UK-based mobile only bank Monzo has partnered with the UK’s Financial Capability Lab to develop and test new banking technologies. The Financial Capability Lab has …
Deutsche Bank opens innovation lab in Singapore
German banking major Deutsche Bank has launched its Asia Pacific innovation lab in Singapore. The launch of the new lab is part of the German …
Civilised Bank resubmits banking licence application
Civilised Bank banking licence application is being resubmitted to the Bank of England. The digital SME bank also announced further funding from its current investor, …
Singapore, Bahrain sign fintech collaboration agreement
The Monetary Authority of Singapore (MAS) and the Central Bank of Bahrain (CBB) have signed a memorandum of understanding (MoU) to facilitate collaboration in financial …
Italy’s Banca Carige to receive $451m to meet capital requirements
Struggling lender Banca Carige is set to receive up to €400m ($451m) from domestic peers and private investors. The move will help the bank to …
CB&S Bank deploys new teller devices to support branch transformation
US-based community lender CB&S Bank has deployed 250 Epson OmniLink TM-T70II-DT printers and TM-S2000 multifunction teller devices. The solutions, which utilise Atris software, will enable …
UOB, Grab partner to offer digital banking services in ASEAN countries
Singapore’s United Overseas Bank (UOB) has partnered with ride-hailing company Grab to strengthen its digital services for consumers in ASEAN nations. Under the terms of …
Top Italian banks to grant €2.7bn credit to secure deposits – report
Top Italian banks are planning to offer €2.7bn ($3bn) credit line to the country’s interbank deposit protection fund (FITD), Reuters has reported. One of the …
Starling Bank partners with the Post Office
The Starling Bank partnership with the Post Office will enable the digital challenger bank to offer Everyday Banking services to both its personal and business …
StanChart taps Instabase to improve client on-boarding process
Standard Chartered has partnered with San Francisco-based startup Instabase to streamline client on-boarding process and improve operational efficiency. The move, which aims to optimise credit …