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Citi and Bank of Shanghai Launch First-of-Its-Kind Payments Solution for International Travelers in China

Fintech Finance

Citi (NYSE: C) and Bank of Shanghai launched a first-of-its-kind payments solution on Bank of Shanghai ’s TourCard. The innovation helps enable travelers to add funds to their TourCard digital account with Bank of Shanghai from another source, helping to make the payment experience smoother when settling expenses locally.

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DBS Banking Masterstroke Coming to an End Under Piyush Gupta

Fintech News

This Friday, March 28, 2025, marks the end of an era for DBS Bank as Piyush Gupta steps down after an extraordinary 16-year tenure as Chief Executive Officer. During his tenure, he turned DBS from a traditional lender into a globally recognised powerhouse of digital banking. His leadership has been nothing short of transformative.

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2024 Payment Methods Report: Overview, Insights, and Statistics

Clearly Payments

America Biometric Payments 2 Global, especially mobile-first markets Cash Payments 5 Emerging Markets, some developed regions Central Bank Digital Currencies (CBDCs) 1 Asia, Caribbean Credit Cards Overview : Credit cards allow consumers to make purchases on credit, paying later and often with interest.

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Bank of England accused of 'blundering' to security disaster as hundreds of laptops go missing

Finextra

Home News Security Bank of England accused of 'blundering' to security disaster as hundreds of laptops go missing Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Meanwhile, 109 mobile phones went missing worth an estimated £1737.

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The battle for merchant deposits: How the fintech sector is challenging banks’ core business

The Payments Association

How fintechs are challenging traditional banks in the merchant services space, posing a threat to banks’ core business and revenue streams. The shift driven by fintechs could erode banks’ dominance, forcing them to modernise or risk losing a significant share of the market. Why is it important? What’s next?

FinTech 88
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Cloud Banking Next Step In FI Modernization

PYMNTS

The future of real-time payments is tied closely to cloud banking, and as more FIs migrate in that direction, the manifold benefits of real-time payments are propagating beyond the biggest players. The first is improved speed, shown by the adoption of cloud technology from global payments network SWIFT. Adaptability and Scalability.

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In Conversation With Emirates NBD: Embracing AI, Blockchain and Quantum for Digital Transformation

The Fintech Times

As banking becomes more digitally-focused, it is becoming critically important for banks across the globe to embrace digital transformation, implementing more intelligent and embedded systems into their operations. It is about reimagining the core of banking – how a bank runs, scales and adapts – not just its interfaces.

AI 91