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Financial service provider UnionBank of the Philippines collaborated with Informatica, a software developer, on Thursday, to adapt Informatica’s master data management (MDM) software as a service (SaaS) as UnionBank shifts from an on-premises solution to the cloud as part of the bank’s cloud digital transformation strategy. Master data management involves creating a single master record […]
Financial institution Bank Nizwa collaborated with its peer Oman Housing Bank (OHB), on Wednesday, to participate in OHB’s Iskan program. This collaboration aims to accelerate the approval process for pending housing finance applications with OHB and the Ministry of Housing and Urban Planning, said the firm. The Iskan program operates under the partnership of various […]
Islamic financial institution Ajman Bank launched its real estate subsidiary Skyrise Properties on Thursday, aiming to expand in the real estate asset management market. The newly launched real estate firm will be based in UAE and operate as an autonomous entity with its own distinct identity, systems, and team, said Ajman Bank. Mohammed Al Shamsi, […]
IT service provider Thales Digital Identity & Security collaborated with financial service provider Trust Bank Singapore on Wednesday, to launch ocean plastic, a sustainable credit and debit card made from plastic found in the ocean. The tech company said the recycled card consists of 70% ocean plastic from Parley for the Oceans, non-profit environmental organization. The […]
United Arab Emirates, one of the largest banks, First Abu Dhabi Bank (FAB) confirmed its partnership with low-carbon energy and services provider ENGIE Solutions by signing a memorandum of understanding (MoU), on Tuesday. This partnership is aimed at advancing the companies’ capabilities in financial decarbonisation solutions. The bank stated the agreement was signed in COP28 […]
Financial service provider Emirates NBD collaborates with tech giant Microsoft, on Friday, to implement Microsoft Sustainability Manager, a Cloud for Sustainability solution, to implement digital transformation. Sustainability manager an adaptable solution integrating data intelligence for organizations at any sustainability stage, automating processes to efficiently record, report, and reduce emissions, water, or waste impact, said […]
Online payment platform TerraPay formed a transformative global partnership with Maya, fintech company at the Singapore Fintech Festival, on Wednesday. The company said it is establishing this partnership with Maya with the bloating demand of efficient cross-border payment solutions. TerraPay also said, this collaboration has the objective to make international remittances more accessible, convenient, and […]
Fintech firm Beyon Money launched an online payment acceptance solution called Beyon Money Checkout on Wednesday, through a collaboration with peer company Ottu for corporate industry and business in Bahrain. The newly collaborated firms with help of Ottu aims to expand Beyon Money’s services by involving merchants in Bahrain to integrate Beyond Money Checkout for […]
Indian insurance company, SBI Life Insurance, on Friday, said it has signed a bancassurance agreement with, Sikkim-based bank, State Bank of Sikkim (SBS), this deal demonstrates SBI Life’s commitment to provide insurance solution available to the residence of Sikkim. The aim of this partnership is to expand its services across the state with SBS and […]
The Abu Dhabi Securities Exchange (ADX) has confirmed its partnership with UAE-based Sharjah Islamic Bank (SIB) to facilitate efficient access to initial public offering (IPO) subscriptions for investors, on Thursday. This newly formed partnership focuses on working together to simplify the process of obtaining a National Investor Number (NIN), an identification number issued by ADX […]
The Governor, Reserve Bank of India (RBI) launches a centralized web portal UDGAM (Unclaimed Deposits – Gateway to Access inforMation).This portal has been developed by RBI for use by members of the public to facilitate and make it easier for them to search their unclaimed deposits across multiple banks at one place. The Reserve Bank […]
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has reported a remarkable surge and continued success in its digital banking, driven by the growing preference for digital services among customers. The bank witnessed a significant 142 per cent increase in new-to-bank customers opening accounts using ADIB’s Electronic Fingerprints Recognition (EFR) technology. Recent data […]
