Managers of Wealth Fintech

Moss selects GoCardless for UK push

Working with GoCardless will also help Moss on the back end.

Flutterwave Tackles Payment Challenges for African Students to Overseas Schools

High transaction costs, limited access to banking services, currency exchange rates and security concerns are just some of the challenges to contend with when making African payments to overseas schools.

How Small Banks Can Seize Tech Opportunities And Compete

I also see smaller banks as more agile and able to more quickly adapt.

Emirates NBD revamps digital bank Liv with new value proposition targeting Gen Now

It is the first digital bank to introduce The Bonus Multiplier Account, with a gamified structure and rewarding customers for their loyalty, giving them a 3% increment on their salaries every month.

American Express Note ‘Uplift’ in SME Owner Confidence for Future; Despite ‘Challenging’ UK Economy

The annual American Express barometer survey of 1,000 UK SME decision-makers found that 35 per cent think running a business has become harder over the last year.

Citi to Pilot Digital Platform for Commercial Banking Clients in Singapore, India, HK

This is part of Citi’s significant strategic investment plan to meet the growing global needs of these clients by delivering a single-entry point digital platform.

Evolve and BT join forces to take pain out of payment processing

By aggregating multiple payment transactions, the acquirer or payment processor is presented with a single interface.

Citi Commercial Bank launches digital client platform

Clients can also digitally open accounts and request new products and services.

VR, AR and the future of payments

As a technology, VR - and with it augmented reality (AR) - is still in its relative infancy.

FOO works with Infinios to deliver digital-first card issuing platform

The Digital First Card Platform is designed to enhance digital offerings for businesses across industries, ultimately improving the end user’s customer experience.

Revolut lost $20 million to criminals exploiting payment loophole

The fault was detected in late 2021 by a partner bank to Revolut in the US, and was corrected in Spring 2022.

BofE taps Nuggets for digital pound privacy layer

Now, the firm is being asked by the central bank to design a private and secure system that prevents the tracking and correlation of transactions, as well as stop fraud and money laundering.

Bank-backed Irish payments app faces more delays

Synch is building a money-transfer app, called Yippay, on behalf of AIB, Bank of Ireland, KBC Ireland and Permanent TSB to help the banks take on the likes of Revolut.

The future of ATMs: adapting to the digital age

Paymentology’s data backs this claim, with the number of ATMs in Europe falling by over 10% since 2016.

Moneyhub and MX Enhance Financial Wellness Through Open Finance

Moneyhub enables European consumers to share data on their terms

Mastercard AI tool helps UK banks take on real-time payment scams

The payments giant has launched its 'Consumer Fraud Risk' technology in the country, using large-scale payments data to help identify scams before funds leave a victim’s account. 

Mach Alliance expands into fintech with PayPal as first member

The move by PayPal represents the expansion of MACH Alliance into the fintech sector and highlights the sector’s readiness for MACH.

Revolut arrives in New Zealand

Revolut hopes that New Zealand will prove fertile ground, noting that a recent survey by Consumer NZ found that almost 40% of Kiwi consumers don’t trust their banks.

E-money accounts outstrip bank current accounts in the UK

With an industry that is lightly regulated and growing in size and significance, and an increase in business failures anticipated due to deteriorating economic conditions, action is needed.

Crowdcube joins new retail investment platform

By joining RetailBook, it means that Crowdcube’s retail investors will be able to participate in IPOs on the same terms as institutional investors.

Retail Banking