Global Banking Monitor (Page 50)

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Digital Banking

Ithmaar Bank Launches Digital Onboarding for Corporate Clients, Eliminating Branch Visits

Ithmaar Bank has launched a fully digital onboarding service for corporate clients and SMEs, enabling businesses to open accounts without visiting a...…

TD Bank Hit With 3 Billion Dollar Fine for Money Laundering Failures

TD Bank has been hit with a $3 billion fine for failing…

Bank ABC Anchors Fintech Forward 2024 as Platinum Sponsor, Showcasing AI and Digital Finance Vision

Bank ABC served as Platinum Sponsor of Fintech Forward 2024, Bahrain's flagship fintech conference, using the platform to showcase its digital banking...…

QNB Strengthens Fintech Advancements in Qatar Through Strategic Partnership

Payments & Fintech

QNB Strengthens Fintech Advancements in Qatar Through Strategic Partnership

QNB Group has announced a strategic partnership to advance digital innovation and strengthen the payment ecosystem in Qatar, focusing on integrating...…

Monzo Employees Set to Cash In as Valuation Hits 4.5 Billion Pounds

Monzo employees are set to benefit from a windfall as the digital…

Revolut Applies for Banking Licence in Colombia

Revolut is applying for a banking licence in Colombia, extending its Latin…

Citi and Google Cloud Announce Strategic Agreement to Modernize Technology Infrastructure

Citi and Google Cloud Announce Strategic Agreement to Modernize Technology Infrastructure

Citigroup and Google Cloud have entered a multi-year strategic agreement to migrate workloads and applications to Google Cloud's infrastructure while...…

FTX Bankruptcy Court Approves Plan to Repay Billions to Creditors

A US bankruptcy court has approved FTX's plan to repay…

Gulf Bank Recognised for Best Sustainability Initiative

Gulf Bank Recognised for Best Sustainability Initiative

Gulf Bank partnered with local enterprise IBRAH to recycle outdoor advertising materials into reusable tote bags - earning our Best Sustainability Initiative Award.…

UAE Makes Cryptocurrency Transactions VAT-Free

The UAE has made cryptocurrency transactions exempt from value-added tax, in…

Mashreq Expands Collaboration with Oracle to Accelerate Global Expansion Using Exadata Cloud

Mashreq Expands Collaboration with Oracle to Accelerate Global Expansion Using Exadata Cloud

Mashreq has expanded its partnership with Oracle by selecting Oracle Exadata Cloud@Customer to support its database workloads, adding cloud database...…

TrueLayer Raises 50 Million Dollars to Power Pay-by-Bank Growth

UK open banking company TrueLayer has raised $50 million to power the…