Banking

Finxact CEO Frank Sanchez is a veteran of financial technology and his new venture aims to help legacy institutions update their core banking systems With a lifetime of financial technology experience under his belt, Frank Sanchez has embarked on a...

US-based money transfer firm MoneyGram has partnered with Vietnam-based HDBank to launch the home remittance payment service in Vietnam. HDBank believes that the new partnership will improve its service quality, adding to its customers’ experience. Bringing home delivery option, through HDBank,...

Microsoft is collaborating on a digital overhaul of a United Arab Emirates-based trade finance bank, Anglo-Gulf Trade Bank The technology giant is collaborating with enterprise IT consulting firm Publicis Sapient to develop end-to-end solutions for Anglo-Gulf Trade Bank in an...

The grant is one of four from Pool C of the £425m Capability and Innovation Fund (CIF), that forms part of a £775 million package administered by Banking Competition Remedies Ltd. Atom, which has already lent in excess of...

In a challenging environment, Rabobank has made progress on achieving most of its strategic objectives in the first six months of the year. Net profit for the first half-year was EUR 1.2 billion. From the Chairman of the Managing Board,...

HSBC Holdings plc announces the appointment of Barry O’Byrne as interim Chief Executive of Global Commercial Banking (CMB), subject to regulatory approval, succeeding Noel Quinn. This change follows Mr Quinn’s appointment as interim Group Chief Executive, succeeding John Flint. Mr...

Dual-armed collaborative robot YuMi performs hundreds of hours of testing to support faster development of software for Automated Teller Machines (ATM), improving reliability and quality. YuMi, the groundbreaking ABB industrial robot that has the precision to handle the most complex...