Banking

PT Bank CIMB Niaga Tbk (“CIMB Niaga”) and Liquid Group announced a strategic partnership to spearhead cross-border QR payment acceptance between Singapore and Indonesia. The partnership was initiated through their joint participation in Bank Indonesia’s Quick Response Indonesian Standard...

French banking major Credit Agricole has revealed plans to invest €15bn (£13.3bn) in technology over the next four years to achieve “greater efficiency”. Credit Agricole said that it wants to align its technological fundamentals with the best standards on the...

Blockchain payments firm Ripple has launched its operations in Brazil to expand its presence in the South American region. The blockchain-based solutions provider has roped in fintech entrepreneur and executive Luiz Antonio Sacco as managing director to build the Ripple...

BBVA initiated its new brand strategy and updated logo originally announced in April, beginning the process of replacing tens of thousands of physical logos -- and thousands more digital ones -- with the bank's new mark. In the U.S.,...

Payment technology major Visa has commercially launched its non-card-based payment network, Visa B2B Connect, which allows seamless bank-to-bank cross-border business transactions. Visa B2B Connect network will enable financial institutions to quickly and safely process high-value corporate cross-border payments across the...

Airwallex confirms unicorn status following a successful Series C fundraising round of $100m USD, valuing the company at over $1bn USD. Airwallex’s Series C fundraising was led by DST Global, which has previously backed internet giants Facebook, Airbnb and...

Bank of America Merchant Services, a leader in payments, eCommerce and security solutions, announces that it has been chosen by Sezzle to be their digital card processor for the rapidly growing fintech company and its clients. Sezzle will use Bank...