Trends

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...

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...

US Kentucky-based community lender Forcht Bank has partnered with Fiserv to upgrade its credit card portfolio. Under the arrangement, the lender leveraged Fiserv’s Card Risk Office, uChoose Rewards and MyCardCreation card solutions. Overall, the solutions reduce fraud risks, increase customer...

Netcoins, a cryptocurrency exchange based in Canada, has collaborated with payment processing company Simplex to support the purchase of cryptocurrencies with credit cards. The new offering can be availed by both new and existing Netcoins customers, with immediate effect. Customers...

Fast-growth Software-as-a-Service (SaaS) company Oradian has announced the launch of its software with Cantilan Bank (CANBNK), making it the Philippines’ first regulated financial institution ever to leverage cloud-based technology. The partnership will enable Cantilan Bank to provide digital financial services...

Aberdeen Standard Investments has bolstered its Asian real estate capabilities with the acquisition of $900m Asia real estate investment management firm Orion Partners. The transaction adds to Aberdeen Standard's already strong £44bn global real estate franchise with the management of...

Last year, only 25 real-time payment systems were operational worldwide — that number is growing rapidly. By September of this year, 40 such rails were live, with 16 more expected to launch by early 2020. Demand is also heating up...