07/03/2020
Revolut launches rainbow card to mark Pride celebrations
Last year, Revolut made 30,000 rainbow cards available to customers in the UK and Europe, which sold out in less than 24 hours.
Retail Banking
07/03/2020
SoftBank-Backed OPay Pauses Ride-Hailing, Logistics Services In Nigeria
OPay is backed by SoftBank and China’s Meituan Dianping.
07/03/2020
Major Eurozone banks start the implementation phase of a new unified payment scheme and solution, the European Payment Initiative (EPI)
EPI’s objective is to offer a digital payment solution that can be used anywhere in Europe and to supersede the fragmented landscape that currently still exists.
07/02/2020
TSB and Quilter live with Iress’ platform to connect brokers with lenders
In bringing on board both sides of the value equation, we’re a huge step closer to achieving this goal.
07/01/2020
Wirecard Complies with MAS Directions to Keep Customer Funds in Banks in Singapore
Wirecard has informed MAS that it is assessing its ability to continue providing its services in Singapore in light of the filing for insolvency in Germany by its parent company Wirecard AG.
07/01/2020
TransferWise to offer investment products but has ‘no plans’ to become a bank
The new offering is still in development and will launch “in the next 12 months.
06/30/2020
Burgan Bank launches its WhatsApp service
The WhatsApp service is among the quickest interactive and easy-to-use platform that aims to reach out to a wide customer base.
06/30/2020
JCB expands its merchant network with 3C Payment in Spain
Spain is a key market for JCB's expansion and this collaboration could be introduced to the other European markets, so we have strategically chosen to partner with 3C Payment because of its ability to provide broad-coverage payment solutions in the T
06/29/2020
Legacy banks launch speed boats as digital banking goes global
The pandemic has seen an unprecedented move to online banking, with banks likely to ‘sell’ online products in the future, much as Amazon does
06/29/2020
AmBank Group recognised as nation’s best mobile banking and wealth management experience
Customer preference has shifted definitively from desktop computers to the mobile phone to access online services.
06/28/2020
PH once again the Pirate’s Cove of the financial world
The self-righteous attitude of supporters of the electronics payment firm — including the press — as well as the business elite’s prickliness about outside scrutiny combined to produce a very German failure
06/26/2020
Access Bank excites SMEs with digital cashflow lending
According to him, in order to deliver on its promise to continually give customers more, the bank developed the efficient digital lending platform which will make loan application more convenient with flexible collateral, favourable interest rates, applic
06/26/2020
Wirecard, the disgraced German payments firm backed by SoftBank, files for insolvency over €1.3B in loans coming due
It also said it hopes to restructure under temporary bankruptcy measures, and in the meantime Wirecard Bank AG would not be part of proceedings.
06/25/2020
Impact Of Technology On Banking Sector
Companies are known to utilize loans to perform immediate hiring practices to build for future demand and expansion strategies.
06/25/2020
Embattled payments firm Wirecard collapses into insolvency
Over the weekend, banks in the Philippines said documents produced by Wirecard appeared to be false, and the country’s central bank also said the money had never entered its financial system.
06/25/2020
There is more to digital payments in Africa than M-Pesa
Alongside this, mobile money payments have exploded, with the monthly value of transactions increasing 25 times over between 2010 and 2018.
06/24/2020
FAB launches eSign technology for secure digital signatures on client documents
FAB eSign allows authorised signers to digitally sign documents anywhere, anytime
06/18/2020
Fidelity Bank Ghana: Changing the Banking Status QUO in Ghana Through Innovation
As one of the best banks in Ghana, Fidelity Bank has instituted a set of emergency measures to cushion customers and also to support the Government of Ghana as the battle to defeat COVID-19 wages.
06/16/2020
Collas Crill Shares Expertise on Fintech in the Financial Technology Law Review
Each year The Law Review, commissioners of the publication, look to widely respected firms and experienced practitioners worldwide to provide local insight on the law surrounding FinTech and how it is applied.
06/12/2020
Xiaomi’s Airstar Bank Debuts as Hong Kong’s Second Virtual Bank
Airstar Bank is owned 90% by Xiaomi and 10% by Hong Kong-based investment banking firm AMTD Group. The bank won a license in May 2019 and started a pilot run in March.