SME Bank, the neobank startup that offers banking and financial services specifically for small- and medium-sized enterprises, is announcing today the addition of SEPA Instant Credit Transfers as well as becoming a member of SWIFT – a vast messaging network used by banks and other financial institutions around the world.
The Central Bank of the UAE (CBUAE) has launched a Financial Infrastructure Transformation (FIT) programme to expedite digital transformation within the financial services sector
The United Arab Emirates is planning to launch a CBDC and domestic card scheme as part of a wide-ranging financial infrastructure transformation programme.
Australia-based bank Westpac has announced its entrance within the buy now, pay later (BNPL) space with a product designed to withstand regulatory scrutiny
J.P. Morgan (Johannesburg branch) has successfully migrated to ISO 20022 messaging standards for its domestic RTGS system, referred to as SAMOS (South African Multiple Option Settlement System).