation, digital experience, payments architecture, New Payments Architecture, NPA initiative, cloud-native, PaaS, Payments as a service, UK, Europe, banks

Tradeshift and Raindew Trade launch a coronavirus Instant Supplier Payment Scheme

News | E-invoicing, SCF & E-procurement | 10 Jul 2020

Raindew Trade and Tradeshift, have launched a USD 1.5 billion COVID-19 Instant Supplier Payment Scheme (‘WePayNow Initiative’) in South Africa and selected African markets.

Tradeshift, Raindew Trade, COVID-19, coronavirus, SCF, supply chain finance, Africa, Instant Supplier Payment Scheme, WePayNow Initiative, South Africa, Denmark, Export Credit Agency, digitisation, digital, payments

Major Eurozone banks start the implementation phase of the European Payments Initiative

News | Online Payments | 02 Jul 2020

Today, a group of 16 major European banks from five countries (Belgium, France, Germany, the Netherlands and Spain) have paved the way for the future launch of the European Payments Initiative (EPI). 

European Payments Initiative, EPI, payments, banks, digital payments, BBVA, BNP Paribas, Groupe BPCE, CaixaBank, Commerzbank, Crédit Agricole, Crédit Mutuel, Deutsche Bank, Deutcher Sparkassen- und Giroverband, DZ BANK Group, ING, KBC Group, La Banque Postale, Banco Santander, Société Générale, UniCredit

The pan-European payment system initiative to be launched very soon

News | Online Payments | 01 Jul 2020

Twenty big European banks are getting ready to create a payment standard called the Pan-European Payment System Initiative (PEPSI), reports Electronic Payments International.

Pan-European Payment System Initiative, PEPSI, payments, banks, European Central Bank, ECB, European Commission

LexisNexis Risk Solutions, Synectics Solutions, NFI team up to manage fraud risks

News | Digital Identity, Security & Online Fraud | 24 Jun 2020

Global data and analytics provider LexisNexis Risk Solutions has announced its partnership with anti-fraud data management company Synectics Solutions

LexisNexis, risks, partnership, the National Fraud Initiative, Synectics Solutions, data, analytics, anti-fraud, management, UK, fraud detection, fraud prevention, onboarding, identification

India's IIFL rolls out initiative for fintechs affected by COVID-19

News | Payments General | 15 Jun 2020

India-based financial services group IIFL (India Infoline) has introduced an initiative that aims to support local fintechs that struggle due to COVID-19.

IIFL, India, fintech, covid-19, initiative, #IIFLDisrupt, accelerator, incubator, Wealthtech, Insurtech, robo advisory, transaction technology, MF distribution, wealth management, digital content, lending, data analytics, payment solutions

Chaser launches Cashflow Recovery Initiative for UK SMEs during Covid-19

News | E-invoicing, SCF & E-procurement | 31 Mar 2020

Credit control app Chaser has launched its Cashflow Recovery Initiative for UK SMEs during Covid-19.

Chaser, Cashflow Recovery Initiative, UK, SMEs, Covid-19, invoice

Islamic Development Bank launches USD 2 bln COVID-19 aid package

News | E-invoicing, SCF & E-procurement | 26 Mar 2020

The Islamic Development Bank (IsDB) has launched a USD 2 billion COVID-19 aid package for its member states.

The Islamic Development Bank, IsDB, SME financing, COVID-19, coronavirus, financial aid, trade finance, G20 Global Initiative, Middle East, MENA

Digital Trade Standards Initiative launches under the umbrella of the International Chamber of Commerce

News | E-invoicing, SCF & E-procurement | 04 Mar 2020

The International Chamber of Commerce (ICC) has launched the Digital Trade Standards Initiative (DSI) – a collaborative cross-industry effort to enable the standardisation of digital trade.

Digital Trade Standards Initiative, International Chamber of Commerce, digital trade

Singapore, New Zealand, Chile finalise digital economy pact negotiations

News | E-invoicing, SCF & E-procurement | 05 Feb 2020

Singapore, New Zealand, and Chile have finalised the Digital Economy Partnership Agreement addressing e-invoicing, fintech, data flows, and digital trade, writes ZDNet.

Singapore, New Zealand, Chile, Chan Chun Sing, Trade and Export Growth, David Parker, Rodrigo Yanez, World Trade Organization, WTO Joint Statement Initiative on E-Commerce, e-invoicing, digital identity, fintech, financial technology,

The Eurosystem welcomes the pan-European initiative for retail payments

News | Online Payments | 28 Nov 2019

Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at the Joint Conference of the ECB and the National Bank of Belgium on “Crossing the chasm to the retail payments of tomorrow

Eurosystem, European Central Bank, PEPSI, The Pan European Payment System Initiative, payments, banks, retail payments, Europe, global payments, innovation, banking

Twenty European banks working on setting up a pan-European payment system

News | Payments General | 12 Nov 2019

Twenty European banks are working on setting up a pan-European payment system to bypass Visa, Mastercard and technology companies such as Google and PayPal, confirmed to AFP sources involved in this project.

Europe, banks, payments, Pan European Payment System Initiative, PEPSI

PBoC prioritises digital currency development

News | Cryptocurrencies | 05 Aug 2019

The People’s Bank of China (PBoC), China’s central bank, has announced that it accelerated the development of its cryptocurrency.

China, central bank, digital currency, cryptocurrency, financial risk, financial initiatives, monetary policy

5 new banks join Trade Finance Distribution Initiative

News | E-invoicing, SCF & E-procurement | 15 Jul 2019

Five new banks have joined Trade Finance Distribution Initiative, directed at boosting trade finance in Africa.

Trade Finance Distribution Initiative, ABN Amro, Commonwealth Bank of Australia, Crown Agents Bank, London Forfaiting Company, Natixis, ANZ, Crédit Agricole, Deutsche Bank, HSBC, ING, Lloyds Bank, Rabobank, Standard Bank, Africa, trade fiance

Hapag-Lloyd and ONE join Maersk/IBM blockchain platform TradeLens

News | E-invoicing, SCF & E-procurement | 03 Jul 2019

German-based transportation company Hapag-Lloyd and Ocean Network Express (ONE) have joined the IBM/Maersk Line-led blockchain initiative TradeLens.

Hapag-Lloyd, ONE, Ocean Network Express, TradeLens, IBM/Maersk Line, blockchain initiative, supply chain finance, supply chain