As the International Chamber of Commerce’s (ICC) celebrates its centenary at the ICC Banking Commission Annual Meeting in Beijing from 8 – 11 April, an important milestone on the journey to achieve a globally accepted Sustainable Trade Finance framework will be reached.
Israeli fintech Rewire, which has developed a cross-border international banking service for migrant workers, has secured $12 million in a funding round led by Viola Fintech and including contributions from BNP Paribas and strategic banking partner Standard Bank.
Standard Bank of South Africa is to adopt a cloud-first approach to its business, contracting with Amazon Web Services for a mass-migration of its IT architecture in a bid to drive its digital transformation strategy.
Underscored by the United States’ trade war with China, the continued fragmentation and shift of global soft power from the developed West to Asia tends to dominate global headlines.
Indian-headquartered Financial Software and Systems (FSS) has acquired a 46% stake in Standard Bank's South African payment processing subsidiary Ecentric.
Standard Bank of South Africa is preparing for the go-live of a private permissioned blockchain payment system for conducting overseas foreign exchange trades on behalf of corporate clients.
RiskIQ, the global leader in digital threat management, today announced that Standard Bank has deployed its suite of products to automate the discovery and threat analysis of brand infringement, cybercrime and web-based attacks against its digital presence.
Furthering its ambitions to displace cash in emerging markets, Mastercard has acquired mobile payments technology company Oltio from South Africa's Standard Bank.
Standard Bank has signed an agreement with CCRManager Pte Ltd, a global trade FinTech company, joining their global innovative electronic platform as a member bank.
South Africa's Standard Bank has bought a majority stake in Firepay, the local startup behind popular QR code-based mobile payments service SnapScan. Financial terms have not been disclosed.
© Finextra Research 2019