Company Statements

Xpress Money has legacy of processing secure cross-border money transfers across its robust payout network, built over the last two decades. Remitly, the online remittance service used by nearly two million people, and Xpress Money, a Finablr company, have come...

Diversified financial services company WesBanco has completed its previously announced acquisition of Old Line Bancshares, the parent company of Old Line Bank, a chartered commercial bank. Under the terms of the transaction, the branches of Old Line will be operated...

Quantexa’s AI platform offers Standard Chartered a connected 360-degree customer view, empowering its investigators in taking faster and accurate decisions. British multinational banking majorStandard Chartered has partnered with Quantexa, a contextual decision intelligence software developer, to strengthen anti-financial crime efforts...

Singapore-based DBS Bank has partnered with financial crime, risk, and compliance services provider Exiger, to implement an artificial intelligence (AI) powered due diligence solution. The partnership is aimed at mitigating the evolving financial crime risks, and further strengthening the screening...

MuleSoft, a subsidiary of Salesforce, announced that HSBC has selected its Anypoint Platform to build a digital banking platform to power the bank of the future. MuleSoft’s Anypoint Platform is an application network platform that allows organisations to create compound...

The partnership provides banks with a turnkey premium loyalty program, making it easy and cost-effective for American Express card issuers to offer world-class rewards products in the Korean market American Express and Ascenda, a global loyalty management company, have signed...

Barclays’ new digital Corporate Banking platform extended to Luxembourg. As part of Barclays’ efforts to build its European Corporate Banking proposition, the bank has launched a new branch in Luxembourg to provide multinational clients with transaction banking services. The...