09/27/2019
RAKBANK joins forces with navigation app Waze in the UAE
RAKBANK is the first bank in the middle east to explore Waze
Retail Banking
09/26/2019
Satellite technology helps Lloyd’s speed up claims process for nat cat: McKenzie
MIS points to the Lloyd’s Standard using cutting edge technology to better inform insurers on losses more quickly to subsequently help speed up the claims paying process.
09/25/2019
Mashreq and Emirates NBD roll out digital banking for SMEs
NeoBiz and E20. complement the UAE lenders’ branchless offerings and address the challenges faced by new businesses
09/24/2019
Santander launches own digital bank Openbank in Germany
The bank offers German customers a state-of-the-art platform and mobile app, featuring AI and machine learning technology, cloud-based systems and the highest security standards for usability and optimal customer experience.
09/20/2019
Visa B2B Connect Expands to 32 New Countries and Announces Integration with Infosys
Visa B2B Connect helps remove friction and time spent on cross-border corporate payments by facilitating transactions from the bank of origin directly to the beneficiary bank.
09/20/2019
Wells Fargo to Pilot Internal Settlement Service Using Distributed Ledger Technology
Wells Fargo Digital Cash will drive operational efficiencies, including longer operating windows and real-time processing
09/19/2019
Wells Fargo Unveils DLT-Based Cross-Border Transfer Program
The company is said to have successfully tested the concept of money transfers between the United States and Canada.
09/12/2019
Gulf International Bank Wins Eight Awards
GIB’s shariah compliant digital retail bank, meem, scooped six awards and its Global Transaction Banking (GTB) business won two others
09/12/2019
Tech Disruption In Retail Banking: GCC Banks catching up
Technology and industry structure present a moderate risk of disruption.
09/11/2019
Singlish OK for OCBC's new voice-activated service
The new service has helped with more than 20,000 voice requests since Aug 19, said OCBC.
09/11/2019
Exclusive Interview: Sola David-Borha speaks on technological innovation at Standard Bank
Standard Bank is bringing fintech innovation into its fold through a variety of cutting edge investments.
09/11/2019
PayThink Big tech is turning banks into dinosaurs
Banks are not going anywhere.
09/11/2019
Kuda, Nigeria’s First Digital Bank, Secures USD 1.6 Mn In Pre-Series A
Kuda, formerly known as Kudimoney, was founded in 2018.
09/10/2019
‘Ecobank leveraging technology to expand financial inclusion’
He stated that Ecobank had built an ecosystem that leverages digital technology to bring affordable, easy and convenient financial services to the people and businesses.
09/09/2019
GCC banks getting better with tech adoption, S&P says
In the UAE, the number of bank branches has been falling since December 2014
09/06/2019
Kenya bank deploys WhatsApp to boost engagement
In a related article, CapitalFM explained the bank will use WhatsApp to offer services including opening accounts, transfers, loans, paying bills and purchasing goods.
09/06/2019
GTBank adjudged Best Digital Bank of the Year
The Digital Innovation & Excellence Awards recognize and celebrate outstanding achievements and contributions towards the digital transformation of the BFSI sector.
09/04/2019
Robo-adviser to enter mortgage market
OpenMoney will initially target first-time buyers covering the duration of the house buying process
09/03/2019
Ithmaar Bank upgrading systems to further boost customer experience
The new CRM will help us to serve our customers faster, better and smarter,” said Abdul Rahim.
09/03/2019
Nedbank moves its IT into the cloud with Microsoft deal
Nedbank uses Microsoft Azure, Office 365 and Dynamics 365, which include layers of security and data residency to ensure compliance with local regulations.