Banking

Visa has announced the use of USD Coin (USDC), a stablecoin backed by the US dollar, to settle its transactions over Ethereum, an open-source blockchain. The company is pilot testing the new capability with its partner Crypto.com and intends to...

Grid Dynamics Holdings, Inc. , a global provider of digital transformation consulting and development services, has launched a powerful new digital banking assistant solution. With this solution, banks will be able to offer AI-driven conversational experiences over mobile devices...

Mastercard and BOB Financial Solutions Limited (BFSL) have come together to offer an easy, frictionless payment solution for cardholders with the launch of ConQR – a Mastercard QR on Card solution. This solution uses a Mastercard patented technology which enables...

DBS, J.P. Morgan  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...

BNP Paribas has reported a net income of €1.76bn for the first quarter ended 31 March 2021, an increase of 37.9% compared to €1.28bn for the corresponding quarter in 2020. The bank has reported an operating income of €2.33bn for...

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...

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...