Category: Wholesale

January 4, 2023

What is Smartpay? Smartpay was founded in June 2021 by seasoned industry professionals who had previously held leadership roles in Instagram, Standard Chartered Bank, Facebook, Stripe, Adyen and Mastercard across the Asia Pacific, and Middle East, and North Africa (MENA) […]

January 2, 2023

Traditional banks in New Zealand have long served as gatekeepers of customers’ data. This is about to change with the arrival of what’s called “open banking”, set to arrive in New Zealand by 2024. In essence, open banking is where […]

December 20, 2022

Established in 2004, Mumbai-based ISG claims to enable over 17 billion transactions annually for its clients through Genius, its Payments-as-a-Service platform, which the firm says is “secure, scalable and easy to integrate” and offers “seamless” connectivity with various payment methods, […]

December 14, 2022

Through the partnership Regnology will support the central bank with its Data Management Maturity Programme (DAMAMA) initiative – which aims to transform its data management capabilities and establish a unified regulatory reporting platform. Regnology’s technology platform and Regulator 3 solution […]

November 29, 2022

The suite of digital tools to support small businesses will be integrated into Freedom Bank’s online and mobile banking platforms. The community bank’s business clients will now be able to generate professional invoices and send them directly to their customers, […]

November 15, 2022

With approximately six million users of open banking and more than 230 regulated providers, the UK has been a leader in the segment, creating a blueprint for open banking. “We should sit down and take stock of how much we’ve […]

November 10, 2022

Sacombank is one of Vietnam’s largest banks, with more than 15 million retail and business banking customers. The adoption of Temenos Infinity will allow it to deliver a unified and enhanced omnichannel experience for these increasingly digitally savvy customers. Sacombank […]

October 24, 2022

The European Central Bank (ECB) has announced that the launch of new real-time gross settlement system and T2 are rescheduled from 21 November 2022 to 20 March 2023. An additional four-month period is meant to ensure greater system stability and […]

October 24, 2022

Hong Kong to Issue Retail Tokens and Stablecoins as Part of Project Aurum A collaboration between the BIS Innovation Hub Hong Kong Centre, the Hong Kong Monetary Authority (HKMA), and the Hong Kong Applied Science and Technology Research Institute has […]

October 24, 2022

With the adoption of Fusion Essence, Delta Bank is migrating its core from on-premise to a cloud-native software-as-a-service (SaaS) solution. The bank, which provides international private banking services to South American investors, is also adopting anti-money laundering (AML) and know […]

October 21, 2022

Billhop says that the partnership will enable Lloyds Bank’s clients to “overcome common card-payment barriers stemming from low card acceptance rates on the supplier side”. Businesses will be able to pay all invoices using the bank’s Commercial Card, including invoices […]

October 19, 2022

The solution is being implemented with Finastra’s partner, Tesselate. Commenting on the deal, Nadia Maslah, chief information officer (CIO) at UBCI, says Finastra’s offering “stands out with its proven capabilities that support growth and corporate banking digitalisation”. “The end-to-end automation […]

October 14, 2022

UBCI has a network of 103 branches and offers a wide range of products and services, including everyday retail banking, project financing, investment banking, bancassurance and wealth management. Profile says the bank was looking to standardise on a single treasury […]

October 6, 2022

Temenos says its cloud-native core processing engine will allow the bank to roll out new digital services at speed as it embarks on a multi-year digital transformation drive. Craig Bennett, managing director of Asia Pacific at Temenos, says its technology […]

September 16, 2022

Robinsons Bank (RBank) in the Philippines has chosen paytech provider BPC and its flagship SmartVista payments platform. The new software will replace legacy systems at RBank and will be used to launch the bank’s new credit card issuance solution and […]

September 15, 2022

Banking tech provider Profile Software has signed Central Bank of Egypt (CBE), Egypt’s monetary authority, for its Acumen.plus treasury management system. “Having demanding compliance and reporting requirements, increasing volume of trades and data and extensive universe of instruments, the risk […]

September 14, 2022

“Many employees wait two weeks, or even a month, for payday to come around,” says Paul Margarites, head of commercial digital platforms for TD Bank. “With current pressure from inflation and other issues, this lack of access to earned wages […]

September 14, 2022

GYEN is the first JPY stablecoin approved by the New York State Department of Financial Services (DFS) and is a 1:1 backed stablecoin with assets held at FDIC-insured banks. The partnership demonstrates Anchorage’s support for responsibly regulated stablecoins, and offers […]

September 12, 2022

Once the acquisition is complete, Renovite will become part of JP Morgan Payments – which provides corporate treasury services, trade finance, card and merchant services. Founded in 2015 and based in Fremont, California, Renovite offers cloud-native software products for payment […]

September 12, 2022

Rostec Eyes Russky Island for Trials of Digital Currency Payments The largest Russian industrial and technology conglomerate, Rostec, us preparing to launch a project dedicated to integrating cryptocurrencies into cross-border transactions. The main task will be to limit the negative […]