Banking

Standard Chartered Bank and Microsoft Corp. on Tuesday announced a three-year strategic partnership to accelerate the bank’s digital transformation through a cloud-first strategy. This partnership marks a significant milestone for Standard Chartered in making its vision for virtual banking,...

Konsentus has joined forces with Ozone, a provider of open banking APIs, for an end to end solution capable of accelerating PSD2 open banking adoption. Ozone API is a platform that helps financial institutions deliver open banking APIs, and help...

Royal Bank of Canada (RBC) and its AI research institute Borealis AI have partnered with Red Hat and NVIDIA to develop a new AI computing platform designed to transform the customer banking experience and help keep pace with rapid...

YES BANK announced the launch of WhatsApp banking services to empower customers and enable them to bank securely from the safety of their homes. This is in line with the Bank’s strategy of building a transformed ‘Digital Bank’ by...

Deutsche Bank has joined forces with cross-border payments firm Airwallex to enable the latter to offer virtual account collections solution in Japan and API-enabled foreign exchange (FX) services in Hong Kong. The virtual account collections solution is already live in...

Touch-free payments are coming to CVS stores across the U.S. thanks to a new partnership between PayPal and payments technology company InComm. PayPal and InComm on Thursday (July 30) unveiled a QR code payment system that will enable touchless checkouts...

The Bank of England (BoE) is pushing ahead with an overhaul of a key part of the United Kingdom’s financial payments infrastructure. The U.K.’s central bank announced on Thursday (July 30) that it has hired IT firm Accenture to revamp...