News

UBS has recently announced a historic quarterly profit, setting a record for the largest ever reported by a bank. This achievement, with a staggering $29 billion (€26.6 billion) gain, is directly tied to its acquisition of Credit Suisse. Despite facing...

Switzerland has received a stern warning from a group of experts regarding the need to prepare adequately for the potential failure of a major bank. This advice comes in the aftermath of the collapse of Credit Suisse, a once-proud...

The IBM Cost of a Data Breach Report for 2023 reveals some alarming trends. Firstly, the global average cost of a data breach this year stands at a staggering $4.45 million, marking a significant 15% increase compared to 2020....

PSB Alliance, an entity formed by 12 state-owned lenders in India, has partnered with Veefin Solutions, a builder of white-labeled supply chain finance and digital lending solutions. This collaboration aims to introduce a unified cloud-based ecosystem for supply chain...

NatWest has selected Icon Payments Framework (IPF) to accelerate the bank’s payments modernisation as it continues to align with the new global ISO 20022 payment data message standards. The partnership allows Natwest to initially leverage a Single Euro Payments Area...

J.P. Morgan Payments and Network International, a digital commerce company across the Middle East and Africa (MEA) region, have teamed up to strengthen the bank’s acquiring offering. The partnership Access to Network International’s innovative acceptance solutions and expertise in card...

Astra Tech, a consumer technology holding group in the MENA region, has partnered with Ant Group, one of the world’s largest digital payment platforms. This transformative collaboration will witness the integration of Alipay+’s global cross-border digital payment and marketing solutions...