Banking

Finastra, a global provider of financial software applications and marketplaces announced the completion of a Swiss Interbank Clearing (SIC) instant payments readiness project. Using Finastra’s cloud-based Service Bureau offering, Swiss banks can seamlessly transition to facilitating instant interbank payments. It...

BNP Paribas and Mistral AI have entered into a multi-year partnership agreement, enabling BNP Paribas to access and utilize Mistral AI's current and future commercial models across all its business lines. This collaboration extends a relationship that began in...

NatWest is announcing the launch of Cora+, an upgrade to its digital assistant, Cora, developed in collaboration with IBM. NatWest is to introduce the new version of Cora during London Tech Week and will be one the first banks...

Oman Arab Bank (OAB) has introduced a new direct debit product in an endeavour to “streamline and automate transactions while enhancing payment security standards”. The service, designed for both OAB’s individual and corporate clients, is anticipated to simplify the bank’s...

MongoDB, Inc announced that Bendigo and Adelaide Bank has partnered with MongoDB to modernize its core banking technology with MongoDB Atlas as the keystone of an ambitious application modernization initiative. During the initiative, the bank: Reduced the development time required...

Doha Bank and Mastercard have entered a long-term strategic partnership to maintain the bank’s leadership in customer service and innovative payment solutions. The move aligns with Doha Bank’s ‘Himma’ roadmap that aims to redefine how it operates and serves...

To enhance financial security, Reserve Bank of India (RBI) has successfully completed the testing phase of the fourth cohort of the regulatory sandbox (RS) focused on the prevention and mitigation of financial frauds. Six entities participated in this initiative...