News

DBS is expected to make an investment of $350m in its India unit, once the scheme is approved Marina Bay Financial Centre, Singapore. The Reserve Bank of India (RBI) has announced a draft scheme for the combination of Chennai,...

PagoFX, Santander’s new international money transfer service, is now available in Belgium. Belgian residents can send money abroad quickly, securely and at low cost, no matter who they bank with, and with the peace of mind that comes from...

Citi Retail Services announced a long-term agreement to provide private label and co-brand credit card services for Meijer. The privately-owned and family-operated Midwestern retailer has more than 245 supercenters throughout Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin. The agreement with...

Intellicus Technologies, a leading provider of business intelligence and analytics solutions, and Modus Information Systems, a pioneer in IT services to banks, have come together to launch a powerful banking analytics solution. The solution branded as ModusBI, is built on...

The Monetary Authority of Singapore (MAS) has revoked the capital markets services licence of Apical Asset Management (AAMPL). The revocation of the company's license is due to "serious breaches of MAS' anti-money laundering/countering financing of terrorism (AML/CFT) requirements", according to...

Galileo announced a partnership with Plaid Thursday (July 30) designed to streamline the bank authentication process for customers. The Salt Lake City payment processing platform has joined with Plaid, a Visa subsidiary based in San Francisco, that builds financial technology...

South Korea-based IT security firm Penta Security has joined forces with R3 to advance the digital asset management and Multi-Party Computation (MPC) technologies. Under the partnership, Penta Security is expected to combine its technologies with R3’s broad-range of enterprise blockchain...