Indian Government Gets Bids For IDBI Bank Majority Share
An official tweeted on January 7 that the Indian government has received several offers for a majority stake in IDBI Bank after the window...
The Arab World- At The Forefront Of Global Affairs In 2023
The fact that a 166-year-old Western financial institution turns to Saudi Arabia for bailout money is both a sign of the times and a...
Next Bank, a digital bank in Taiwan launches on Temenos
Next BankTemenos announced that Next Commercial Bank (Next Bank), a new digital bank backed by Chunghwa Telecom, Taiwan’s largest telecom operator, has gone live...
SAMA Develops Open Banking Lab For Financial Innovation
Saudi Arabia's central bank recently announced the opening of a new lab where businesses may test their products against a pre-established framework, which is...
Paysharp receives Payment Aggregator In-Principle License from RBI
Paysharp, an India-based B2B payments company, recently announced that it has received the Reserve Bank of India’s (RBI) nod for Payment Aggregator In-Principle License.
Krishna...
Flat6Labs and Wio Bank sign MoU to streamline SME-centric banking services
Abu Dhabi’s entrepreneurship ecosystem, Flat6Labs, the MENA region’s seed-stage program and early-stage venture capital firm, and Wio Bank, the region’s first platform bank, have...
Abu Dhabi Islamic Bank launches ADIB PAY
Abu Dhabi Islamic Bank, a financial institution, announced the launch of the region’s first tokenised, contactless payment methods through the options of clasp and...
Argo Blockchain sells Texas facility to Galaxy Digital for $65m
Crypto mining firm Argo Blockchain has entered into an agreement with Galaxy Digital Holdings to sell its Helios facility in Texas for $65 million...
MUFG Bank to invest $200m in Jakarta-based fintech Akulaku
MUFG Bank, a subsidiary of Japan’s Mitsubishi UFJ Financial Group (MUFG), has announced an investment of $200m in Jakarta-based banking and digital finance platform...
FinWise Bank selects Finastra’s Fusion Phoenix as core banking solution
Financial software provider Finastra announced that US-based FinWise Bank has selected its Fusion Phoenix as new core banking solution to support its digital expansion.
FinWise...