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.
Retail Banking
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.
09/02/2019
Africa's Biggest Bank Targets Small Shops in Fintech Deal
Using Nomanini technology, Standard Bank will collect and analyse data on the retailers.
08/30/2019
Visa CEO says region’s cash-reliant days are numbered
Number of payment cards in MEA is predicted to reach 910 million by 2021
08/30/2019
The European race to provide real-time payments
As financial services players consider their options for instant payments, reachability will be key.
08/29/2019
Why private label banking apps and products are on the rise
Businesses looking to develop new offerings and product functionalities can now easily outsource entire technology stacks and tedious regulatory administration.
08/26/2019
Banks told to tighten security after payments data breach
The attack is the second breach of the PayID system since June and has experts asking why extra protections were not in place to prevent it from happening again.
08/26/2019
Credit Suisse to shift focus from branches to digital banking
The Zurich-based bank is creating a new business area, called Direct Banking, for retail and commercial clients, starting on Sept. 1
08/23/2019
German bank backed by Peter Thiel launches in US
N26, which has no physical bank branches, has a $3.5 billion valuation.
08/22/2019
Gulf Bank introduces selfpay and e-loans to its online and mobile banking services
The shared link, which can be sent via SMS and email, is valid for 24 hours and allows users to track the status and history of their payments with ease.
08/21/2019
How automation and predictive analytics helps banks wow customers
Two technologies that seem to be making the biggest impact in banking organizations across the globe are automation and predictive analytics.
08/20/2019
Bidaya Finance wins four digital banking awards
In the Kingdom of Saudi Arabia, home ownership for all citizens is a key goal of Vision 2030 and at Bidaya
08/20/2019
ENBD, DIFC certify 5 startups in API Sandbox program
This even paves the way for inclusion of government partnerships with banks and FinTechs.
08/16/2019
RCBC leads the way to open banking in the country
To get all these and other “perks”, most financial institutions would require one to become their preferred client.
08/15/2019
Banks Tap FinTechs For Remittance Overhaul
A group of Nordic banks have selected Mastercard to overhaul its financial services operations for the region.
08/15/2019
Latin American banks can now use crypto for cross-border payments
The integration of Bitex into Bantotal program represents a major step in the breakthrough of blockchain technology in banking.”
08/15/2019
Malta: Payment Services Directive To Be Transposed Into Maltese Law
One of the main amendments is the introduction of Third-Party Providers (TPPs)
08/15/2019
Virtual Bank Aims to be Primary Account Engine Behind Fintech Brands
Fintechs love to be disruptive and love to be in industries that can be disrupted,” says veteran banker Michael Butler, President and CEO in a CNBC interview.