News

Temenos, the market-leading banking technology provider, along with Interswitch Group, which is a leading unified payments and digital commerce company in Africa, has announced on June 04, 2026, a partnership to deploy Temenos technology to strengthen the digital banking capability of Interswitch,...

Southeast Asia’s only full-stack AI insurtech company, Igloo that builds the operating system for insurance, on June 5, 2026 announced a strategic alliance with Chubb Life Insurance Vietnam Company Limited and PT Chubb Life Insurance Indonesia - Chubb Life so as to provide insurance coverage...

America’s biggest financial institutions are getting ready for a major blockchain initiative that could dramatically change future forms of banking and digital payments. Joint tokenized network by US Banks mainly, Bank of America and Citigroup, along with JPMorgan Chase are aimed...

Wall Street’s securities watchdog is all set to be paid by Franklin Templeton’s Western Asset Management a $100 million civil penalty to settle an inquiry into one of its previous star bond investors, Ken Leech. Apparently, besides the $100 million civil penalty,...

The investment arm of German insurance giant Allianz – Allianz Global Investors – said it was in exclusive talks to buy UOB Asset Management for $467mn or an estimated $600mn. If it goes through, it would be among the...

In a recent development, to elevate the finance sector of Uzbekistan, the Association of Chartered Certified Accountants - ACCA has inked memorandums of understanding - MoUs with the Ministry of Economy and Finance in addition to the central bank of the...

In a recent move, some Japanese financial institutions have been given access to GPT-5.5, which is a model by U.S. artificial intelligence company OpenAI, in order to safeguard against cyberattacks, Satsuki Katayama, the Japanese finance minister, said on ‌May 29, 2026, after...