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Tag: bank

Mox bolsters banking offering with new BNPL service

Hong Kong virtual bank Mox has introduced a new buy now, pay later (BNPL) solution that can split purchase payments over a 36-month period.

Atom Bank continues upward trajectory with passing of two key milestones

UK challenger Atom Bank has achieved two substantial milestones after it exceeded £3bn of residential mortgage completion and reached £1bn in Instant Saver account deposits.

Banks more trusted than FinTechs and Big Tech, US survey reveals

A Bank for International Settlements (BIS) survey has found US citizens trust banks more than FinTechs, government agencies and Big Data to protect their personal data.

US trade report highlights challenges for bolstering financial inclusion

A new report by six US trade groups has underlined the obstacles and solutions for boosting financial inclusion and access across the US.

Deutsche Bank bolsters Asia presence with Singapore ESG centre

Deutsche Bank has revealed it is establishing an environmental, social and governance (ESG) Centre of Excellence (COE) in Singapore.

Tinkoff launches first Russian digital buy now pay later platform

Moscow-based digital bank Tinkoff has introduced the Dolyame.ru – the country’s first buy now pay later (BNPL) platform.

MAS penalises Singaporean bank branch S$1m for fraud, terrorism failures

The Monetary Authority of Singapore (MAS) has imposed a penalty of S$1m on a Singapore-based bank branch for not complying with its anti-money laundering and terrorism financing acts.

Sterling Federal Bank picks Finastra’s banking solution Fusion Phoenix

Sterling Federal Bank is on a mission to expand its consumer banking and mortgages services, it has tapped Finastra for its Fusion Phoenix solution.

Why indó’s founders aim to create “the least powerful bank in...

On the back of closing a €1m seed round, Icelandic challenger bank indó is almost ready to go live.

Tide CEO warns that the UK government’s measures to help SMEs...

The UK government has unveiled a package to help SMEs. However, the boss of challenger bank Tide doubt the package will be enough.

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