Banking

Mastercard and UK-based FinTech Paysend have expanded their collaboration to enhance cross-border payments for small and medium enterprises (SMEs), which are looking for ways to send money across the globe quickly and securely. While digital payments are seeing strong growth...

China's "shadow banking" sector is experiencing a growing crisis, posing a threat to an already troubled economy. Simultaneously, doubts are emerging about Beijing's capacity to use fiscal stimulus as a rescue strategy, according to a recent report. Bloomberg News reported...

UBS has recently announced a historic quarterly profit, setting a record for the largest ever reported by a bank. This achievement, with a staggering $29 billion (€26.6 billion) gain, is directly tied to its acquisition of Credit Suisse. Despite facing...

Switzerland has received a stern warning from a group of experts regarding the need to prepare adequately for the potential failure of a major bank. This advice comes in the aftermath of the collapse of Credit Suisse, a once-proud...

Paymentology and Moneythor, the global issuer-processor leader and the top-tier provider of data-driven engagement tools for banks respectively, have unveiled their collaboration. The essence of this partnership lies in offering unmatched and event-driven experiences to users of digital banking, utilising...

Bud Financial has unveiled a new generative Al core to its data intelligence platform, enabling banks and financial services organizations to apply artificial intelligence to every consumer engagement. The Bud.ai platform will empower any financial services to transform their transaction data into...

  JPMorgan has unveiled its plans to expand its online bank Chase to Germany and other European Union (EU) countries, reported German newspaper Handelsblatt. The US-based investment banking company said that the timing was undecided, and the move is expected to...