Today, the six-year-old fintech startup is announcing a different kind of expansion — one that takes it into more of the digital bank territory ... It also earns SaaS revenue from customers ...

KARACHI: The SBP awarded the first digital retail bank licence to Easypaisa Bank on Tuesday. In a ceremony held at the central bank, Governor Jameel Ahmad awarded the licence to Easypaisa Bank Ltd ...

While deposit insurance acts as a key safeguard in the event of a commercial bank failure, it’s not a cure-all. There are limits on how much can be insured, and usually there’s a bit of a delay before ...

The Honorable Finance Minister of Pakistan, Senator Muhammad Aurangzeb, congratulated easypaisa digital bank on its successful transformation as Pakistan’s first digital bank, after receiving ...

YTL Digital Bank Berhad, a joint venture between YTL Digital Capital Sdn Bhd and Sea Limited, has officially introduced Ryt Bank. The digital bank joint venture has received their digital banking ...

It also replaced the term virtual bank with licensed digital bank in a bid to boost public confidence in the firms. “Taking into consideration feedback from the industry, the HKMA considers that ...

YTL Digital Capital Sdn Bhd (YTL) is, in partnership with Sea Ltd, officially launching Ryt Bank, its first AI-Powered Digital bank. The digital bank was approved by the Ministry of Finance and will ...

KAF Digital Bank has received approval from Bank Negara Malaysia (BNM) and the ministry of finance to commence operations as a digital bank. This according to the consortium led by KAF Investment Bank ...

these digital banks do not impose any minimum balance requirement for their savings accounts. GXS Bank (GXS), a consortium backed by Grab Holdings and Singtel, first began offering its services to a ...

The Bank of England plans to launch the Digital Pound Lab in 2025 for CBDC testing and development. Collaboration with HM Treasury and global experts highlights privacy, efficiency, and economic ...

The Bank of England and HM Treasury are in the design phase for the creation of a digital pound or central bank digital currency. A consultation paper outlined the framework as a precursor to a ...

Digital transactional platforms enable customers to make or receive payments and transfers and to store value electronically through the use of devices that transmit and receive transaction data and ...