Finance

Singapores OCBC Bank Establishes Artificial Intelligence Unit

Singapore-based OCBC Bank has established an artificial intelligence (AI) unit, as part of its efforts to advance the us... Read more

Yolt Allows Users Of RBS, Natwest And Ulster To Benefit From Open Banking

Yolt is now officially connected three banks through Open Banking APIs: RBS, Natwest, and Ulster. Read more

Baton Systems' Payments Solution Now Available In Oracle's Open Banking Platform

Baton Systems' payments solution is now available in the Oracle Cloud Marketplace and Oracle Digital Innovation Platform... Read more

CBI Arrests 2 Directors Of RP Infosystem For ₹515-cr Fraud On Banks

The makers of Chirag computers have an exposure of around ₹600 cr to a consortium of lenders Read more

Fintechs Face Difficulty In Raising Funds

The sector also grappling with lack of skilled talent pool, finds YES Bank study Read more

HDFC Life Bullish On Annuities

Looking to introduce new annuity products, including market-linked ones Read more

RBI Ban On LoUs Could Shrink Assets Of Overseas Branches Of Indian Banks

For importers, costs are likely to go up Read more

No More Unauthorised LoUs In The Banking System, Say PSBs

Expect PNB to honour commitments for LoUs issued Read more

No More Unauthorised LoUs Issued By PSU Banks: SBI Official

A review of letters of undertaking (LoUs) issued by public sector banks has shown that there are no more unauthorised o... Read more

Nordic Capital To Buy Online Payments Provider Trustly

Private equity firm Nordic Capital has agreed to acquire European online payments provider, Trustly, for an undisclosed ... Read more

ING Acquires 75% Stake In Payvision

Merchant acquirer and omnichannel payment provider Payvision has completed the sale of 75% stake to ING Group. Read more

SS&C Technologies To Buy CACEIS North American Fund Administration Business

SS&C Technologies has agreed to acquire North American fund administration business from CACEIS for an undisclosed s... Read more

Singapore Exchange Partners With Smartkarma To Roll Out C-Suite Pilot Program

Singapore Exchange (SGX) has partnered with FinTech firm Smartkarma to roll out the C-Suite Pilot Program, a cloud-based... Read more

TransferWise Selects Wirecard As Debit Card Issuer

UK-based money transfer company TransferWise has selected Wirecard, internet technology and financial services provider,... Read more