Revolut sets sights on India with remittance service
The firm is in talks with the Reserve Bank of India, local banks and fintech start-ups.
Asia
The 2020s: how the way we pay will change forever
Consumers started to move from contactless to contact-free in 2020.
The end to end benefits of cloud first transformation
Cloud has become a go-to technology for many in the financial services industry.
Tide gears up for international expansion to India
The fintech says it will bring the exact same offering it has in the UK, to India.
Pakistan launches new instant payment system Raast
Government hopes Raast can host a collection of payment types.
CoinSwitch Kuber’s $15m Series A marks Ribbit Capital’s first Indian crypto deal
CoinSwitch Kuber is gunning for ten million users this year.
India’s Udaan lands $280m in Series D funding
B2B payments firm reaches total funding of $1.2 billion.
India plans new bank to support $1.5trn infrastructure revamp
Prime minister Modi is expected to announce the news next month.
Mambu raises €110m to hit €1.7bn valuation
Cloud core banking vendor has raised over €150m since launch.
2020 in review: Top core banking stories
We run down the most interesting core banking stories from this year.
Digitalisation landscape in Pakistan – a tech view
The digital and tech teams of the banks need to “think out of the bank”.
Central Bank of Sri Lanka picks SimCorp Dimension for reserve management
CBSL selected SimCorp as part of an ongoing revamp.
Indian challenger Finwego looks to lend to private schools
The neobank claims to work with 700 partners already.
Indian payments fintech Cashfree lands Apis-led $35m Series B
Cashfree counts more than 50,000 businesses as customers.
New challenger Klear emerges in India
Klear promises an “approachable and easy” way to understand financial health.
One of Turkey’s largest fintechs Papara gears up for expansion
It launched in 2016 and became cash flow positive in 2017.
SBM Bank India plans challenger for emerging affluent market
SBM is partnering up with PayNearby for its initial stages.
PayNearby turning India’s small-time retailers into ATMs and bank branches
“I wanted to take high-end tech to the bottom of the pyramid,” says CEO.
Report: Three key strategies for customer experience success
In-depth industry report on customer experience, featuring expert insights from Mettle, HSBC & Northwestern Mutual.
Banking Technology November 2020 issue out now
Without limits: The Barclays accelerator races ahead
WhatsApp Pay finally gets green light from Indian regulators
The launch has been delayed for years since its beta testing in 2018.
Indian start-up Payzello combines debit, credit and forex into one card
Payzello was founded by 26-year old college dropout, Pruthiraj Rath.
India’s Wipro to buy Finastra partner Encore Theme Technologies
Encore Theme claims to be one of Finastra’s “fastest growing partners”.
Meezan Bank picks BPC’s SmartVista to revamp payments
Meezan is deploying SmartVista for payment authorisation, card management, and more.
Indian regulator IFSCA opens fintech regulatory sandbox for applicants
Once the regulator has decided on applicants, it will determine the conditions of the sandbox.
Major Indian IT firm TCS in talks to buy Deutsche’s Postbank tech unit
Postbank Systems provides IT services to Postbank, which Deutsche bought back in 2010.
Fintech Razorpay becomes India’s fifth unicorn during COVID-19
By 2025, Razorpay wants to have 50 million business customers.
Indian crypto exchange Unocoin is raising $5m with Draper’s help
Unocoin allows users to trade in bitcoin (BTC), ether (ETH) and tether (USDT).
Goldman Sachs-backed Kaspi revives London IPO plans
The fintech holds a 65% market share of Kazakhstan’s digital payments flow.
Bank of Baroda searches for new digital lending platform
Bank of Baroda searches for new digital lending platform.
EXCLUSIVE: Oracle wins deals with Mashreq Bank and Desjardins
Oracle has also picked up a new deal in Bangladesh.
State Bank of India boosts ATM and POS infrastructure with ACI Worldwide
The two companies have a longstanding partnership on payments.
RTGS Global kicks into gear to disrupt correspondent banking
RTGS has built its system on Microsoft Azure.
EXCLUSIVE: Bank Alfalah selects Oracle Flexcube for corporate banking
Oracle’s system to run alongside Temenos T24 for retail.
Singapore fintech Atlantis enters India with challenger Neo
Atlantis believes market adoption in India will be particularly successful.
India’s ICICI Bank uses satellite data for farmers’ credit assessments
The bank wants to scale up the service to 63,000 villages.
Indian watchdog rejects WhatsApp Pay antitrust complaint
The Competition Commission of India dismisses complaint about new market entrant.
National Savings Bank picks ACI Worldwide risk technology
Sri Lankan bank opts to extend partnership with ACI.
Federal Bank selects Fiserv FirstVision to support new credit card
The Indian bank needed a solution to power end-to-end issuance and processing.
India’s BaaS Nuclei brings train tickets to banking apps
Nuclei currently has 16 bank customers across India and the Middle East.
