News

Al Maryah Community Bank (MBank), a digital bank in the United Arab Emirates, has partnered with Dgpays Group, a B2B FinTech company originally from Turkey and now operating in the MENA region, to offer a digital wallet integrated with...

The European Union suggested on April 18 making it more difficult for states to invest billions of euros into failing banks, as Italy did with Monte dei Paschi di Siena six years ago. Suggestions from the EU's executive aim to...

The financial regulators in Britain said on April 17 that they would be setting up a new body in the coming two years so as to encourage more competition when it comes to banking services by way of using...

The Financial Times reported on April 16 that the Bank of England is mulling a significant overhaul of its deposit guarantee scheme, including increasing the amount secured for companies and requiring banks to pre-fund the system to a greater...

On April 11, the IMF went on to curtail its 2023 global growth outlook slightly due to higher interest rates. However, the IMF also issued a warning that a major escalation of financial system instability may cause output to decline...

PhonePe,PhonePe announced the launch of a new Shopping app called ‘Pincode’, built on top of the ONDC platform. The Pincode app will promote local shopkeepers and sellers and hopes to digitally connect each city’s consumers with all their neighborhood stores...

Alaan Alaan, a UAE-based corporate spend management FinTech, has announced the integration of OpenAI’s advanced artificial intelligence technology onto its user platform to provide relevant insights on corporate spend and answer critical business questions in real time. Parthi Duraisamy, CEO...