11/04/2019
UOB Launches QR-Based Payment Collection Solution
Businesses can provide their customers with a QR code generated by mCollect which can be scanned to make payment which then leads to immediate crediting and automatic reconciliation.
Retail Banking
11/04/2019
Noor Bank, Smart Dubai explore latest innovations in banking
The Noor Business Council offers a prominent platform for exchanging insights and expertise on the matter, and we are delighted to be part of that conversation.”
11/04/2019
Warba Bank launches unique digital service
"Our Digital factory, Al Wateen, continues to deliver remarkable digital services that cater to customers’ needs in their various walks of life."
11/04/2019
Santander snaps up majority stake in UK fintech Ebury for £350m
The global lender said Ebury will use £70m of the investment to enter new markets in Latin America and Asia.
11/01/2019
Nets makes changes to the Executive Committee
To enable the next phase of the strategic journey, Nets now brings new competencies into the Executive Committee.
10/30/2019
How bank tech must change for the future of payments
U.S. Bank, JPMorgan Chase, Citigroup and Wells Fargo have moved the dial on this trend, establishing data-sharing pacts with various fintechs providing
10/30/2019
ADGM's FinTech digital lab opens for member applications
The ADGM Digital Lab recognises that one of the biggest challenges financial institutions encounter in their ability to embrace innovation is the process of searching for, on-boarding and thereafter integrating their legacy systems with novel solutions of
10/30/2019
Ithmaar Bank launches WhatsApp chat service
Customers will be able to request for information about Ithmaar Bank products and services
10/29/2019
World Retail Banking Report 2019: Inventive Banking is Key to Maximizing Banks’ Strongholds and Delivering Exceptional Last-Mile Customer Experiences
Banks must collaborate with start-ups to remain relevant as the financial ecosystem evolves from ‘Open Banking1’ to ‘Open X2’
10/28/2019
Mastercard Launches Accelerate to Supercharge Fintech Success
Program simplifies experience for fintechs worldwide; drives digital innovation, provides countless ways to transform lives and economies
10/25/2019
Standard Bank: Scores of customers hit by technical glitch
Standard Bank had something of a technical hiccup on Thursday, as the company faced a desperate scramble to fix issues with mobile and online features.
10/24/2019
Standard Chartered Brings Real-Time Onboarding to the UAE for the First Time
Standard Chartered is now the first bank in the UAE to provide clients with instant digital credit cards.
10/24/2019
Kenyan bank mulls partnership with Chinese fintech firms
Early this year before the merger, NIC Bank Kenya began making locally available the Chinese yuan currency to its customers.
10/23/2019
Airtel And Ecobank Announce Partnership On Mobile Money
The partnership will also allow Ecobank corporate account holders to make bulk disbursements, such as payroll payments, directly into Airtel Money customer wallets.
10/22/2019
Interview: London-based $3.5bln TransferWise CEO optimistic on new UAE presence
TransferWise is a rare profitable fintech firm with no current plans for an IPO, its CEO told Zawya
10/22/2019
Cards And Payments Market to See Huge Growth by 2025
To overcome competition, players constantly make R&D expenses and to better evaluate uncertain growth scenario of market players
10/21/2019
Investors Bank Selects ODX Platform to Begin Digitizing Small Business Lending
"By leveraging the innovative and proven ODX platform, we can rapidly expand our digital capabilities and streamline our small business loan origination process."
10/17/2019
Bank of Baroda enters into partnership with Paisabazaar.com
Bank of Baroda presently offers home loans linked to repo rate with rates starting @ 8.10%. As on 31st March 2019
10/17/2019
Mobile users drive deposit growth at Bank of America
The bank confirmed it had 28.7 million active mobile banking users, up 10% from the same period last year.
10/17/2019
Efma and Accenture Announce Winners of Customer Insight & Growth Banking Innovation Awards
The winners were selected by a panel of judges comprising senior retail bankers from around the world and by Efma members and non-members from retail institutions who voted online.