Managers of Wealth Fintech

UK fintech GoCardless raises $95m funding

Funding round led by Bain Capital Ventures will fuel open banking strategy, accelerating delivery of next-generation bank-to-bank payments

French fintech firm Lydia raises $86 million

Amit Jhawar, former general manager of PayPal’s mobile app Venmo and Accel venture partner, will join Lydia’s board.

Kenya-based fintech wins 2020 AFI Inclusive Fintech Showcase

The showcase is an initiative operating under the 2018 Sochi Accord with AFI’s membership that aims to participate in systemic dialogue-driven platforms and partnerships with fintech firms and technology providers that regulate policies.

Banco Sabadell lets biz customers make payments from accounts with other banks

This is not the first Open Banking move by Sabadell, which has been letting customers aggregate accounts held with other financial institutions since April.

UK Supreme Court paves the way for £14 billion Mastercard class action

The judgment, upholding a Court of Appeal decision last year, could set the scene for Britain’s first mass consumer claim brought under the new legal regime.

FIS rolls out token management service

FIS will also enable Click to Pay with Visa, which provides online shoppers with a smarter, streamlined checkout experience.

Bank of America launches cross-border payments tracker with Swift gpi

The CashPro enhancements coincide with an expansion of Bank of America’s SWIFT gpi international coverage supporting 140+ currencies worldwide.

Bank of England warns of Brexit payment disruption

To the extent that gaps remain at the end of the transition period, they are likely to result in some disruption to both EU and UK customers and businesses seeking to make and receive such payments.

African Banks Perfectly Poised to Benefit from Chat Commerce

Clickatell believes banks, particularly in the emerging markets, can increase their reach by a factor of three if they implement chat

Is 'buy now, pay later' the future for Gulf digital payments?

Fintech provider Tabby wins $23m funding to grow its 'instant credit' network

Virgin Money South Africa is now Spot Money – A new open banking platform

A few months after the app’s launch, Virgin Money released a new version of Spot that was built on blockchain technology.

Standard Bank goes live on Traydstream platform

Traydstream digitises documents such as the Letter of Credit, Foreign Bills of Collections and Open Account Trade Finance.

Revolut unveils Pockets money management feature

Customers can automatically put money aside for bills by setting up recurring funding on payday into their Pockets, so their bills money is automatically set aside, leaving their balance free to spend or save.

Glint becomes UK card issuer

Customers can use Glint's secure app to instantly buy, sell, save, spend and share their physical gold and other currencies.

Gulf cyber threat grows as region embraces cashless payments

With 2020 seeing an acceleration in the shift to electronic banking and payments, cybersecurity has taken on unprecedented importance

UK consumers question sustainability of challenger banks

Digital challengers like Monzo and Revolut have introduced new features this year to convince customers to claw back some of their losses.

"FinTech for an Inclusive Society and a Sustainable Planet" - Remarks by Mr Ravi Menon, Managing Director, MAS

MAS is keen to partner other central banks in the region to expand the linkage, so that more people across Southeast Asia can benefit.

What Mastercard’s fintech deals say about payments

Mastercard’s slew of new Asian fintech partnerships illuminates how it is positioning itself in the region.

Nutmeg joins Starling Marketplace

Two of the UK's most prominent fintechs are coming together as digital bank Starling adds robo-adviser Nutmeg to its marketplace.

Commercial Bank of Dubai Recognized with Best Commercial Bank and Best Digital Transformation Awards by MEA Finance

The MEA Finance Awards honors banking and financial institutions from across the Middle East and Africa region for their excellence in creating robust financial systems through innovation and digital transformation as well as advancing the overall industr

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