Bank of Montreal Faces Credit Pressure Concerns After Profit Shortfall
The Bank of Montreal (BMO) has reported weaker-than-expected profits for the quarter, prompting concerns about increasing credit pressures. The bank's shares have declined as it faces challenges in managing credit risks and maintaining ... Read More
Piramal Finance Collaborates with Central Bank of India to Expand Financial Inclusion
Piramal Finance has partnered with the Central Bank of India to promote financial inclusion across rural and semi-urban areas. The collaboration aims to provide comprehensive financial solutions, leveraging technology to enhance ... Read More
Visa Partners with Revolut to Enhance Global Payment Solutions
Visa has entered a strategic partnership with Revolut to bolster its global payment solutions. The collaboration aims to leverage Visa’s extensive network and Revolut’s innovative financial technology to offer seamless, secure payment ... Read More
HDFC Bank Partners with Zeta to Launch Credit Line via UPI Using DCaaS Solution
HDFC Bank has teamed up with Zeta to introduce a credit line through UPI, powered by Zeta's Digital Core as a Service (DCaaS) solution. This collaboration aims to enhance customer convenience by providing seamless access to credit, ... Read More
CTBC Escalates Bidding War for Taiwan Bank with Revised Offer
The battle for control of a leading Taiwanese bank has escalated as CTBC Financial Holding Company submits a competitive offer. With several major financial players vying for the acquisition, this move by CTBC highlights the strategic ... Read More
Backbase Partners with MyState Bank to Fuel Business Expansion
Backbase is collaborating with MyState Bank to enhance their digital banking capabilities, aiming to support the bank's business growth and deliver an improved customer experience. The partnership focuses on integrating advanced engagement ... Read More
IDEX Pay obtains Visa certification
IDEX Pay has secured Visa certification, marking a significant milestone in its mission to provide secure and efficient payment solutions. This certification allows IDEX Pay to expand its services globally, offering users seamless access ... Read More
Weyay Bank Unveils Multicurrency Card for Digital Users
Weyay Bank has introduced a new multicurrency card designed for digital users, offering seamless transactions in multiple currencies. This innovative card aims to enhance the financial flexibility and convenience for users, making it ... Read More
Fintech startup PhonePe reports adjusted profitability for FY24.
PhonePe reports adjusted profitability for FY24, marking a significant achievement in its growth trajectory. The fintech startup has improved financial performance through strategic investments and operational efficiencies, setting a ... Read More
ASIC Cracks Down on Greenwashing in Financial Sector
ASIC is intensifying its efforts to combat greenwashing in the financial sector by implementing stricter regulations and enforcement actions. The move aims to protect investors from misleading claims about environmental sustainability and ... Read More