Managers of Wealth Fintech

CIBC launches digital application for new immigrants

Through an innovative 'two for one' application, newcomers to the country can now apply for two financial products by submitting only one online digital application.

Visa partners with MoMo, VNPAY, and ZaloPay to enhance digital payments in Vietnam

This partnership will allow Visa cardholders to use their Visa cards as a source of funds when making purchases at merchants currently accepting payments via the three e-wallets’ QR codes.

OUCU Financial Credit Union to migrate to Tyfone’s nFinia digital banking platform

At the same time, the credit union is also making use of Tyfone’s loan payment deferral solution Skip-a-Pay as well as its loan repayment solution Quick Pay to provide members with “financial relief and added convenience”.

Real-Time Transactions and Regulations Continue to Shape Payments

Instant payments, pay-by-bank, digital wallets, artificial intelligence and tokenization all have been pushed forward from the supply side.

Raqami Islamic Digital Bank and 1LINK form partnership

The signing ceremony took place at the 1LINK Office in Park Towers, Karachi and was attended by the senior management of both organizations, symbolizing their dedication to innovation with excellence.

Synctera launches Bring-you-own-Bank

Interestingly, the underlying needs remain the same - foundational technology that enables everyone to work together in a profitable, safe and compliant way.

Privat 3 Money opens multi-currency accounts

This innovation simplifies national and international transactions, eliminating the need for multiple accounts and reducing foreign exchange complexities.

Iraqi Fintech ZainCash goes live with Temenos core banking and payments to scale digital payment services

Temenos platform will enable leading Iraqi digital payment provider to scale rapidly, launch new products faster and drive financial inclusion

Payments fintech Vitesse raises $93m Series C funding to fuel US expansion efforts

The round also saw participation from German venture capital firm Hannover Digital Investments and other existing investors.

The Best Banks in Asia 2024, Ranked by Forbes

For its fifth annual ranking, Forbes collaborated with market research firm Statista, which surveyed over 49,000 people in 33 countries in 17 different languages.

Cuckoo renews relationship with GoCardless for direct debits

The GoCardless collaboration continues a list of customer-centric milestones from Cuckoo, with the broadband provider already integrating customers onto the revolutionary customer service platform Kraken.

Burgan Bank Selects TCS BaNCS to Transform its Core Banking

Tata Consultancy Services will help the bank redefine customer experience and create a modern core banking solution that strengthens the bank’s position as a pioneer of progressive banking in the region

Kudos raises $10.2m for AI-powered smart wallet

Since its seed funding round, Kudos has grown its member base to over 200,000 registered users and increased its annualized checkout Gross Merchandise Value to $200 million.

Goldman Sachs Seeks Private Equity Credit Lines Growth

The investment bank’s new portfolio includes loans to core areas of its client base

HSBC taps Ember to give small business customers financial insights

My Business Finances can produce real-time profit and loss, self-assessment tax and available dividends reports, enabling business owners to make smarter decisions.

Standard Chartered pilots carbon credit tokenisation in Hong Kong with Mastercard, Mox Bank and Libeara

Once a request was received, Libeara tapped Mastercard’s multi-token network (MTN) to tokenise the deposit submitted by Mox, which facilitated the atomic swap for the transaction.

Infosys & First Abu Dhabi Bank to modernize its banking infrastructure services

Infosys will help integrate a suite of enterprise tools to drive significant improvements in FAB’s service quality, risk reduction, and business outcomes.

4 Cloud-based Banking platforms driving transformation in Europe

These cloud-based solutions provide a secure and compliant environment, ensuring data privacy and protection while facilitating seamless banking experiences for customers.

Pagos unveils AI-based payments tool for commerce businesses

Commerce businesses of all sizes can benefit from the streamlined payments analysis available via a simple conversation with Pagos Copilot.

What are the strengths, weaknesses and concerns around open banking?

At Omdia, we’ve done a lot of work examining participants in the sector that are finding use cases that offer a compelling revenue model.

Retail Banking