10/05/2020
New virtual banks hit by glitches
A Mox spokesman said e-statement services have returned to normal the same night, and the company has strengthened the accuracy of the function in the background process.
Innovation & Startups
10/05/2020
Connecting people with finance: new digital core in banks (By Vincent Chen)
In this environment, traditional bank services – from deposits and loans to remittances – are quickly evolving to include payment and investment services.
10/05/2020
The fintech sector made up 35% of Millionaire West African Startups in the last decade
Interestingly, despite fintech companies having the highest number of Millionaire West African Startups, online retail companies raised the most funds.
10/05/2020
Aberdeen seeks new steam age with innovation fund launch
The company said the mandate would invest outside the obvious candidates of tech.
10/05/2020
Four ways to automate your business and avoid lockdown frustration with Cloud
All tasks and costs need to yield a higher ROI than ever before.
10/05/2020
CREALOGIX and Solo.io partner to deliver a secure digital banking platform on the cloud
The partnership between CREALOGIX and Solo.io started during the extended validation phase as they worked together to add financial industry specific functionality to Gloo.
10/04/2020
15 Lagos Computer village firms in N1.2bn suspicious transactions
The FinCEN files say the transactions involved unidentified entities or individuals located in or banking in high risk jurisdictions.
10/04/2020
Banks reinvent, strive during pandemic
Banks have taken different measures according to the severity and length of the coronavirus outbreak. In South Korea, Shinhan, Woori and KB Kookmin shortened their branch service hours in certain provinces.
10/04/2020
Singapore launches a facial verification system such as DNI
The goal is to make the experience easier and faster; Instead of memorizing and entering a password, the test scans the person’s face and compares it with its database.
10/02/2020
Banking-as-a-Service Startup to Expand in Singapore
The company said it is also planning to launch other financial solutions this year that will cover verticals such as SME finance, green finance, Islamic finance, and supply chain finance.
10/02/2020
Investment advisor Quin raises EUR1m
QUIN provides people willing to invest in the long-term with a simple, rational and secure investment advice platform.
10/02/2020
DLA Piper advises Acesso Digital Tecnologia da Informação in its R$580 million Series B financing
The round was led by General Atlantic and SoftBank.
10/02/2020
Swiss Tech Firm Quietly Advances in Niche
The start-up benefited from an era of cost-cutting in Switzerland's banking industry.
10/02/2020
Oracle building major cloud data centres in the UAE, Saudi Arabia
As Oracle opens its new cloud region in Dubai, the company’s regional head, Abdul Rahman Al Thehaiban, explains why the cloud plays a key role in the current crisis
10/02/2020
Bridging the Digital Gap: Why Banking Transformation is a Binary Decision
Competition in global banking is intensifying. Unencumbered by legacy technology, fintechs and neobanks offer a tech-first approach to banking.
10/02/2020
First Independence Bank selects suite of Finastra solutions to grow its retail business
Detroit-area bank will appeal to a younger customer base through the implementation of Finastra's Fusion Phoenix core, Fusion Digital Banking and other solutions
10/02/2020
How Covid-19 has injected new life into the fintech sector
The coronavirus pandemic has forced the hands of many companies when it comes to their use of technology and, in doing so, it has reignited the fintech revolution.
10/01/2020
Egypt: fintech, e-commerce and telehealth secures top funding in Q3
Investors are not interested in sectors impacted by COVID-19.
10/01/2020
Client is king: How two US banks optimise tech execution
Pointing to the technical areas banks can work on in order to improve execution, Frazier explains how the use of innovation and technology to build stronger relationships with customers is one of the most exciting aspects of the financial services industr
10/01/2020
Schroders Personal Wealth and Artesian Solutions Partnership Reimagines Wealth Management
The partnership announcement follows a joint webinar held by Artesian and Schroders during which it was uncovered that whilst COVID-19 understandably remains top of mind for many business leaders, it’s not the biggest trend impacting wealth manageme