Audit Checklist for Bank Advances
[ad_1] Advances are banks’ primary income source and are usually the largest item on their balance sheets. Therefore, the audit of advances is a critical aspect of
bank audits…
Spenda Platform rolls out to Carpet Court stores, signs five-year agreement to offer lending services
[ad_1] ASX-listed Spenda has announced that CC Spenda Platform has been successfully rolled out to the Carpet Court store network and contemporaneously, the parties have entered into a five-year exclusive…
DBS Equips 1,800 of Its Relationship Managers With Sustainable Financing Skills
[ad_1] DBS has upskilled over 1,600 institutional banking relationship managers (RMs) and 170 credit risk managers (CRMs) to deepen their knowledge in sustainable financing practices through specialised Climate Activation Workshops.…
Citi to Pilot Digital Platform for Commercial Banking Clients in Singapore, India, HK
[ad_1] Citi announced that it will pilot its new platform in the second half of 2023 across Singapore, India, Hong Kong, and the U.K. This is part of Citi’s significant…
Building the Bank of the Future with Open Data: Frollo
[ad_1] Frollo has launched a campaign for the mutual bank sector on Building the Bank of the Future with Open Data.Customer-owned banks are ideally placed to benefit from the consumer…
How Fintechs can Partner with Banks
[ad_1] Most fintechs want to partner with banks - but it’s easier said than done. While banks are more open than ever to collaborating with outside parties, fintechs struggle to…
IMF Shows How Central Banks Can Learn from E-Money for CBDC Success
[ad_1] As emerging technologies converge, the world is steered towards new digital money and payment forms. With over 100 countries exploring the potential of central bank digital currency (CBDC), several…
FIS Sells 55% Stake in Worldpay to GTCR in US$11.7 Billion Deal
[ad_1] Global payments service provider FIS has signed a definitive agreement to sell a majority stake in its Worldpay Merchant Solutions business to private equity firm GTCR. The transaction is expected…
Finmo Eyes Singapore Launch With In-Principle Approval for Payment License
[ad_1] Payments company Finmo announced its upcoming launch plans for Singapore after receiving the In-Principle Approval for a Major Payment Institution license from the Monetary Authority of Singapore (MAS) in…
ESG Fintech to Play Critical Role in Net-Zero Journey
[ad_1] As the world races to achieve net-zero carbon emissions, the financial services sector is facing the challenge of reducing its financed emissions. Against this backdrop, ESG fintech, which leverages…