Banking
Ant Group reportedly nearing deal to acquire Dutch payments firm MultiSafepay
Ant Group's Acquisition Plans:China's Ant Group is reportedly nearing a deal to acquire MultiSafepay, a Dutch payments firm, in a move to...
Banking
Mastercard’s joint venture receives approval to commence domestic payments in China
Mastercard's joint venture in China, Mastercard NUCC Information Technology, has received formal approval to commence domestic payments.
In February 2020, Mastercard NUCC received...
Banking
HSBC acquires Citi’s $3.6bn consumer wealth portfolio in China
HSBC has agreed to purchase Citi's retail wealth management portfolio in China, with a deal expected to close in the first half of 2024....
Banking
Geely Group buys out Saxo Bank stake in joint fintech venture
Denmark's Saxo Bank has completed the sale of its stake in Saxo Geely Tech Holding A/S (Saxo Fintech) to Geely Group, an automotive company...
Banking
Singapore’s MVGX launches carbon SaaS subsidiary, appoints ex-BSI exec to take the lead
Singapore-based fintech MVGX launches a subsidiary, MVGX Tech, specializing in carbon Software-as-a-Service (SaaS) products and services, led by former BSI executive Frank Zhang. The...
Cloud
Huawei launches F2F2X data infrastructure architecture to help FSI build and manage modern data centres
Huawei launched its new data infrastructure architecture, F2F2X, at the Huawei Intelligent Finance Summit 2023. The architecture aims to address data storage and management...
Banking
UnionPay connects with Cambodia’s central bank over QR code interoperability
UnionPay International (UPI), a subsidiary of China's UnionPay, has partnered with the National Bank of Cambodia to promote QR code interoperability between the two...
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