News

  JPMorgan has unveiled its plans to expand its online bank Chase to Germany and other European Union (EU) countries, reported German newspaper Handelsblatt. The US-based investment banking company said that the timing was undecided, and the move is expected to...

PayPal Holdings, Inc. and Microsoft Corp announced Microsoft's integration of PayPal's Pay Later solution in the U.S., U.K., Australia, Germany, France, Spain, and Italy. In addition, customers in the U.S. will soon have the option to pay with Venmo...

PhonePe announced the launch of the ‘Income Tax Payment’ feature on its app. The feature allows taxpayers, both individuals and businesses to pay self-assessment and advance tax directly from within the PhonePe app. This eliminates the need to log...

Spain’s private banking entity, A&G, boldly ventures into the crypto world, launching the first-ever Spanish-compliant crypto fund. With an impressive €12.4 billion ($14 billion) of assets under management by the end of 2022, A&G’s hedge fund caters exclusively to professional...

Mastercard announces the launch of Mastercard Receivables Manager, a new, automated solution that streamlines the way businesses accept and process virtual card payments. The innovation complements Mastercard’s virtual card platform as the company provides choice in payments to players...

NBKNational Bank of Kuwait has introduced new features on NBK mobile banking apps to help customers carry out their transactions through mobile phones. The bank launched several new services and features on the App, mainly including updating Personal information digitally...

BackbaseGIM-UEMOA, an international organisation in charge of the interbank electronic payment system for the West African Economic and Monetary Union (UEMOA) zone, has joined forces with Backbase. The partnership aims to provide simplified digital financial services beyond conventional banking, offering...