Banking
Deutsche Bank and Deutsche Sporthilfe extend their partnership until at least 2023
The partnership between Deutsche Bank and Deutsche Sporthilfe, which has existed for 20 years, will continue. Both sides have reaffirmed their successful cooperation and extended the contract for another three years. Deutsche Bank has been a partner of the...
Asia Pacific
Solace Powers Mobile Payments on Standard Chartered Bank Korea’s Digital Banking Platform
Solace has partnered with Standard Chartered Bank Korea (SCB Korea) to maximize the agility and efficiency of Standard Chartered's Straight2Bank (S2B), an online banking platform that allows businesses to make payments and track their transactions on the go.
Adopting a...
Banking
Citadele Bank to acquire ABLV Bank’s majority mortgage portfolio
Latvia-based Citadele Bank has agreed to acquire the majority of the mortgage portfolio owned by ABLV Bank, which is in liquidation procedure.
The mortgage portfolio includes several thousand mortgage loans with a total exposure above €170m. Citadele Bank stated that...
Banking
Craig Wright: Bitcoin Will Not Replace Banks
Bitcoin is known as the first-ever digital money successfully built on blockchain technology, a decentralized electronic cash system that many think aims to replace centralized financial institutions such as banks. However, Bitcoin creator Satoshi Nakamoto, known in the real...
Americas
Bank of America expands commercial contact-free payments
Bank of America has expanded its mobile wallet capabilities for corporate clients in EMEA and APAC. The bank first launched mobile wallet in the United States and Canada in 2018, and this expansion makes it the first commercial bank...
Banking
Virgin Money partners with Codat to boost business bank offering
Virgin Money has partnered with financial and accounting software provider Codat to strengthen its digital business banking offering.
Codat’s financial technology offering would facilitate the easy and secure exchange of data between Virgin Money and its business bank customers.
Under the...
Banking
Banking tech startups find new business opportunities as banks digitise systems rapidly
COVID-19 has been sympathetic to the cause of technology companies as manual processes have moved to digital at a faster pace through 2020. Some techies prefer to identify the pandemic as a watershed moment in the use of technology...
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