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The US Federal Reserve proposes new single cap on interchange fees

The US Federal Reserve proposes a new cap on debit card interchange fees for transactions. The proposal aims to assess whether interchange fees...

Kasikorn Bank snaps up 97% stake in cryptocurrency exchange Satang for $103m

Kasikorn Bank (K-Bank), Thailand's fourth largest bank, acquires a 97% stake in Satang Corporation, the parent company of cryptocurrency exchange Satang, for $102.8...

UAE’s Ajman Bank selects Codebase Technologies to power retail “super-app”

Ajman Bank partners with Codebase Technologies to launch a new retail "super-app." The bank also implements cloud solutions from Cloud4C and Microsoft Azure...

IndusInd Bank taps Viamericas for digital inward remittance offering

IndusInd Bank partners with Viamericas Corporation for digital inward remittances from the US to India. US-based Indians can use the Indus Fast Remit...

BNP Paribas taps Lenvi to manage risk for factoring and receivables finance

BNP Paribas partners with fintech firm Lenvi for risk management and fraud analytics. BNP Paribas Factoring operates in 12 countries with €210 billion...

Ziglu founder Mark Hipperson rejoins company as executive chairman

Mark Hipperson rejoins Ziglu as executive chairman. Ziglu, founded in 2018 and launched in 2020, specializes in mobile banking and cryptocurrency services. Kevin...

Sudan’s Africa and Gulf Bank selects Temenos to power digital transformation

Africa and Gulf Bank partners with Temenos to modernize its digital and core banking capabilities. Founded in 2019, the bank started operations in...

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