Managers of Wealth Fintech

UK consumers question sustainability of challenger banks

Digital challengers like Monzo and Revolut have introduced new features this year to convince customers to claw back some of their losses.

"FinTech for an Inclusive Society and a Sustainable Planet" - Remarks by Mr Ravi Menon, Managing Director, MAS

MAS is keen to partner other central banks in the region to expand the linkage, so that more people across Southeast Asia can benefit.

What Mastercard’s fintech deals say about payments

Mastercard’s slew of new Asian fintech partnerships illuminates how it is positioning itself in the region.

Nutmeg joins Starling Marketplace

Two of the UK's most prominent fintechs are coming together as digital bank Starling adds robo-adviser Nutmeg to its marketplace.

Commercial Bank of Dubai Recognized with Best Commercial Bank and Best Digital Transformation Awards by MEA Finance

The MEA Finance Awards honors banking and financial institutions from across the Middle East and Africa region for their excellence in creating robust financial systems through innovation and digital transformation as well as advancing the overall industr

Finastra to give customers access to CLSNet

A large number of market participants currently manage the bilateral settlement process via email.

Singapore gives non-banks access to e-payment platforms

Monetary Authority of Singapore will allow eligible non-bank financial institutions to have direct access to PayNow and FAST, enabling e-wallet users to make funds transfers between bank accounts and across different e-wallets.

Chip launched a high-yield savings account to boost engagement

England (BoE) reduced its base rate to a historic low of 0.1% in March 2020 and has maintained it since, due to adverse macroeconomic conditions.

EPI: The European Payments Initiative

The solution aims to become a new standard in payments for European consumers and merchants across all types of retail transactions including in-store, online, cash withdrawal and “peer-to-peer”, as an alternative to existing international pay

The evolving European payments landscape

As a result, the overall payments landscape now looks dramatically different to times gone by.

Revolut Singapore Looks to Fill Ranks

The company is also seeking interns, to join its compliance, growth and operations teams for a 10-week program. Applications close on November 30.

YES Bank implements SMS Pay functionality on POS terminals

SMS Pay is a step towards facilitating merchants to accept remote payments on their POS machines and enabling their customers to transact safely from the comfort of their homes.

SA Reserve Bank warns consumers about using EFT online payments

Instant EFT payments use a method called ‘screen scraping’, which makes it possible for third parties to access bank account data and automate actions on behalf of a consumer using that consumer’s online banking access credentials.

Entersekt and Cellulant Partner to Deliver Safer Mobile Banking Solutions

Pan-African fintech giant already working on deployments with institutional customers

Standard Bank Instant Money extends cash out points to 15,000 retail locations

This sought-after service is particularly in demand at month-end, during long weekends, school breaks and holiday periods.

Advanzia Bank taps Backbase to release three new mobile apps

This provides the foundation to design and create mobile and web-based solutions through unified APIs.

QIB wins 3 awards at ‘The Digital Banker’s Global Retail Banking Innovation Awards 2020’

QIB has recently announced the results for the nine months’ period ended September 30, 2020.

Regtech Identitii taps BW Equities for placement

Identitii had BW Equities at hand to help in its effort to snare about $4 million in fresh equity via a placement of new shares.

UnionPay Partners with Abu Dhabi Islamic Bank to Enable Contactless Payment on 15,000 Terminals throughout UAE

The payment services available include UnionPay contactless payment through UnionPay chip cards and Mobile QuickPass payment interfaces such as Apple Pay, Huawei Pay.

Nigerian fintech receives private equity boost

The company expanded into Ghana in 2019 and the new funding will support new operations in Ivory Coast, Kenya, Tanzania and South Africa in the next two years, as well as new product development.