AI
Bank of Hangzhou partners Malaysia’s Maybank to support cross-border businesses in China
Bank of Hangzhou and Maybank signed an MoU to support Chinese enterprises expanding into Southeast Asia.
The partnership will focus on enhancing cross-border...
Banking
HSBC reportedly writes off remaining $5.8m stake in UK fintech Monese
HSBC Holdings has written off its remaining 5.4% stake in UK-based fintech Monese.
HSBC acquired a minority interest in Monese for £35 million...
Banking
JP Morgan to bolster community presence with planned hiring spree in US
JP Morgan Chase plans to hire 75 community managers by 2030 to enhance financial inclusion in underserved communities across the US.
The role...
Banking
Singapore Gulf Bank strengthens C-Suite ahead of launch
Ali AlShamma has been appointed as Chief Financial Officer (CFO) of SGB. He previously served as CFO for Goldman Sachs and Citigroup in...
Banking
Mastercard acquires Minna Technologies to upgrade subscription experience
Mastercard has agreed to acquire Swedish fintech Minna Technologies, specializing in subscription management, for an undisclosed amount.
Minna Technologies, founded in 2016 and...
AI
Indonesia’s Krom Bank taps AWS Cloud for digital banking upgrade
Krom Bank, a subsidiary of Kredivo Group, is launching digital banking services through its partnership with Amazon Web Services (AWS).
Utilizing AWS Cloud,...
AI
New UK fintech Covecta launches configurable AI platform
Covecta has launched a configurable AI platform designed to streamline critical activities for financial institutions' front-line teams.
The platform serves commercial banks, insurers,...
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