Financing
Islamic Finance Sector To See Double-Digit Boom In 2022-2023
It is anticipated that from 2022 to 2023, stronger economic progress in the key Islamic finance nations will increase industrial assets by around 10%.
With assets up 10.2% in 2021 compared to 11.4% in 2020 (excluding Iran), the global Islamic...
Company Statements
Exadel Acquires Leading FinTech Provider CPQi
Exadel, a global software consultancy and engineering company, announced the recent acquisition of CPQi, a leading provider of transformation services for financial organizations worldwide.
"I am delighted to welcome CPQi to the Exadel family. This new partnership brings an extensive...
Financing
IFAST, Eagles Peak to acquire UK-based digital lender BFC Bank
IFAST, a Singaporean wealth management fintech platform, has signed a deal alongside its partner, Eagles Peak, to acquire BFC Bank from Bahrain-based BFC Group for ยฃ25m.
BFC Bank is a fully licensed digital bank in the UK that caters to...
Financing
RBB Bancorp Announces Completion of Acquisition of Certain Assets and Liabilities of the Honolulu, Hawaii Branch Office of Bank of the Orient
RBB Bancorpย announced that Royal Business Bank, the wholly-owned subsidiary of RBB, completed the acquisition of the Honolulu, Hawaii branch office the Bank of the Orient on January 14, 2022. Royal Business Bank acquired all the premises and equipment...
Company Statements
Western Union and Mastercard Expand Global Partnership
The Western Union Company , a global leader in cross-border, cross-currency money movement and payments, and Mastercard, a global technology company in the payments industry, have bolstered their decade-long strategic partnership. The deepened partnership expands Mastercard Send integration into...
Financing
Mastercard Advances Global Open Banking Capabilities With Close of Aiia Acquisition
Mastercard announced it has completed its acquisition of Aiia, a leading European open banking technology provider that offers single and secure API access to banks and fintech companies, and enables users to easily perform account-to-account payments. Aiia further advances...
Financing
SGX partners with DataBP to launch SGX Data Direct
DataBP, the market data administration platform and service provider for exchanges, index and data providers, announced its partnership with Singapore Exchange. SGX joins a community of exchanges that are leveraging DataBPโs platform and managed services to modernize and streamline...
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