Banking

Qonto, a neo-bank for business accounts that was launched in France two years ago, has expanded to Germany, following previous openings in Italy and Spain. Qonto was the recipient of the first investment by Peter Thiel's Valar Ventures in France...

Standard Chartered has launched SC GPI Track, a publicly accessible portal that offers the ability to trace all cross-border payments cleared through the bank’s major clearing centres to its clients, as well as its corporate and retail clients. As part...

BNP Paribas Securities Services has extended its license for Temenos Multifonds Global Accounting and Temenos Multifonds Global Investor until 2028. Temenos’ software platform and integrated operating model will deliver localised accounting and reporting to underpin the management of BNP Paribas...

Neo-banking startup Tonik is to open a digital-only bank in the Philippines after securing a banking licence from the country's central bank. Seeded and built by fintech venture builder Forum, Tonik intends to launch in the coming months with an...

Prudential Vietnam Assurance Private Limited , a subsidiary of Prudential plc, and Southeast Asia Commercial Joint Stock Bank have entered into an exclusive bancassurance partnership with a 20-year term. Prudential Vietnam will also become the preferred life insurance provider...

Another consortium has joined the bid for a digital bank licence in Singapore, with plans to target small and mid-sized businesses (SMBs) and offer consumers modular services, such as "micro-coverage" insurance. The group comprises several major brands including lifestyle,...

The joint venture will provide cloud-based and AI technological services to regional banks in Japan. China-based fintech company OneConnect, a subsidiary of insurance group Ping An Insurance and Japanese financial service group SBI Holdings have announced the launch of...