News

The COVID-19 or coronavirus outbreak that began in China towards the end of last year has now become a global pandemic. Although it now appears to be slowing down in China, the spread of the disease is accelerating elsewhere....

Deutsche Bank is setting aside €500m (£437m, $542m) to cover an expected rise in losses linked to the COVID-19 pandemic. Deutsche Bank said it was taking the provision to cover expected future credit losses. Credit Suisse set aside a...

As the struggle against COVID-19 continues, UnionPay International have unveiled a plan for increased consumer safety through accelerating the issuance of contactless payment enabled cards worldwide. Collaborating with many local banks around the world, UnionPay International have also made...

Beeks Financial Cloud Group, a cloud computing and connectivity provider for financial markets, is pleased to announce it has acquired the entire issued share capital of Velocimetrics Limited, a UK-based network monitoring and trade analytics software company , for...

As part of the Group’s commitment to lend £18bn this year, a £2bn fund was allocated for businesses impacted by COVID-19 to provide fee-free financing to help them with their working capital Since the beginning of March relationship managers have...

UK-based retail and commercial bank TSB has launched a new Smart Agent function on its website, enabling its customers to access measures it has introduced during the coronavirus pandemic. With the new functionality, the bank’s customers have been enabled to...

Union Bank of the Philippines (UnionBank) continues to process a growing number of digital transactions and remains business-as-usual (BAU), throughout the ECQ. For the month of March, UnionBank logged a nearly 160% in daily sign-ups to its online and mobile...