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Tag: bank launched

ZiG: Zimbabwe Launches Gold-Backed Currency to Stabilize Economy and Fight Inflation

On April 8, 2024, Zimbabwe officially launched its new gold-backed currency, the ZiG (Zimbabwe Gold). According to a report by Kitco News published on...

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Client onboarding an everlasting priority for wealth firms

Introduction Globally, the leading wealth management firms keeps on transforming its client onboarding capabilities to elevate the customer experience. Seamless client onboarding remains at core...

Customer Experience in Banking: Key to the Success of Bank Digital Transformation

The rapid development of digital technology is making new demands on financial brands. Marketing methods that used to work perfectly only a decade ago,...

HSBC to launch custody service for tokenized securities

Banking giant HSBC is set to introduce digital asset custody services for tokenized securities such as bonds on the blockchain. The bank expects to...

U.S. Bank Launches Avvance, a Point-of-Sale Lending Tool – Finovate

U.S. Bank launched Avvance, a point-of-sale lending tool for merchants. Avvance allows merchants to offer installment loans on purchases ranging from $300 to...

Singapore Overtakes Hong Kong in Digital Banking Adoption – Fintech Singapore

Advancements in technology, changing demographics and supportive regulations are driving the rise of digital banking in Asia, with Singapore and Hong Kong emerging as...

10 Major Philippine Banks in BSP CBDC Project – The List

BSP launched the pilot Central Bank Digital Currency, Project Agila, with the involvement of major Philippine banks like BDO Unibank, Land Bank, and Union...

Finovate Global Germany: Sustainable Investing for Families and Embedded Lending for SMEs – Finovate

This week’s edition of Finovate Global takes a look at recent fintech developments in Germany. German fintech Bling launched its SavingsTrees solution this...

A List of Digital Banks in Asia – Fintech Singapore

Are digital first banks in Asia poised to lead a disruptive charge against well-entrenched, established commercial banks?In the traditional banking sphere globally, but especially...

Hong Kong’s e-HKD pilot puts the world on notice

In a major development for the rollout of central bank digital currencies (CBDCs) worldwide, the Hong Kong Monetary Authority (HKMA) announced the launch of...

Transactions: US Bank brings embedded payments to PaperTrl

U.S. Bank is offering embedded payments capabilities to accounts payable automation software solution PaperTrl. The bank launched Instant Card in 2020 — a...

Transactions: Lloyds Bank launches payment service

Lloyds Bank launched PayMe, a payment transfer service developed in partnership with fintech Bottomline Technologies. PayMe, which launched Tuesday, allows businesses to send...

​​Silvergate to Wind Down Operations in ‘Voluntary Liquidation’

Distressed crypto-friendly bank Silvergate has decided that liquidation is the best path forward.In a Wednesday press release, Silvergate announced its intent to wind down...

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