Banking

State Bank of India (SBI) has launched a Video KYC (know your customer) based account opening feature on its mobile banking app – YONO. This functionality will help customers open an account with India’s largest commercial bank without having...

NCR Corporation, a global enterprise technology provider for the financial industry, and Google Cloud announced a global strategic partnership. Under the terms of the agreement, NCR will expand cloud availability of its Digital Banking software portfolio, including NCR Channel...

European Union (EU) regulators have reportedly accused tech giant Apple of breaching antitrust laws by not allowing developers to provide other buying options outside of apps, to iPhone and iPad users. Apple’s rules over its in-app payment system, which is...

Visa has announced the use of USD Coin (USDC), a stablecoin backed by the US dollar, to settle its transactions over Ethereum, an open-source blockchain. The company is pilot testing the new capability with its partner Crypto.com and intends to...

Grid Dynamics Holdings, Inc. , a global provider of digital transformation consulting and development services, has launched a powerful new digital banking assistant solution. With this solution, banks will be able to offer AI-driven conversational experiences over mobile devices...

Mastercard and BOB Financial Solutions Limited (BFSL) have come together to offer an easy, frictionless payment solution for cardholders with the launch of ConQR – a Mastercard QR on Card solution. This solution uses a Mastercard patented technology which enables...

DBS, J.P. Morgan  and Temasek announced plans to develop an open industry platform to reimagine and accelerate value movements for payments, trade and foreign exchange settlement in a new digital era, through a newly-established technology company. The company, Partior2, aims...