News

UK bank NatWest is piloting in-card biometric technology that lets customers verify point-of-sale transactions with their fingerprints. The bank is working with Gemalto, Visa and Mastercard on the upcoming small-scale trial involving 200 customers. Instead of entering their PINs for transactions...

Ant Financial Services Group and Jiangsu-based Hoperun Information Technology (Hoperun) unveiled its Distributed Core Banking Platform (DCBP), a next generation banking product which is designed to help financial institutions shift their business models from transaction-oriented to customer-oriented. The platform also...

Arthur J. Gallagher & Co. (Gallagher) has acquired Merit Insurance, a Connecticut-based retail property/casualty broker and employee benefits consultant, for an undisclosed price. Merit Insurance, which was established in 1950, provides a variety of coverage and services to clients located...

Invesco is launching an ETF in partnership with Elwood Asset Management offering exposure to digital assets and blockchain technology at an ongoing charge of 0.65%. The Invesco Elwood Global Blockchain UCITS ETF will trade on the London Stock Exchange and...

Omantel and Sohar International launched ‘eFloos’ digital wallet in collaboration with Arab Financial Services (AFS), the region’s leading fintech enabler. The newly introduced digital wallet enables smartphone users to pay merchants, add, send and receive funds to and from...

Nayax is the first cashless payment and telemetry solution supplier to globally integrate Visa’s suite of sensory branding cues onto a mobile payment application. Integrated into Nayax’s Monyx Wallet app, Visa’s sensory suite provides sound, vibration and visual notifications to...

The solution is part of the Vynamic Digital banking suite and aims to lay the foundation for rapid innovation across the bank’s physical and digital channels. “Vynamic Digital Banking was introduced to provide the financial services industry with the tools...