Global Banking Monitor (Page 27)

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Mastercard Partners with The BENEFIT Company to Drive Payment Innovation and Financial Inclusion in Bahrain

Payments & Fintech

Mastercard Partners with The BENEFIT Company to Drive Payment Innovation and Financial Inclusion in Bahrain

Mastercard and The BENEFIT Company, Bahrain's national payments infrastructure operator, have signed a memorandum of understanding to co-develop digital...

Standard Chartered Completes First Euro-Denominated Cross-Border Transaction on Partior Blockchain Network

Payments & Fintech

Standard Chartered Completes First Euro-Denominated Cross-Border Transaction on Partior Blockchain Network

Standard Chartered has completed the first Euro-denominated cross-border transaction on the Partior blockchain network, becoming the first Euro settlement...

Mastercard Accelerates Card Fraud Detection with Generative AI Technology

Payments & Fintech

Mastercard Accelerates Card Fraud Detection with Generative AI Technology

Mastercard has deployed generative AI technology to double the speed at which it detects potentially compromised payment cards, enhancing its Consumer Fraud...

Temenos Launches the First Responsible Generative AI Solutions for Core Banking

Temenos Launches the First Responsible Generative AI Solutions for Core Banking

Temenos has launched what it describes as the first responsible generative AI solutions designed specifically for core banking, integrating transparent and...

Emirates NBD and Nium Join Forces to Transform Cross-Border Payments in the Middle East

Payments & Fintech

Emirates NBD and Nium Join Forces to Transform Cross-Border Payments in the Middle East

Emirates NBD has partnered with Nium to enable real-time cross-border payments for its retail and corporate customers, marking one of the most significant...

Checkout.com and Mastercard Partner to Bring Virtual Cards to Online Travel Agents

Payments & Fintech

Checkout.com and Mastercard Partner to Bring Virtual Cards to Online Travel Agents

Checkout.com and Mastercard have announced a partnership to deliver virtual card capabilities to online travel agents through the Mastercard Wholesale Program.

SAMA Grants STC Pay Formal Approval to Transform into Full Digital Bank

SAMA Grants STC Pay Formal Approval to Transform into Full Digital Bank

The Saudi Central Bank (SAMA) has granted STC Pay formal approval to advance to the next phase of its transformation into STC Bank, a fully licensed digital...

Stripe Sessions 2024: 50+ Product Launches Including AI-Powered Payments and 100+ Payment Methods

Payments & Fintech

Stripe Sessions 2024: 50+ Product Launches Including AI-Powered Payments and 100+ Payment Methods

Stripe unveiled more than 50 product updates at its annual Sessions conference, including AI-powered payment optimisations, a doubling of supported payment...

UAE Central Bank Launches Open Finance with Al Etihad Payments and Core42 Partnership

UAE Central Bank Launches Open Finance with Al Etihad Payments and Core42 Partnership

The UAE Central Bank has taken a major step toward implementing the country's Open Finance Framework through a partnership between Al Etihad Payments and...

Samsung Pay Launches in Oman with Bank Muscat as Key Participating Institution

Payments & Fintech

Samsung Pay Launches in Oman with Bank Muscat as Key Participating Institution

Samsung Pay has officially launched in Oman, with Bank Muscat among the key financial institutions supporting the digital wallet from day one.

Finastra Reimagines Digital Experiences with Next Gen Mobile Banking

Digital Banking

Finastra Reimagines Digital Experiences with Next Gen Mobile Banking

Finastra has launched its Next Gen mobile banking application, a modernised platform designed to provide financial institutions with highly customisable...

FAB and Microsoft Announce Landmark Strategic Partnership to Develop AI-Based Banking Capabilities

FAB and Microsoft Announce Landmark Strategic Partnership to Develop AI-Based Banking Capabilities

First Abu Dhabi Bank has signed a strategic partnership with Microsoft to establish an AI Innovation Hub, a joint initiative aimed at developing artificial...