Banking

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, announced that India’s Federal Bank is leveraging its UP Payments Risk Management solution to identify fraudulent card activity, mitigate losses and enhance customer relationships. Through ACI’s solution,...

German bank Deutsche Bank announced its plans to launch an electronic foreign exchange (e-FX) hub in Singapore. The bank will establish the hub by developing an FX trading and pricing engine, in conjunction with the Monetary Authority of Singapore...

The European Banking Authority (EBA) published today a preliminary assessment of the impact of COVID-19 on the EU banking sector. With the global economy facing unprecedented challenges, banks entered the health crisis with strong capital and liquidity buffers and...

Bangkok Bank has wrapped up its previously announced acquisition of a stake of 89.12% in Indonesian lender Bank Permata for $2.28bn from Standard Chartered and Astra International. Under the deal announced in December 2019, Bangkok Bank acquired 44.56% stakes each...

Digital Money Myanmar Limited and Ant Financial Services Group, operator of Alipay, announced a strategic partnership to promote financial inclusion for the unbanked and underbanked communities in Myanmar. Ant Group’s expertise in mobile payment and digital financial services will...

Bangkok Bank has wrapped up its previously announced acquisition of a stake of 89.12% in Indonesian lender Bank Permata for $2.28bn from Standard Chartered and Astra International. Under the deal announced in December 2019, Bangkok Bank acquired 44.56% stakes each...

Arria NLG, a leading provider of Natural Language Generation (NLG) technology, announced a collaboration with The Bank of New York Mellon Corporation  to help asset managers and asset owners transform data into actionable analytics. BNY Mellon Data and Analytics...