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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...

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...

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...

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...

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...

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,...

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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