Banking

Doha Bank, one of Qatar’s major financial players, has teamed up with PayTabs Group, a payment orchestration firm serving the Middle East and North Africa (MENA). The partnership will give merchants access to more value-added services and help drive...

CIMB Bank Berhad (“CIMB” or “the Bank”) has unveiled a new wealth management platform designed to give users direct access to digital wealth solutions, expert analysis, and data-driven insights. The platform aims to provide services that are personalised, timely,...

Citi Investor Services has launched its Single Event Processing (SEP) technology in North America, bringing real-time transaction capabilities and enhanced operational efficiency to the region. The platform, which was first introduced in select European markets, allows for real-time processing...

Deutsche Bank has announced the successful execution of its first euro-denominated cross-border payment on Partior's blockchain platform, a major milestone in the bank's digitalization with distributed ledger technology. The live transaction on blockchain was executed in collaboration with DBS,...

UBS, PostFinance and Sygnum have completed what is being described as a first for Switzerland’s banking industry: a legally binding interbank payment using tokenized bank deposits on a public blockchain. The pilot, supervised by the Swiss Bankers Association, explored...

Lloyds Banking Group and Broadcom Inc. have entered a new multi-year agreement to drive forward the bank’s digital transformation. The new partnership is intended to help fortify the bank's infrastructure by harnessing advanced mainframe and private cloud technologies. As part...

For business firms, money is not merely a means of exchange. It is an accounting tool, unit of account, and a foundation for liquidity management. CBDCs (central bank digital currency) bring the promise of state-issued digital money that is...