Technology

State Bank of India (SBI) is offering a virtual card to be used for e-commerce transactions. The new offering will be a limit debit card that can be used for online shopping at merchant websites accepting Visa cards. The card...

Tencent and state-owned China UnionPay are integrating their QR code systems for mobile payments, according to local media reports. The move will let Tencent WeChat Pay and UnionPay Quickpass users transfer and spend money using the same QR codes....

Neo-banking startup Tonik is to open a digital-only bank in the Philippines after securing a banking licence from the country's central bank. Seeded and built by fintech venture builder Forum, Tonik intends to launch in the coming months with an...

Fingerprint Cards AB’s software platform for payments, FPC-BEP, and the FPC T-Shape sensor module have passed the accuracy and security test performed by Bank Card Test Center (BCTC). BCTC is an independent third-party test service provider based in China...

Another consortium has joined the bid for a digital bank licence in Singapore, with plans to target small and mid-sized businesses (SMBs) and offer consumers modular services, such as "micro-coverage" insurance. The group comprises several major brands including lifestyle,...

ING Ventures will invest a further £1.5 million alongside other investors, as part of a £3 million funding round in Katana. ING has spun out Katana, the advanced analytics platform that supports portfolio managers in making faster and sharper...

Klarna intends to leverage AWS’s scalability and security, along with its portfolio of cloud services, to strengthen its teams to innovate at a faster pace. Sweden-based online financial services provider Klarna has selected Amazon Web Services (AWS), a subsidiary of...