Latest news

Search
clear
clear
Reset all filters

Latest Results from /inclusion

Sibos 2022: India’s regional banks – the state of play

/inclusion

Sibos 2022: India’s regional banks – the state of play

Ahead of Sibos 2022, Finextra spoke to Baldev Prakash, managing director and CEO of one of the oldest private sector banks in India, Jammu & Kashmir Bank, about their technology roadmap, the subcontinent’s economic recovery and the geopolitical implications of the Russia-Ukraine conflict despite being a smaller bank.

India preps digital rupee pilot

/inclusion

India preps digital rupee pilot

The Reserve Bank of India is preparing to launch a limited pilot testing a digital rupee for specific use cases.

MoneyGram invests in UAE-based startup Jingle Pay

/inclusion

MoneyGram invests in UAE-based startup Jingle Pay

MoneyGram has acquired a 12% stake in Jingle Pay as part of a wider partnership with the UAE-based financial superapp targeting the region's huge expatriate community.

HSBC invests in customer intelligence and risk assessment firm Bizbaz

/inclusion

HSBC invests in customer intelligence and risk assessment firm Bizbaz

HSBC Asset Management has led a $4 million seed funding round for Bizbaz, a Singapore-based startup using non-traditional data to help financial firms assess credit risk.

HSBC invests $10m in Nova Credit

/inclusion

HSBC invests $10m in Nova Credit

HSBC has invested $10 million in Nova Credit as part of a wider partnership giving the bank global access to the startup's cross-border credit data product.

Financial institutions commit to lower remittance fees to Ukraine

/inclusion

Financial institutions commit to lower remittance fees to Ukraine

A number of financial institutions have signed a joint statement with the European Commission pledging to lower total fees of remittances to Ukraine at least during the war. Signatories include Mastercard, Visa, Wise, and TransferGo among others.

Neobank for migrants Majority closes $30m Series B

/inclusion

Neobank for migrants Majority closes $30m Series B

Majority, the mobile banking outfit for migrants in the US, has raised $30 million in Series B funding led by Valar Ventures.

Pakistan’s ABHI channels donations to flood victims

/inclusion

Pakistan’s ABHI channels donations to flood victims

Pakistan-based fintech ABHI has teamed up with NGOs JDC, Al-Khidmat and Saylani to allow employed individuals to donate their earned but unpaid salary to flood relief funds.

35 startups tapped for Tech Nation’s diversity-driven Libra 2.0 programme

/inclusion

35 startups tapped for Tech Nation’s diversity-driven Libra 2.0 programme

Tech Nation has selected 35 tech startups to join their second Libra programme for underrepresented tech founders. Libra 2.0 is focused on promoting diverse tech leaders in the UK by choosing companies founded by Black, South Asian, East Asian, and Arab leaders in the industry.

UK's bank branch sharing project to be extended

/inclusion

UK's bank branch sharing project to be extended

A trial project involving bank branches shared by multiple institutions is set to be rolled out across the UK.

Varo Bank’s proposal to reform the CRA champions financial inclusion

/inclusion

Varo Bank’s proposal to reform the CRA champions financial inclusion

The Community Reinvestment Act (CRA) was created in order to ensure that the credit needs of lower income communities in the US were accommodated by local financial institutions. However, many financial firms are proposing a reform of this act to be more inclusive of low and moderate income communities.

Singapore welcomes another digital bank

/inclusion

Singapore welcomes another digital bank

The digital bank market in Singapore has grown following the launch of Trust Bank, a partnership between Standard Chartered and local retailer FairPrice.

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept