Banking
American Express Launches Amex Business Link, a New Digital B2B Payments Ecosystem for Network Participants
American Express announced Amex Business Linkβ’,a new business-to-business (B2B) payments ecosystem for network issuing and acquiring participants to offer to their business customers. Amex Business Link makes managing payments easier for buyers and suppliers of all sizes by accepting...
Banking
Finastra and Veem partner to equip banks with digital AP and AR solutions
Veem, anΒ accounts receivable (AR) and accounts payable (AP) networkΒ for small and medium-sized businesses (SMBs), announced a partnership with Finastra, a global provider of financial services software applications and marketplaces, to offer business payments via native integration with Finastraβs Fusion...
Banking
Deutsche Bank Partners with NVIDIA to embed AI into Financial Services
Deutsche Bank announced a multi-year innovation partnership with NVIDIA to accelerate the use of artificial intelligence (AI) and machine learning (ML) in the financial services sector.
Combining Deutsche Bankβs financial industry expertise with NVIDIAβs leadership in AI and accelerated computing...
Banking
Swiss digital bank Alpian goes live on Temenos Banking Cloud
Switzerland-based digital private bank Alpian is now live with core banking and payments services running on Temenos Banking Cloud, hosted on Microsoft Azure.
The bank aims to create an offering that combines everyday banking with personalised investment and private banking...
Banking
UAE, Emerging Markets Inflation To Drop Steadily In 2023
In the upcoming year, sovereigns in the region of emerging economies, including the UAE, may anticipate a fall in inflation levels but tight financial circumstances, according to a new study from Moody's.
Consumer prices are expected to fall in 2019...
Banking
US Banks Develop A Guide For Doing Due Diligence For Fintech
A group of financial institutions is working to standardise how banks undertake third-party due diligence as more financial institutions form alliances with fintechs and other vendors. Banks that are part of the Alloy Labs Alliance started the initiative after...
Banking
As Chinese Economy Slows, Bank Loans Drop Lowest Since 2017
Due to broader coronavirus limitations and a housing drop, China's credit growth in October was the weakest since 2019 and bank loans increased by the smallest amount in nearly five years, raising concerns about a potential further slowdown in...
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