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Bloom Bank Gambia launches its digital banking platform

News | Online & Mobile Banking | 24 Jun 2022

Bloom Bank Gambia has launched its new technology digital banking system.

banks, product launch, digital banking, SMEs, cashless

Freo launches its digital savings account

News | Online & Mobile Banking | 24 Jun 2022

India-based neobanking platform Freo has launched its digital savings account ‘Freo Save’ in partnership with Equitas Small Finance Bank

partnership, banks, product launch, digital banking, neobanks

ICICI Bank launches digital platform dedicated to students

News | Payments General | 24 Jun 2022

ICICI Bank, an India-based private sector lender, has launched a digital platform to address the needs of the students aspiring to pursue higher education.

banks, product launch, digital banking, financial services, payments

Raisin Bank acquires Bankhaus August Lenz payment division

News | Payments General | 24 Jun 2022

Germany-based fintech Raisin Bank has acquired the payment division of Bankhaus August Lenz.

banks, payments , acquisition, fintech, expansion

Glia acquires Finn AI

News | Online & Mobile Banking | 24 Jun 2022

Glia, a US-based provider of Digital Customer Service (DCS), has acquired Finn AI, an artificial intelligence-powered chatbot platform for banks and credit unions.

fintech, acquisition, artificial intelligence, banks, financial services

DZ Bank subscribes to Surecomp's ROVO platform

News | E-invoicing, SCF & E-procurement | 24 Jun 2022

Germany-based DZ Bank has subscribed to Surecomp’s new RIVO platform for collaborative trade finance.

banks, partnership, trade finance, API, digitalisation

Codebase Technologies joins Visa Fintech Partner Connect

News | Payments General | 23 Jun 2022

Codebase Technologies, a UAE-based open API fintech, has joined Visa Fintech Partner Connect.

API, fintech, partnership, banks, payments

Reserve Bank of India disallows credit lines for non-bank prepaid instruments

News | Payments General | 22 Jun 2022

The Reserve Bank of India (RBI) has issued a notification disallowing non-bank prepaid wallets and prepaid cards from loading credit lines into these platforms.

banks, prepaid card, regulation, fintech, credit card

Visa Issuer Processing Service (DPS) expands to Germany with the DKB

News | Mobile Payments | 21 Jun 2022

Visa has announced expanding its Issuer Processing Service DPS to Germany. 

partnership, expansion, API, banks, PCI compliance, Visa, credit card, debit card

Nubank plans scooping up acquisitions

News | Online & Mobile Banking | 21 Jun 2022

Latin America-based digital lender Nubank has planned to scoop up acquisitions at bargain prices, as per Financial Times.

banks, fintech, acquisition, digital banking, credit card

Qatar National Bank launches its Open Banking platform

News | Online & Mobile Banking | 21 Jun 2022

Qatar National Bank (QNB) has launched its Open Banking platform for a wider audience including the bank’s customers, partners, and emerging fintechs in Qatar.

banks, product launch, Open Banking, fintech, API

Stripe launches new bank transfer proposition

News | Online & Mobile Banking | 21 Jun 2022

Stripe has launched a new bank transfer proposition in the UK and other markets, which aims to erase the operational pain of receiving and manually reconciling transfers for businesses.

banks, bank transfer, product launch, digitalisation, digital banking

Indian banks may join hands with Russian banks

News | Payments General | 21 Jun 2022

Indian banks have been suspected of wanting join hands with Russian banks that are not under Western sanctions to facilitate bilateral payments.

partnership, banks, financial sanctions, regulation, payments

Greater Bank and SAS join forces

News | Digital Identity, Security & Online Fraud | 20 Jun 2022

Australia-based Greater Bank and SAS have joined forces to deliver a new fraud detection and anti-money laundering solution that improves the protection of its customers.

partnership, product launch, API, fraud prevention, banks

HSBC Egypt launches Green Personal Finance

News | Payments General | 20 Jun 2022

HSBC Egypt has launched Green Personal Finance for its retail customers in Egypt, aiming to support clients on their journeys to a net zero carbon future.

banks, product launch, sustainability , ESG, retail

The Association of Banks in Singapore selects MonetaGo to deliver the Trade Finance Registry

News | Digital Identity, Security & Online Fraud | 20 Jun 2022

The Association of Banks in Singapore (ABS) has selected MonetaGo to deliver the Trade Finance Registry (TFR), an interoperable industry utility that bridges information silos between banks to combat duplicate financing fraud.

banks, fraud prevention, transactions , fraud management, risk management

Reserve Bank of India lifts restrictions on Mastercard

News | Payments General | 20 Jun 2022

The Reserve Bank of India (RBI) has lifted restrictions imposed in 2021 on Mastercard over issuing debit and credit cards to new domestic customers.

central bank, banks, regulation, debit card, credit card

Ant's application for financial holding company accepted

News | Payments General | 20 Jun 2022

China's central bank has accepted Ant Group's application to set up a financial holding company.

financial institutions, regulation, banks, payments , spend management

Ghana's GhIPSS launches GhanaPay mobile money service

News | Mobile Payments | 20 Jun 2022

Ghana-based banking association GhIPSS has rolled out a bank-wide mobile money service to individuals and businesses.

mobile payments, banks, financial inclusion, unbanked, QR code, product launch

BUNNI partners with Nordigen

News | E-invoicing, SCF & E-procurement | 16 Jun 2022

Netherlands-based accounting software provider BUNNI has partnered with Nordigen to connect their users to up-to-date transaction information.

partnership, banks, transactions , e-invoicing, cash flow