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Abu Dhabi and Egypt regulators sign MoU to improve regulatory collaboration

  • Published: 1 Dec 2016

The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) and the Egyptian Financial Supervisory Authority (EFSA) have inked a memorandum of understanding (MoU) to improve cross-border collaboration.. read more

TSYS, Virgin Money sign payments agreement

  • Published: 1 Dec 2016

TSYS, a US-based credit card processor, has inked a long-term payments agreement with Virgin Money, a UK-based retail bank.. read more

Islamic retail lender Al Rayan Bank forays into Scotland

  • Published: 30 Nov 2016

Al Rayan Bank, a Shariah-compliant retail bank in the UK, has launched an office in Scotland.. read more

New fintech hub to launch in Sweden

  • Published: 30 Nov 2016

A new financial technology hub is set to be launched in Stockholm in order to accelerate and promote the development of fintech, insurtech, and regtech startups in Sweden.. read more

FIS teams up with Early Warning to expand real-time P2P payments offering

  • Published: 30 Nov 2016

Financial services technology firm FIS has partnered with Early Warning to enable financial institutions to offer faster person-to-person (P2P) payment services to their clients using latter’s Zelle Network service.. read more

Commercial Bank of Dubai to launch digital-only bank

  • Published: 29 Nov 2016

Commercial Bank of Dubai (CBD) has announced plans to launch a digital-only bank, known as CBD NOW.. read more

Digital lender Masthaven Bank opens for business

  • Published: 29 Nov 2016

UK digital-only lender Masthaven Bank, created out of bridging loan specialist Masthaven Finance, has opened for business in the UK.. read more

ING ditches Twyp payment app in the Netherlands

  • Published: 29 Nov 2016

Dutch banking group ING is set to discontinue its Twyp mobile payments app in the Netherlands after it failed to gain traction with customers.. read more

Worldline and Sparda-Banken extend contract until 2022

  • Published: 29 Nov 2016

Worldline, through its equensWorldline subsidiary specialised in financial processing, and the association of Sparda-Banken have extend their business relationship for further six years.. read more

Commercial Bank of Ceylon subsidiary sets up money transfer business in Italy

  • Published: 28 Nov 2016

Commex Sri Lanka, a unit of Commercial Bank of Ceylon, has launched its money transfer operation in Italy after securing money transfer licence from the Bank of Italy.. read more

ADCB collaborates with Xpress Money to offer international remittance services

  • Published: 28 Nov 2016

Abu Dhabi Commercial Bank (ADCB) has partnered with Xpress Money to offer international account credit services through its existing mobile banking app.. read more

Abu Dhabi Global Market signs MoU with FinanceMalta on bilateral cooperation

  • Published: 28 Nov 2016

Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, has signed a memorandum of understanding (MoU) with FinanceMalta (FM), the organisation responsible for the development of the country’s financial centre, to enable further collaboration on joint initiatives and efforts to bolster the growth of the financial markets in both financial markets.. read more

Deutsche Borse invests in German fintech firm figo

  • Published: 25 Nov 2016

DB1 Ventures, the corporate venture capital arm of Deutsche Borse, has invested a seven-digit amount in German fintech firm figo for a significant minority stake.. read more

Czech bank Ceska sporitelna to accept UnionPay cards

  • Published: 25 Nov 2016

UnionPay International has inked an agreement with Czech commercial bank Ceska sporitelna to expand its card acceptance in the country.. read more

Airtel heralds era of payments banks in India

  • Published: 24 Nov 2016

Indian telecom group Bharti Airtel has launched a pilot of its payment bank in Rajasthan offering an interest rate of 7.25% on deposits in savings account.. read more

EBRD slashes stake in Romania’s Banca Transilvania

  • Published: 24 Nov 2016

The European Bank for Reconstruction and Development (EBRD) has slashed its equity stake in Romanian lender Banca Transilvania by 2.9%.. read more

Net Element partners with Mashreqbank for payment processing

  • Published: 24 Nov 2016

Net Element, a provider of mobile payment technology solutions, has entered into a payment gateway processing agreement with the UAE-based Mashreqbank.. read more

Mauritius’s SBM Bank forays into Kenya’s banking sector

  • Published: 24 Nov 2016

SBM Holdings, Mauritius’s second-biggest bank, has agreed to acquire Kenya’s Fidelity Commercial Bank by the end of this year.. read more

Mashreq extends payment processing contract with Planet Payment

  • Published: 23 Nov 2016

UAE-based banking group Mashreq has extended its contract with Planet Payment, a provider of international and multi-currency payment processing services, through 2021.. read more

Visa amends its EMV debit card transaction-routing policies

  • Published: 23 Nov 2016

Visa has tweaked its chip debit card transaction-routing policies to help merchants and acquirers better understand implementation options pertaining to the adoption of EMV chip technology in the US.. read more


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