The investment will be used to develop innovative technology Lloyds Banking Group has invested £UK10 million in digital identity company Yoti, an investment which supports the development of innovative technology to keep people safe online, tackle the ever-growing risks of identity fraud, and give people more control over their personal…
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CBA joins industry pilot to explore use cases for a CBDC
Two areas that have the most potential are real asset tokenisation and smart payments Following the announcement from the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC), the Commonwealth Bank (CBA) has welcomed the opportunity to collaborate with both organisations and other industry participants to explore…
Read MoreAsiaPay launches Visa installments
PayDollar is a secure advanced digital payment platform built by AsiaPay AsiaPay a leading provider of digital payment solutions in the Asia Pacific, has launched Visa Instalments in Hong Kong and will further extend to Southeast Asia to provide merchants more flexible payment options and enhance the purchase experience of consumers. Leading a new trend…
Read MoreChina CITIC partners with Ascenda to grow business
The program engages customers with innovative new membership rewards Ascenda, the global rewards infrastructure company, and China CITIC Bank Credit Card Center have launched the next generation of the China CITIC Bank Point Program to accelerate premium customer acquisition and its new retail development strategy. The program engages customers with…
Read MoreDSB selects cognizant as its sole offshore supplier
There’s a shift in transportation patterns following pandemic lockdown Cognizant announces that it has been selected by DSB, Denmark’s state railway operator, as the sole provider of offshore IT consulting services to accelerate, scale and further improve its ability to deliver against DSB’s digital strategy. The multi-year agreement is aimed at extending DSB’s data…
Read MoreBuy2Sell Vietnam partners with KASIKORNBANK
The app ensures secure transactions and protects users’ data K PLUS Vietnam – a mobile banking application, from KASIKORNBANK (KBank), with seamless and secure experiences for Vietnamese users to easily perform financial transactions quickly & safely anytime and anywhere, is now available on the e-commerce platform (B2B) Buy2sell Vietnam. The K PLUS…
Read MoreUnity Bank upgrades core banking system
Full implementation completed in record 88 days Unity Small Finance Bank Limited (Unity SFB), a new-age digital-first bank, has replaced its core banking system (CBS) with M2P Fintech’s Turing CBS. The new generation platform will revolutionize the way the bank serves its customers by offering seamless digital banking experiences. The implementation…
Read MoreCBA’s ‘Benefits finder’ connects customers to $US1 billion
Benefits finder is one of several CBA digital tools Commonwealth Bank today released new figures that show Benefits finder has connected personal and business customers to $US1 billion worth of grants, rebates and concessions since the CBA digital tool launched in 2019. Benefits finder is a tool available in the CommBank app…
Read MoreAscenda announces partnership with Axis Bank
Helping power its new Points & Miles Transfer Program Ascenda, the world leader in powering global rewards card and payment value propositions for financial brands, today announced its partnership with Axis Bank, India’s third largest private sector bank to power their innovative new rewards program. Axis Bank, with a presence of 4,760…
Read MoreDBS a model for digital transformation
Businesses need to transform themselves in order to compete DBS continues to be studied as a transformation role model, with Harvard Business School (HBS) being the latest academic institution to capture the bank’s digital transformation journey in a case study. The DBS case is being taught in HBS’ Master of Business Administration…
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