Economic Recovery Risks Losing Momentum

Second wave of the pandemic in Europe, notably in France, and the resulting new restrictions are…

Standard Bank Group Ltd to Scale-Up Operations Towards Digitization

Africa’s largest lender by assets, is planning to scale-up some of its operations on the continent…

First Fully Digital Bank TMRW to Serve ASEAN Region

ASEAN region boasts of approximately 96% mobile phone penetration rate with a density of 967 per…

Card Payments to Mellow in Indonesia

Card payments growth in Indonesia is expected to mellow to 1.7% this year as consumers veer…

UAE is Expected to Record a Strong Economic Resurgence

UAE is expected to experience a deeper contraction this year than predicted in May. Dubai’s economy…

Biggest Bank Merger in Saudi Arabia

National Commercial Bank, Saudi Arabia’s largest lender by assets, agreed to buy rival Samba Financial Group.…

Latin America Experience Deepest Recession in Modern History

The region is set to experience a sharp downturn this year as lockdowns pummel activity. Considerable…

Digital Connectivity Support by World Bank in Haiti

Financing aims to increase access to broadband services in Haiti and establish the foundations of digital…

Revision of Electronic Identification and Trust Services Regulation

Insurance Europe published its response to a consultation by the European Commission on a revision of the electronic…

Exploring Cross-Currency Instant Payments

European Central Bank will investigate whether and how TARGET Instant Payment Settlement (TIPS) could support payment transactions across…