ZA Bank today announced the launch of StockBack, an innovative stock rebate programme that allows users to get a free lucky draw of big-name US stocks after each successful stock purchase transaction. The move sets a precedent in the local banking industry where users can get “stockback” from every stock purchase for the first time in Hong Kong.

SkySparc, a leading corporate and financial institutions solutions provider, has appointed industry stalwart Jeff Struzenski as its new Managing Director, SkySparc Americas, to help augment enterprise liquidity management processes across the financial operations of the region’s corporates and banks. Positioned at the nexus of treasury consulting, optimization, platform integration, and AI, SkySparc aims to empower finance leaders by implementing agile, data-driven financial decision-making.

Advancements in technology and the finance system present a key moment where financial institutions can reshape resilience, reshape agility, and reshape intelligence. These three factors are key to facing future uncertainties and facilitating the transformation of the financial industry.

Leading payment provider and carrier billing specialist, DIMOCO Payments, strengthens its partnership with Telekom, a leading Mobile Network Operator in Germany, by providing carrier billing services to their online shop in collaboration with Brodos. 

With the DIMOCO Payments Agent Model, Telekom and Brodos can accept carrier billing payments for physical goods. This next step will allow customers to make friction-free purchases on a wide range of white goods and other products. 

JCB, with the support of Worldline, a global leader in payment services, has launched a new whitepaper aimed at empowering European merchants to explore the opportunities and tackle challenges surrounding frictionless payments. Merchants will be able to benefit from improved customer loyalty and, ultimately, revenue by applying some of the practical steps listed, within this guide.

The Monetary Authority of Singapore today announced that it will commit an additional S$100 million under the Financial Sector Technology and Innovation Grant Scheme to support financial institutions in building capabilities in quantum and artificial intelligence (AI) technologies, as well as enable the advancement of quantum and AI related innovation and adoption in financial services.

Catalysing the development of quantum capabilities in the financial industry

Wakanow.com, one of Africa’s largest travel sellers, offers a one-stop-shop booking portal. The company helps travelers research, plan and book attractive trips including air, accommodation, transfers and holiday packages.    

The Ajman Transport Authority from the UAE has partnered with BPC, a global leader in payment solutions, to become the first authority in the UAE to implement modern payments technology on public transport buses, enhancing smart services within the transportation sector, through introduction of O-CITY, a solution for Smart Cities’ and mobility developed by BPC. 

TIFIN, a leading AI and innovation platform for wealth, makes its international debut with the launch of TIFIN India. The launch of TIFIN India represents an important milestone in TIFIN's vision to take its expertise in both direct-to-consumer (DTC) and business-to-business (B2B) AI for wealth applications to global markets.