News
ECB To Stress Test 109 Banks To Gauge Cyberattack Reaction
The European Central Bank- ECB has gone on to reveal plans in order to carry out cyber resilience stress tests when it comes to the 109 of the banks that it directly supervises in 2024 in order to evaluate...
Cards & Payments
Nova Credit and Creditinfo Bridge Cross-Border Credit Access for Ukrainians
Nova Credit, the cross-border and alternative credit analytics company, has partnered with Creditinfo to help Ukrainians gain access to financial services to effectively rebuild their lives abroad.
The partnership is powered by Nova Creditโs Credit Passport, which enables newcomers to...
Cards & Payments
Brightwell Collaborates with Visa to Enable Payouts to Bank Accounts and Wallets
Global payments technology company Brightwell announces its most recent collaboration with Visa, a world leader in digital payments. Brightwell, a leading provider for cross-border global payments enablement, has implemented Visa Direct to enable payouts to eligible bank accounts and...
Banking
BIS Innovation Hub, Swiss National Bank and World Bank launch Project Promissa to test tokenisation of financial instruments
To address the global challenges of the 21st century, the G20 wants to deliver better, bigger and more effective multilateral development banks, through substantially increasing their financing capacity.
Today, many international financial institutions (including multilateral development banks) are partly funded...
Asset Management
JP Morgan Asset Management partners with Thailand’s Kasikorn AM
JP Morgan Asset Management has reportedly established a strategic partnership with Kasikorn Asset Management (AM), the investment arm of Thailand-based Kasikornbank (KBank).
The collaboration will combine JP Morganโs expertise in investment management with the Thai asset managerโs local presence, brand...
Cards & Payments
Plooto Launches Enhanced All-In-One Payment Automation Solution for Scaling Businesses
Plooto, a leading payment automation solution for small-to-midsized businesses (SMBs), has launched a payment orchestration offering that is custom-designed to support the complex workflows and security requirements of rapidly scaling businesses.
As the size and operational complexity of businesses increase,...
Financing
2026 May See Global Economic Finance Sector Reach New Highs
The UAE is going ahead and adopting impressive strides in order to reinforce its position as an international hub of the Islamic finance sector with its Shariah-compliant banking sector, which at present accounts for 23% of the overall banking...
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