12/11/2019
HSBC signs global partnership with London-based startup Bud
Bud, a four-year-old fintech, provides a suite of digital tools built to help banks create innovative services using Open Banking and AI.
Retail Banking
12/10/2019
Fintech service provider QPAY joins the QFC platform
Attracting and licensing Fintech companies that offer significant value to local businesses, such as QPAY, is part of the QFC’s initiative in supporting and developing the financial services sector.
12/09/2019
TAG Bill Pay Shortlisted for the 2020 Family Wealth Report Awards
Awards showcase the best in the industry with categories focused on experts, products and services for wealth managers, high-net-worth clients and financial institutions.
12/06/2019
TSB to adopt Iress' Lender Connect technology
Through Lender Connect, mortgage brokers will be able to securely kick start the mortgage application process and place more cases more cost-efficiently with TSB.
12/03/2019
Singapore-based app-lending start-up scores $683m valuation
The app uses customers' personal data and machine learning technologies to determine eligibility.
12/03/2019
Credorax Partners with Raisin to Offer Exclusive Banking Products to German Market
Smart payments provider will enable Raisin customers to access retail deposit offers, creating savings opportunities with higher interest rates
12/03/2019
Reserve Bank of Australia reviews retail payments regulation
The Issues Paper discusses and seeks stakeholder views on a number of potential issues that could be covered by the Review
12/02/2019
QIB awarded for 'best straight-through-processing in payments' by Citibank
The award was given to QIB for conducting international settlement services with an STP rate above 97%.
12/01/2019
UGANDA: Gov’t moves to regulate financial technologies
One of the challenges was that the government had failed to agree on the regulatory responsibility under which Fintechs lie since they intersect between financial services and telecommunications.
11/29/2019
HSBC to use blockchain for $20bn asset-tracking platform
Instead, records of private placement securities stored via Digital Vault will be accessible in real time, and investors can access their investment information in seconds.
11/28/2019
Revolut Enables Direct Debit Payments For UK Clients
Revolut has used Modulr’s application programming interface (API) since 2017.
11/28/2019
UBS veteran set to bridge traditional finance and tokenised securities
Especially the digitalisation of financial and real assets such as debt, equity and real estate, which represent a USD600 billion opportunity, according to The Money Project.
11/27/2019
The Rise of Digital Services Taxes
Governments are coming after online businesses. Multinational clients that provide online advertising services, sell consumer data, or run online intermediary platforms should prepare themselves for the imminent arrival of digital services taxes (DSTs) on
11/27/2019
Buyers’ brief: retail banks look to close tech gap
To keep pace, lenders like Royal Bank of Scotland (RBS) manage and operate several innovation hubs based everywhere from the UK to India and Silicon Valley to Tel Aviv.
11/27/2019
United Africa Blockchain Association laments FNB's crypto decision
The organisation added that the Intergovernmental Fintech Working Group (IFWG) and Crypto Assets Regulatory Working Group (CARW) have provided a roadmap proposed regulation.
11/26/2019
Branchless Banking Coming Soon – Bawumia
Speaking at the 3rd Chamber Business Awards 2018, Dr Bawumia said that, by stating that Ghanaians would be provided with bank accounts, he meant branchless banking.
11/26/2019
Citi introduces features that will change the way its consumers bank in Bahrain
Citi launches four currencies in one Citibank Debit Mastercard with Citibank Global Wallet
11/25/2019
Japanese giant Nomura prepares to back new digital bank
The Japanese bank has a whopper balance sheet and has never really put its back into Australia's SME lending.
11/25/2019
What This Bank’s Gutsy Digital Moves Reveal About the Future of Banking
The two biggest roadblocks keeping traditional banks and credit unions from becoming digital are legacy technology and people issues.
11/25/2019
TSB farrago shows banks need tech know-how on board
Boardrooms full of finance veterans fail to reflect that lenders are now IT machines