News

GXBank Berhad, Malaysia’s first digital bank, has announced a strategic 10-year bancassurance partnership with Zurich General Insurance Malaysia Berhad and Zurich Life Insurance Malaysia Berhad. This exclusive agreement seeks to revolutionize the insurance landscape by offering micro-protection products tailored...

The Philippine central bank has approved the PHPC, a stablecoin pegged to the Philippine peso to reduce its volatility. The coins.ph platform aims to reach 20,000 to 30,000 users within a month. About 10 million Filipinos live abroad, eager...

Zeta, a provider of next-gen banking technology to financial institutions globally, has announced the launch of its Digital Credit as a Service offering at its Democratizing Credit 2024. Zeta’s offering is underpinned by NPCI’s Credit Line on UPI scheme, which...

Mastercard NetsUnion Information Technology  Co., Ltd  began processing payments made in China with Mastercard cards issued by the country’s banks. In addition, the joint venture confirmed that Mastercard-branded cards will now be accepted for both domestic and international purchases. “This...

PhotonPay and Discover Global Network have partnered to launch a new commercial card designed for cross-border businesses. With this collaboration, the new PhotonPay Commercial Card can be used on the Discover Global Network, providing cardholders with seamless B2B and B2C...

Libro Credit Union in Canada is to transition its multiple legacy systems and lending operations onto nCino’s cloud banking platform. The partnership will provide Libro – one of the largest credit unions in Ontario with 117,000 “owners”, 800 staff and...

Crowded has partnered with Visa to enable in-app global money transfers powered by payments solution firm Checkout.com and Cross River Bank as technology infrastructure providers. Founded in 2021 and based in Boca Raton, USA, Crowded operates a digital banking platform...