Banking
BOB Financial and Mastercard to launch world’s first QR on Card programme to simplify digital payments
Mastercard and BOB Financial Solutions Limited (BFSL) have come together to offer an easy, frictionless payment solution for cardholders with the launch of ConQR β a Mastercard QR on Card solution.
This solution uses a Mastercard patented technology which enables...
Banking
DBS, J.P. Morgan and Temasek to establish platform to transform interbank value movements in a new digital era
DBS, J.P. MorganΒ 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...
Banking
BNP Paribas reports 38% rise in Q1 2021 income to β¬1.7bn
BNP Paribas has reported a net income of β¬1.76bn for the first quarter ended 31 March 2021, an increase of 37.9% compared to β¬1.28bn for the corresponding quarter in 2020.
The bank has reported an operating income of β¬2.33bn for...
Banking
Brim raises fresh funds to accelerate digital payment products launch
Canadian fintech platform and certified credit card issuer Brim Financial has raked in $25m in a Series B financing round co-led by Desjardins Group and US-based EPIC Ventures.
The round was also joined by other Canadian and US-based investors including...
Americas
ACI Worldwide, InComm Payments team up to digitise cash payments
US-based payment system company ACI Worldwide has joined forces with payments technology company InComm Payments to digitise cash payments.
The company said that cash payments are essential for some consumers, such as the unbanked or underbanked populations. The partnership will...
Asia Pacific
Axis Bank launches WhatsApp Banking – Bank Anywhere, Anytime on your favorite chatting app
Indiaβs third-largest private sector bank, Axis Bank is embarking on a partnership with the popular chatting app β WhatsApp β to offer basic banking services to its customers. This will allow customers to seek information regarding their account balance,...
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...
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