Articles with tag: joint venture

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Malaysia – CapBay, KIBB to create a SCF fintech

News | E-invoicing, SCF & E-procurement | 30 Nov 2020

Malaysia-based fintech CapBay is forming a joint venture with KCI’s parent company Kenanga Investment Bank Berhad (KIBB) to create a supply chain finance fintech.

CapBay, KIBB, Kenanga Investment Bank Berhad, joint venture, SCF, SMEs, P2P, GLC, payments edition

Illimity, Fabrick partner for an open banking platform in Italy

News | Online & Mobile Banking | 23 Sep 2020

illimity, Banca Sella, Fabrick, and Hype have approved the agreement for the entrance of illimity in HYPE, thus giving rise to a Joint Venture equally owned by illimity and Fabrick.

Illimity, Banca Sella, Fabrick, Hype, open banking platform, Italy, HYPE, joint venture, fintech, light banking services, light banking, open banking, fintech projects, open banking solutions

HSBC Global Asset Management, Pollination partner for joint venture

News | E-invoicing, SCF & E-procurement | 27 Aug 2020

HSBC Global Asset Management and climate change advisory and investment company Pollination have entered into a joint venture agreement.

HSBC Global Asset Management, Pollination, joint venture, climate change, investment, HSBC Pollination Climate Asset Management, natural capital manager, natural capital, investments, wealth funds, pension funds, insurers

SEBA Bank, Lightnet Group partner for joint venture

News | Payments General | 25 Aug 2020

Switzerland-based FINMA licensed SEBA Bank has signed a Memorandum of Understanding with Lightnet, a Singapore-based fintech company.

SEBA Bank, Lightnet Group, joint venture, Switzerland, FINMA, SEBA Bank, Memorandum of Understanding, Lightnet, Singapore, fintech, settlements, remittances, fiat currencies, settlement banking network, account, custodian, digital currencies, MTOs, money transfer operators, unbanked, fragmentation

IBM Canada, credit unions team up for payments modernisation on IBM Public Cloud

News | Payments General | 13 May 2020

A new Prairie Payments Joint Venture (PPJV) and IBM have signed an 8-year, multi-million-dollar agreement to digitally transform and modernise credit union payment services in Canada.

Prairie Payments Joint Venture, PPJV, IBM, IBM cloud, payment modernisation, digital transformation, real time payments

HSBC to buy out National Trust shares in HSBC Life China

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

UK-based HSBC’s insurance unit had agreed to acquire its China venture partner’s 50% stake in HSBC Life Insurance to expand its footprint in the Asian region.

HSBC, National Trust, HSBC Life China, joint venture, HSBC Life Insurance, HSBC buyout

NAB, AusPost to form anti-fraud joint venture

News | Digital Identity, Security & Online Fraud | 21 Jun 2019

National Australia Bank and Australia Post have planned to form a joint venture to shield online merchants and shoppers from the threat of identity fraud.

NAB, AusPost, partnership, anti fraud, fraud prevention, joint venture, identity fraud, Australia, CNP, card not present, collaboration, risks, privacy, government, data service, merchants

State Bank of India and Hitachi launch joint venture for payments

News | Payments General | 06 Mar 2019

State Bank of India (SBI) and Hitachi Payment Services have unveiled a merchant acquiring joint venture (JV) in Mumbai to get at the digital payments market in India.

State Bank of India, Hitachi, joint venture, payments, merchant acquiring

Raiffeisen banks go live on the Avaloq platform

News | Online & Mobile Banking | 01 Feb 2019

Raiffeisen and Avaloq have readjusted their long-term collaboration, allowing all Raiffeisen banks in Switzerland to go live on the Avaloq platform.

Raiffeisen, banks, Avaloq, Switzerland, collaboration, banks, central bank, acquisition, stake, joint venture

Reliance Jio, SBI team up for digital banking service

News | E-invoicing, SCF & E-procurement | 10 Aug 2018

Reliance Jio has teamed up with SBI to provide a platform offering digital banking, commerce, and financial services to customers via the Yono app.

Reliance Jio, State Bank of India, digital banking service, digital banking, commerce, financial services, Yono, India, joint venture

IBM, Maersk form joint venture for blockchain supply chain platform

News | E-invoicing, SCF & E-procurement | 17 Jan 2018

A joint venture between Maersk and IBM is to release a blockchain-powered digital platform for use by the entire global shipping ecosystem.

Maersk, IBM, supply chain finance, blockchain platform, automation, smart contracts, joint venture

Dubai creates first free ecommerce zone in Middle East

News | Ecommerce | 30 Oct 2017

Dubai has just launched Dubai CommerCity, the first free ecommerce zone in Middle East, a joint venture of USD 740 million between Dubai Airport Free Zone Authority (DAFZA) and wasl Asset Management Group.

Dubai, UAE, Middle East, ecommerce, free zone, joint venture, Dubai CommerCity, Dubai Airport Free Zone Authority, wasl Asset Management Group

Ant Financial, CK Hutchison establish joint venture

News | Mobile Payments | 02 Oct 2017

Ant Financial has formed joint venture with CK Hutchison to operate its payment app in Hong Kong, ending Ant’s solo management of the service.

Ant Financial, CK Hutchison, joint venture, payments, app, Hong Kong

Verimi, Europes pan-industry platform, to launch by the end of 2017

News | Digital Identity, Security & Online Fraud | 30 Aug 2017

Verimi, a joint European pan-industry platform for online registration, e-identity and data services will be launched by the end of 2017 with new partners on board.

Verimi, online registration, e identity, Europe, Deutsche Bank, authentication, joint venture

Malaysias CIMB and Alipay team up for mobile payments

News | Mobile Payments | 25 Jul 2017

CIMB Group announced its subsidiary will form an equity joint venture with Ant Financial Services Group to provide a mobile wallet and related financial services.

Malaysia, CIMB, Alipay, mobile payments, joint venture, partnership, mobile wallet

First Data, FLEETCOR partnership puts gift cards in a common pool

News | Online Payments | 08 Mar 2017

First Data, a commerce-enabling technology provider, and FLEETCOR Technologies, a fuel cards and workforce payment products to businesses provider, have formed a joint venture.

First Data, FLEETCOR, partnership, gift cards, pool, fuel cards, online payments, cards, joint venture