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Indonesia’s Allo Bank taps Tencent Cloud to enhance digital banking services

Indonesia's largest digital banking platform, Allo Bank, has partnered with Tencent Cloud to enhance its digital banking services. Through the partnership, Allo Bank will...

South Korea sets out measures to promote competition in banking sector

South Korea's financial authorities have introduced new measures to foster competition in the banking sector. The initiatives include allowing more banking players to enter...

Mbanq’s BaaS offering supports US debut of SME-focused Cheqly

Cheqly, a San Francisco-based fintech, has partnered with Mbanq's Banking-as-a-Service (BaaS) platform to launch its SME-focused digital banking services in the US. Cheqly offers...

Sella Group selects four startups for metaverse incubation programme

The Sella Group Venture Incubator, dpixel, has selected four startups for its "Metaverse 4 Finance" acceleration program. The startups come from the USA, United...

InsurTech Qover embeds with Monzo

Insurtech Qover has partnered with Monzo, the UK's largest digital bank, to offer a seamless and user-friendly travel insurance solution for Monzo Premium account...

E-money accounts outstrip bank current accounts in the UK

A report by Dsruptiv reveals that electronic money accounts in the UK have surpassed traditional bank current accounts, with over 250 licensed electronic money...

Canadians unfamiliar with open banking

A survey conducted by Deloitte reveals that the majority of Canadians are unfamiliar with the concept of open banking. However, despite their lack of...

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