Archive
UOB Completes Citi’s Consumer Banking Acquisition Deal in Vietnam
UOB has finalised the acquisition of Citigroup’s consumer banking business which comprises its lending portfolios, wealth management and retail deposit businesses in Vietnam. The completion of the acquisition had also included the transfer of approximately 575 Citigroup related staff to
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India Emerges as a Key Player in the Global Fintech Landscape
The fintech industry in India is experiencing rapid growth due to various factors. One of the primary drivers is the increasing penetration of the internet and smartphones, enabling access to digital financial services. Additionally, the country’s large and young population
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Tazapay Offers Open Banking Payments in Europe Through Volt Tie-up
Singapore-based cross-border payments firm Tazapay has partnered with real-time payments gateway Volt to add open banking to its growing stack of payment offerings. This is in line with its plans to accelerate its international growth across the UK and Europe.
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Thought Machine Goes on Hiring Spree Amidst Massive Tech Layoffs
Thought Machine, a cloud-native banking technology company, will increase its global headcount by more than 20% in 2023 by hiring in India, Japan and South Africa. As part of the next phase of its expansion plans, Thought Machine said that
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Wise Revamps With New Look and Features, Onboards 100K Users Weekly
Online money transfer service Wise has unveiled its complete visual makeover and rolled out new features on its app which now has 16 million customers worldwide. The Wise app now features a fresh green palette and a bold new font
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