Barclays and PayPal have collaborated to make digital payments easier for customers in the UK and the US. The move will allow Barclays customers to …
Revolut races into unicorn ranks
UK digital start-up, Revolut has joined the ranks of unicorn firms with a $1.7bn valuation after raising $250m in a ‘Series C’ funding round, less …
Lloyds starts 2018 strong with a rise in profit
In the first quarter of 2018, Lloyds Banking Group (LBG) recorded pre-tax profits of £1.6bn ($2.2bn), 23% than the same period in 2017. LBG’s net …
GIB launches Shariah-compliant online-only bank in Bahrain
Gulf International Bank (GIB) has launched a Shariah-compliant digital bank, dubbed meem, to attract young tech-savvy customers in Bahrain. The service will allow clients to …
India’s Yes Bank digitises lending process
Indian private financial firm Yes Bank has digitised lending processes with API based integration on the platform of Paisabazaar.com, an online marketplace for loans and …
Arvato partners with SecuredTouch to prevent online fraud
Arvato Financial Solutions has decided to partner and invest in the Israel-based cyber security company SecuredTouch to secure online payments. The SecuredTouch platform utilises user …
HSBC goes live with SWIFT gpi
HSBC has joined SWIFT’s global payments innovation (gpi) service. SWIFT gpi will enable HSBC to significantly increase the speed, security and transparency of cross-border payments. …
Yes Bank secures approval to open representative offices in London and Singapore
Indian private sector lender Yes Bank has received go-ahead from the Reserve Bank of India to open two representative offices in London and Singapore. The …
TransUnion snaps up UK’s second biggest credit firm
TransUnion has announced its acquisition of CallCredit, the second largest and fastest growing consumer credit bureau in the UK. Headquartered in Leeds, Callcredit is a U.K.-based …
NAB and Alibaba explore business opportunities in China
National Bank of Australia (NAB) and Alibaba Cloud, the cloud computing arm of Alibaba Group, are hosting a hackathon together to examine new ways to …