Banking

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...

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...

Ceridian, a global leader in human capital management (HCM) technology, announced the availability of Dayforce Wallet, a revolutionary on-demand pay solution, in the United Kingdom (UK). This modern solution disrupts the concept of traditionally rigid pay cycles as it gives employees...

Vietnamese lending group Sacombank has selected Temenos Infinity to build digital banking capabilities and offer an omnichannel experience to retail and business customers. As part of the collaboration, Temenos will offer pre-composable banking services that are built on microservices and...

Through this partnership, Mastercard and AAIB will focus on the planning and execution of AAIB digital transformation strategy as well as delivering cutting-edge payment solutions that cater to the increasing consumer demand for convenient and safe digital payment methods. The...

Banco Santander, one of the largest banks in the world with over 157 million customers, and Forgepoint Capital, one of the world’s leading venture capital firms focused on cybersecurity, announced a strategic alliance to drive cybersecurity investment and innovation...

Despite regulators' advice to exercise caution in recent months due to a declining real estate market, two of Australia's largest banks reportedly secretly lowered some house loan rules. According to the sources, banks are currently less conservative when calculating predicted...