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Al Rajhi Bank, Saudi Arabia’s second largest bank and the world’s largest Islamic bank, reported a growth rate of 8 percent during 2015- 2018, with 8.9 percent increase in operating income and a 27 percent expansion in the number of mortgages in 2018. Additionally, its current accounts grew 6.6...
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Banking
NatWest pilots biometric payment card
UK bank NatWest is piloting in-card biometric technology that lets customers verify point-of-sale transactions with their fingerprints. The bank is working with Gemalto, Visa and...
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Santander to adopt BlackRock Aladdin platform
Santander Asset Management (SAM) has reached an agreement with BlackRock to adopt the Aladdin platform to accelerate the asset manager’s technological transformation. Digital transformation has...
Cards & Payments
IBM Blockchain World Wire, a New Global Payment Network, to Support...
IBM announced IBM Blockchain World Wire, a real-time global payments network for regulated financial institutions, is officially accessible in a growing number of markets. Designed...
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Nayax fully integrates Visa’s sensory branding technology
Nayax is the first cashless payment and telemetry solution supplier to globally integrate Visa’s suite of sensory branding cues onto a mobile payment application. Integrated...
Forcht Bank taps Fiserv to upgrade credit card portfolio
US Kentucky-based community lender Forcht Bank has partnered with Fiserv to upgrade its credit card portfolio. Under the arrangement, the lender leveraged Fiserv’s Card Risk...
Simplex to enable credit card payments for crypto purchases on Netcoins
Netcoins, a cryptocurrency exchange based in Canada, has collaborated with payment processing company Simplex to support the purchase of cryptocurrencies with credit cards. The new...
Worldpay, Sage partner to provide fast payments to businesses across UK and Ireland
Worldpay, a leading global payments technology provider, and Sage Pay, part of Sage Group, a market leader in cloud business management solutions, have announced...
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Mastercard Commercial Cardholders Get Even Greater Transparency into Amazon Business Purchases
Digital innovation is transforming the way we do business, making existing processes simpler, smarter and faster. Mastercard announced an upgrade to the back office...
