Company Statements

Nutmeg, the UK’s largest digital wealth manager, is expanding into Asia, announcing the launch of its first strategic partnership, in a deal with Taipei Fubon Bank. Since launch in 2012, Nutmeg has amassed more than 70,000 UK customers and its...

Digital money transfer service WorldRemit has launched international transfers to UnionPay debit cards in China. The Chinese diaspora living in over 50 countries, including the USA, UK, Canada, Australia and Singapore, can now send money to any China UnionPay debit...

CLARA analytics , the leading provider of artificial intelligence (AI) technology in the commercial insurance industry, announced an advanced AI-based toolkit to assist risk managers in evaluating an entire claim population’s performance, understanding the underlying costs that affect a...

Digital innovation is transforming the way we do business, making existing processes simpler, smarter and faster. Mastercard announced an upgrade to the back office experience for commercial cardholders by providing enhanced data for Amazon Business transactions. For many businesses, reconciling...

IBM announced IBM Blockchain World Wire, a real-time global payments network for regulated financial institutions, is officially accessible in a growing number of markets. Designed to optimize and accelerate foreign exchange, cross border payments and remittances, World Wire is the...

Al Rajhi Bank, Saudi Arabia’s second largest bank and the world’s largest Islamic bank, reported a growth rate of 8 percent during 2015- 2018, with 8.9 percent increase in operating income and a 27 percent expansion in the number...

The two-day event covered over 20 fintech experts explore on the latest trends, developments and emerging technologies in the banking sector in the region. The agenda focussed on a wide range of topics from the importance of investing in fintech...