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Banking

e& money and Ericsson partner to boost UAE mobile money service

e& money has partnered with Ericsson for a strategic multi-year partnership to strengthen and expand their FinTech platform. Through Ericsson’s FinTech solution, the Ericsson Wallet Platform, will bolster e& money’s infrastructure, making it more secure and reliable to manage...

Deutsche Bank partners with Taurus to provide crypto custody services

Deutsche Bank has signed a global partnership agreement with Swiss digital asset technology provider Taurus, to provide cryptocurrency custody options to its customers. Under the collaboration, Deutsche Bank will integrate Taurus’ digital asset technology to offer digital asset custody and...

Sopra Banking Software introduces AI-powered core banking platform

Sopra Banking Software (SBS) has introduced its new-generation, modular, real-time, cloud-native core banking platform, powered by artificial intelligence (AI) and cloud technologies. The SBP Core Platform is designed to support the complete range of banking services, including deposits, payments, lending,...

Russia’s VTB Bank to commence money transfer in Indian rupees for easier transactions and forex services improvement

VTB Bank one of Russia’s leading banking institutions, is set to commence money transfer operations in Indian Rupees by the end of September. The bank will enable retail customers to transact funds directly with individuals and legal entities in...

SBI introduces digital opening of NRE/NRO account setup through YONO

State Bank of India (SBI) has introduced a digital facility for Non-Resident Indians (NRIs) to effortlessly open NRE and NRO accounts (both savings and current accounts) through its mobile app YONO. This service is designed for NTB or 'new to...

Indian Bank Launches IB SAATHI to Enhance Financial Inclusion Services

Indian Bank has introduced a new initiative called ‘IB SAATHI’ (Sustainable Access and Aligning Technology for Holistic Inclusion) to bolster its financial inclusion efforts. The primary goal of IB SAATHI is to provide essential banking services to various stakeholders...

RAKBANK & UnionPay team to drive contactless mobile payments in UAE

RAKBANK, also known as The National Bank of Ras Al Khaimah, a financial institution in UAE and UnionPay International have announced their cooperation to drive contactless mobile payments in UAE. RAKBANK has enabled all their terminals to accept UnionPay contactless...

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