Banking

The Reserve Bank of India (RBI) has announced a substantial increase in the Unified Payments Interface (UPI) transaction limit for hospitals and educational institutions. The new limit In a significant move to boost digital payments, the Reserve Bank of India...

Pidgin, a secure real-time payments platform, has partnered with Modern Banking Systems, a provider of core bank processing solutions, to enable community financial institutions to offer real-time payments to their account holders. Through the partnership, MBS’s core solutions and digital...

AccessPay, the corporate-to-bank integration provider, has announced that it has become a Sage Recommended Solution, enabling customers across the world to increase the frequency and accuracy of their reconciliation processes and mitigate error-based risks. Through AccessPay’s connectivity via the SWIFT...

UK-based real-time clearing and banking platform ClearBank has teamed up with financial technology company LemFi to support LemFi’s e-wallet offering in the UK. LemFi selected ClearBank as its agency banking partner based on its payments and advanced banking infrastructure that...

JP Morgan is set to deepen its corporate banking services in the United Arab Emirates (UAE) with a significant expansion of its operations in Abu Dhabi. The move follows the Financial Services Regulatory Authority's (FSRA) approval of a category...

A collective of 10 large credit unions in Canada has chosen Caspian One as their “preferred partner” to deliver a customised Open Banking platform, tailored to the Canadian credit union system. The Large Credit Union Coalition (LCUC) led the request...

MENA-based bank Mashreq has teamed up with climate engagement platform Ecolytiq and Visa to launch a climate banking platform to its nearly one million customers in the United Arab Emirates (UAE) and MENA. Visa and Ecolytiq launched their joint ‘Eco...