Managers of Wealth Fintech

Zelle shuts down standalone P2P payments app

As a result, last year, the decision was made to phase out the Zelle app by March and it is now no longer available.

Beyond first-mover advantage: A sustainable model for virtual banks in Thailand

Designed to enhance accessibility, convenience, and affordability, virtual banks offer a scalable solution to modern banking needs.

Experts warn of the new sophisticate Crocodilus mobile banking Trojan

The new threat mimics modern banking malware, using overlay attacks, keylogging, and remote access.

Mobile banking, e-wallets drive 12% growth in Pakistan digital payments

Retail transactions witnessed an 11% increase in volume from Oct. till Dec. 2024, with digital channels processing 88% of transactions

Bank of America unveils new mobile banking app with loan applications built in

The bank has 29 million mobile clients.

Quilter Cheviot launches new client app and portal

Replacing legacy versions, both the app and the portal have been designed to help improve client experience

Sweden’s Vilja Enters Vietnam to Support Digital Banking Growth

Vilja is one of 15 globally recognised cloud-native core banking platforms listed by Celent, Gartner Magic Quadrant, and IDC.

60% of bank clients use mobile, internet banking: MFSA study

The study looked at 2022 and 2023 data

Cash App integrates with Afterpay for BNPL at the checkout

Cash App has joined with Afterpay to offer buy now, pay later services at online merchants.

Endowus Strengthens Security with Twilio Amid Rising Fraud Concerns

The implementation has yielded positive results, with Endowus reporting a 98% verification conversion rate via WhatsApp and a 96% overall conversion rate.

Tap to Phone Adoption Grows 320% in the UK, Significantly Exceeding Global Average, Visa Reveals

With over 18.3 billion contactless payments made in the UK in 2023 alone, it’s clear that consumers love to tap.

8 important mobile banking alerts to set up today

Setting up notifications in your bank’s mobile app offers several benefits.

Marqeta acquires TransactPay to boost UK & European card services

This acquisition will significantly enhance Marqeta’s ability to manage card programs in the UK and Europe.

CTBC Bank Philippines taps Hitachi Asia to upgrade its digital corporate banking platform

The bank adds that the new platform also provides “access to a wide range of payment channels for local and global transactions”, such as InstaPay, PesoNet, BancNet, RTGS, and Swift, among others.

Verifone and PopID partner to drive adoption of biometric payments

With millions of new and existing payment devices in the United States and globally, Verifone is key to driving global acceptance of biometric transactions

Salad Money launches Payit by NatWest

The accreditation enabled Salad Money to directly access applicants’ Open Banking data, with their consent, without needing to rely on a licensed third-party provider.

UK Gov Digital Service tenders contract to embed open banking in Gov.UK Pay

Currently used by 1,228 services across 440 organisations, it has processed about 100 million transactions with a combined value of £6.4 billion (just over $8bn) since 2016.

Lili Launches International Payments

Lili’s international wire payments solution will enable its small business customers to both receive and send international payments

Tribe Payments Joins Singapore FinTech Association, With Plans to Expand Footprint Across APAC

With the APAC digital payments market poised for further growth

Ant International opens first Middle East office in Saudi

Ant International operates in 200 markets worldwide, serving 90 million merchants with its financial and digital solutions.

Mobile Banking