Company Statements
Banking
BOB Financial and Mastercard to launch world’s first QR on Card programme to simplify digital payments
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...
Banking
DBS, J.P. Morgan and Temasek to establish platform to transform interbank value movements in a new digital era
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...
Company Statements
Generali Global Assistance Tailors Travel Insurance Offering to Support Smart Vaccination and Digital Health Pass Initiatives
Generali Global Assistance and its affiliated companies announced that it will be supporting upcoming smart vaccination and digital health pass initiatives by adding custom options to their Travel Insurance offerings and endorsing the Good Health Pass and the World...
Company Statements
Technology is Transforming the Insurance Sector
The insurance industry, for a long time, has been driven by traditional business models. It continued its legacy business process and products for quite some time. But with the intervention of innovative technology, the insurance industry has witnessed positive...
Cards & Payments
Fintech NymCard raises fresh funds to expand in MENA region
UAE-based banking-as-a-service (BaaS) solution provider NymCard has raked in $7.6m in a Series A funding round to expand in the Middle East and North Africa (MENA) region.
The funding round was led by Shorooq Partners, which was joined by OTF...
Asia Pacific
Axis Bank launches WhatsApp Banking – Bank Anywhere, Anytime on your favorite chatting app
India’s third-largest private sector bank, Axis Bank is embarking on a partnership with the popular chatting app – WhatsApp – to offer basic banking services to its customers. This will allow customers to seek information regarding their account balance,...
Banking
Deutsche Bank and Deutsche Sporthilfe extend their partnership until at least 2023
The partnership between Deutsche Bank and Deutsche Sporthilfe, which has existed for 20 years, will continue. Both sides have reaffirmed their successful cooperation and extended the contract for another three years. Deutsche Bank has been a partner of the...
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