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Credit Agricole to invest ยฃ13.3bn for tech transformation

French banking major Credit Agricole has revealed plans to invest โ‚ฌ15bn (ยฃ13.3bn) in technology over the next four years to achieve โ€œgreater efficiencyโ€. Credit Agricole said that it wants to align its technological fundamentals with the best standards on the...

Visa launches new network to speed up cross-border B2B payments

Payment technology major Visa has commercially launched its non-card-based payment network, Visa B2B Connect, which allows seamless bank-to-bank cross-border business transactions. Visa B2B Connect network will enable financial institutions to quickly and safely process high-value corporate cross-border payments across the...

Vision 2030 enables Saudi Arabia’s public sector to drive digital Transformation

Riyadh to host Government DX Summit on 5-6 November 2019. Digital transformation (DX) will remain a prime objective for the public sector with the entrants of new technologies steering away legacy systems providing value potentials, ease, convenience and improved methods...

UAE and Saudi Arabia set out how they plan to use shared digital currency

The Central Bank of the United Arab Emirates and the Saudi Arabian Monetary Authority (SAMA) have clarified some aspects of their joint plan to launch a common digital currency. It's planned that the project, known as Aber, will be used...

NatWest to pilot UKโ€™s first intelligent cash management system with automated account crediting

NatWest and G4S are working together to pilot the UKโ€™s first intelligent cash management solution for businesses later this year. This innovative and secure cash solution enables businesses to benefit from automated account crediting of its cash transactions without having...

New Vehicle History Data from LexisNexis Risk Solutions Helps Insurers Predict Future Loss and Assess Risk

LexisNexis Risk Solutions, a leading provider of data, analytics and technology for insurance, announced the launch of LexisNexisยฎ Vehicle History.This solution offers a more holistic view of a vehicleโ€™s lifecycle by gathering data on previous damage events, ownership changes,...

PNB MetLife launches Khushi its first customer service app powered with AI

PNB MetLife, one of the top 10 private life insurance companies in India (Fiscal 2018), launched โ€œkhUshiโ€, a customer service app, powered with Artificial Intelligence (AI). The app is available on android phones and is designed to facilitate seamless customized...

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