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UK Banks Hold Back £7.5Billion from Struggling SMEs in Missed Annual Deposit Interest

SME owners in the UK are due more than £7.5billion a year in ‘missing’ savings interest; business bank Allica Bank has revealed after new research. Rising interest rates, the cost-of-living crisis and less-than-favourable macroeconomic conditions continue to pile pressure on SMEs – but Allica Bank has found that the biggest high street banks in the UK may be keeping billions from […]
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Digital Banking Takes Centre Stage in Australia: Insights from Mambu

Australia’s financial services sector is witnessing a significant shift towards digital banking, with cloud banking platform Mambu outlining its role in the transformation. Mambu has steadily expanded its influence in the Australian market by partnering with 10 financial service providers, including Angle Finance, Bluestone Home Loans, Commonwealth Bank of Australia, Lumi, Nimble, Prospa and Tyro. In a visit to Sydney […]
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Banco do Brasil Selects HCLTech to Hyper-Personalise its Customer Experience

Banco do Brasil, one of the largest financial institutions in Latin America, through a bidding process, has chosen HCLTech, a global tech firm, to support the bank’s digital transformation and customer relationship management (CRM) journey and implementation of Salesforce. HCLTech partnering with Salesforce enables Banco do Brasil to hyper-personalise customer relationship and service solutions, generating greater customer satisfaction and […]
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New Zealand University Launches Fintech Degree to Bridge Industry Skills Gap

The University of Waikato, an educational institution located in New Zealand, has launched the country’s first Bachelor of Banking, Finance & Technology (BBFinTech) programme in response to the call for more graduates equipped with the skills demanded by the fintech sector. Waikato is New Zealand’s leading business school, ranked number one for business and economics and is […]
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Singapore and India Sign Fintech Agreement To Drive Innovation

The Monetary Authority of Singapore (MAS) and India’s International Financial Services Centres Authority (IFSCA) have agreed to facilitate regulatory collaboration and partnership in fintech. The ‘Fintech Co-operation Agreement (CA)’ will see the pair leverage existing regulatory sandboxes in their respective jurisdictions to support experimentation of technology innovations. This includes referral of companies to each other’s regulatory sandboxes and enable […]
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