Oriental Bank, a new Cambodian bank, has selected payment technology provider BPC for powering its digital banking experiences. According to BPC, the new commercial bank in Cambodia is looking to capture a considerable market share of tech-savvy consumers and those who prefer brick-and-mortar banking experiences. The strategy will see Oriental Bank adapting a 60% digital […]
Paysafe, a UK-based online payments company, has signed an all-cash deal to acquire viafintech, a German fintech company. The financial terms of the deal were not disclosed. Known under the brands of Barzahlen/viacash and viacash, viafintech is claimed to provide the largest, bank independent, payments infrastructure in Germany, Austria, and Switzerland. The German fintech company […]
Axis Bank claimed that it has surpassed the milestone of one million customers on its WhatsApp banking channel, which it had launched in January 2021. The Indian private sector bank has received request count of six million so far for its WhatsApp banking services. According to Axis Bank, customers by using its WhatsApp banking channel […]
Infosys said that UnionBank of the Philippines (UBP) will move from an on-premises deployment to Infosys Finacle Digital Banking Solution Suite on Cloud. According to the Indian IT giant, more than eight million customer accounts will be considered for shifting to the new software-as-a-service (SaaS) platform. The migration is expected to help UnionBank of the […]
NIIT Limited said that its subsidiary – NIIT Institute of Finance Banking and Insurance (NIIT IFBI) has joined forces with Axis Bank to launch a digital banking academy aimed at building future ready fintech professionals for the banking group. The first course designed under the Axis Bank – NIIT Digital Banking Academy is the FinTech […]
Axis Bank has selected Amazon Web Services (AWS) for expediting its digital transformation program and address the increasing demand for its digital banking services. Under a multi-year agreement, Amazon Web Services will help the Indian private sector bank leverage the former’s services that include containers, database, and compute, for developing a portfolio of new digital […]
ICICI Bank has launched a set of digital banking solutions for corporates and their entire ecosystem dubbed – ICICI STACK for Corporates. According to the Indian banking group, the range of 360-degree solutions offered by it will help corporates to effortlessly meet all the banking needs of their ecosystem in an accelerated and frictionless manner. […]
ICICI Bank claimed that more than two million customers of other banks are now using the revamped version of iMobile Pay, its mobile banking app. The Indian private lender said that the milestone has been achieved in just five months after making the mobile banking app available to all, including customers of other banks. The […]
Vakrangee Ltd has forged a partnership with NSDL Payments Bank to offer banking business correspondent (BC) services throughout India via its network of Nextgen Vakrangee Kendras. The Mumbai-based technology company said that digital banking has helped to remove the physical barrier of a bank branch, which makes its model highly scalable. According to Vakrangee, the […]