Western Union introduces Digital Location service amid COVID-19 pandemic
US-based cross-border payments company Western Union has launched a new service, dubbed Digital Location, enabling its customers to transfer money with comfort and safety...
Plastiq secures $75m funding to bring intelligent payment solutions for SMBs
Plastiq, a payments solutions provider for small and medium businesses (SMBs), announced that it has closed $75m in series D funding round led by...
HSBC UK offers more financial help for businesses dealing with COVID-19
HSBC UK has launched the Coronavirus Business Interruption Loan Scheme (CBILS), which can be availed by existing customers with a group turnover of up...
Aion Digital and Qarar join hands to accelerate digital banking
The collaboration is set to revolutionize the credit market across GCC and the larger Middle East. The traditional bank financing market has been facing...
Virgin Money Australia selects Temenos for digital banking
Virgin Money Australia, owned by Bank of Queensland (BOQ), has selected Temenos, a Switzerland-based banking software firm, as its digital banking technology partner. Temenos, the...
Standard Bank partners with Microsoft, SAP to speed up digitalisation
South African bank Standard Bank announced that it is moving its core SAP Cloud Platform services to Microsoft Azure to improve customer experience and...
Koreas Qworld launches QRC simple payment system based on blockchain technology
Based on four years of angel investment and market experience in various blockchain projects, Qworld, led by co-founder Ko Do-hyoung, has launched the QRC...
Credit Agricole selects Fiorano for core banking system integration
Crédit Agricole has chosen Fiorano’s HIP solution to reduce time and cost needed for integrating applications with the core banking system, Flexcube Crédit Agricole Egypt,...
Lloyds Banking Group, Google Cloud sign five-year cloud deal
As part of the deal, Lloyds Banking Group will deploy various services from Google Cloud to help in its objective of optimisation, modernisation, and...
ACI Worldwide launches Incremental Learning technology for fraud protection
Incremental Learning technology addresses the advancement required for current machine learning models in adapting to the changes in fraud patterns ACI Worldwide, a provider of...