Global
Virgin Money to shutdown 31 branches
Virgin Bank to shutdown 31 out of 162 branches in the coming months, as it plans to increase its digital operations. Technological advancements ...
Innovation
Tanzania: NMB Launches ‘Wekeza’ Account
NMB Bank Plc has launched a long-term savings account that offers attractive returns on investment and additional free life insurance. The account dubbed ...
Global
Singapore Central Bank Plans Digital Data Sharing Platform To Fight Money Laundering
A digital sharing platform is being developed by Singapore’s central bank in a move to help fight money laundering and other financial maneuvers ...
Global
Mastercard Teams Up with Ripple Partner Lulu in UAE to Enhance Remittances
The U.S. payment card giant has partnered with RippleNet’s Lulu exchange to ensure fast and seamless remittances in the UAE UAE-based Ripple partner, ...
Global
Visa develops interoperability concept for central bank digital currency payments
Payments giant Visa has taken a step toward achieving its vision for central bank digital currencies (CBDCs). It has developed a concept that shows how ...
Innovation
South Africa: Towards a cashless future
New digital payment trends are ushering in the dawn of a cashless future – and a more inclusive financial landscape. South African e-commerce ...
Global
Central bank digital currencies can slash cross border payment time – BIS
The use of digital currencies backed by central banks would significantly reduce time and costs associated with making cross-border payments, according to a ...
Africa
Namibia: Bank Windhoek Installs More Cash Deposit ATMs Countrywide
Bank Windhoek completed the second phase of its rollout of cash deposit ATMs in Namibia’s northern, coastal and central regions. “This development follows ...
Global
Federal Bank India and NPCI launch RuPay Signet credit card
India-based Federal Bank has partnered with the National Payments Corporation of India (NPCI) to launch the ‘Federal Bank RuPay Signet Contactless Credit Card’. The Federal Bank RuPay ...
Global
Veriff partners with SimpliFi to provide identity verification for instant card issuance
Identity verification provider Veriff has announced a partnerhsip with SimpliFi, a Cards-as-a-Service (CaaS) platform for MENA and Pakistan. The main goals of the agreement is to ...