06/05/2019
Lesotho plays e-commerce catchup with National Payments Switch plan
The Central Bank of Lesotho is now governing the process to develop and operate a switch, and has issued a formal notice inviting bids for design.
Retail Banking
05/31/2019
CWG seals ‘ATM as a service’ implementations with banks
CWG is driving the ATM as a Service concept in Nigeria
05/30/2019
National Bank of Bahrain joins fintech talent programme
NBB is among the Founding Partners of Bahrain Fintech Bay and is actively involving its management and staff in initiatives being rolled out to support the growth and acceleration of the Kingdom’s fintech ecosystem
05/30/2019
HSBC senior appointment to help Channel Islands and Isle of Man businesses with digital cash management
Benjamin has been in the banking industry for over a decade
05/29/2019
Alibaba Plans Bumper $20 Billion HK Listing to Boost Investment War Chest: Sources
Last week, Chinese chipmaker SMIC said it was delisting its New York shares in favor of focusing on its Hong Kong listing.
05/29/2019
Mashreq launches banking services on WhatsApp
Current and potential customers can interact and transact instantly with Mashreq, through WhatsApp's instant messaging services
05/27/2019
SA tech sector faces challenges
In 2019, fintech will likely remain the most popular tech sector for investment in Africa, with health-tech, mobility and agritech also attracting investment.
05/23/2019
HSBC opens London and Toronto data and innovation labs
The opening of the new sites is also designed to coincide with the launch of the bank’s internship and graduate programmes, in which students and young professionals are introduced to careers in data science and engineering.
05/23/2019
Open Banking hobbled by outages
In total, there were 159 outages during the first quarter and banks are not fixing problems quickly, with an average service down time of six weeks.
05/22/2019
MUFG eager to extend checkbook to high growth US tech
Bank seeks big returns from pre-IPO and mid-cap companies as home market stalls
05/22/2019
The Challenges Associated with RegTech
RegTech promises cost-efficient regulatory compliance, but there are challenges that must be addressed to maximize its potential
05/20/2019
Ecobank Ghana to leverage digital platform to promote cash-lite agenda
“Our range of products and services meet the day-to-day banking, financing, investment and transactional needs of our customers."
05/17/2019
NBB forges ahead with open banking in Bahrain
The bank says the move reflects is commitment to transform and diversify its business through investment in digital infrastructure and services.
05/17/2019
Desmarais-backed venture fund aims to make Koho leader in banking as Wealthsimple is in investing
Portag3 led $42-million funding round for alternative banker
05/16/2019
NBK wins global best innovation for real time payment tracker
Global Finance Magazine’s annual survey
05/16/2019
United Overseas Bank: Plotting the Coordinates on the Road to Digital Banking in ASEAN
The message is that we must all evolve in order to survive and to compete, and that is certainly true in banking.”
05/15/2019
WoodmenLife Selects SS&C to Streamline Loan Administration and Accounting
SS&C continues to grow client base of commercial lenders and servicers with addition of leading Omaha-based life insurance company
05/10/2019
Prince Lorenzo de’ Medici launches new digital bank Medici Bank
The new bank will offer support for both traditional and cryptocurrency businesses as long as they follow due diligence and know-your-customer processes.
05/09/2019
Major banks tap into fintech space in battle for market share
The changes were also driven by the second Electronic Money Directive which allows financial technology firms to register as e-money issuers.
05/09/2019
Robo Adds Direct Indexing SMA Platform for Advisors
OpenInvest’s Optimus platform is designed for advisors who want to differentiate their businesses by providing customized, ESG-responsive portfolios, says co-founder Josh Levin.