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Axis Bank launches WhatsApp Banking – Bank Anywhere, Anytime on your favorite chatting app

India’s third-largest private sector bank, Axis Bank is embarking on a partnership with the popular chatting app – WhatsApp – to offer basic banking services to its customers. This will allow customers to seek information regarding their account balance,...

Worldline extends collaboration with PSA Payment Services Austria

worldlineWorldline has extended its collaboration with PSA Payment Services Austria, acting as the technical clearing and settlement partner for domestic and international interbank payments. PSA and Worldline aim to lay the groundwork for a new real-time payment platform for...

Solace Powers Mobile Payments on Standard Chartered Bank Korea’s Digital Banking Platform

Solace has partnered with Standard Chartered Bank Korea (SCB Korea) to maximize the agility and efficiency of Standard Chartered's Straight2Bank (S2B), an online banking platform that allows businesses to make payments and track their transactions on the go. Adopting a...

Bank of America expands commercial contact-free payments

Bank of America has expanded its mobile wallet capabilities for corporate clients in EMEA and APAC. The bank first launched mobile wallet in the United States and Canada in 2018, and this expansion makes it the first commercial bank...

Banking tech startups find new business opportunities as banks digitise systems rapidly

COVID-19 has been sympathetic to the cause of technology companies as manual processes have moved to digital at a faster pace through 2020. Some techies prefer to identify the pandemic as a watershed moment in the use of technology...

Worldline signs a major strategic commercial acquiring alliance with ANZ Bank

Worldline has signed a major strategic commercial acquiring alliance with ANZ Bank, one of the largest banks in Asia-Pacific and Australia’s 3rd largest acquirer with a 20% share of transaction volumes processed in Australia. Australia is a highly attractive and...

The Netherlands Authority for Consumers and Markets probes NFC payments

The Netherlands Authority for Consumers and Markets (ACM) has launched an investigation into competition in smartphone-based NFC payments, examining whether limitations on access to NFC payments functionality on some devices violates domestic laws. In a statement, ACM noted many phones...

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