Managers of Wealth Fintech

Philippines Digital Banks Face Profit Challenges As New Rivals Loom

Only two of the six original licence holders (Maya Bank and OFBank) are currently profitable, despite offering interest rates.

Central Bank of Egypt launches smartphone-based POS service

By enabling mobile devices to function as payment acceptance points, the central bank aims to widen access to electronic payments

Hnry & Volley launch QR open banking for sole traders

The companies said sole traders would be able to generate a QR code in the Hnry app for clients, who would then scan and approve payments in their bank app.

Australian digital lender in1bank shuts down

All accounts will be closed by 5 February, when the in1bank app will also stop working.

Volante Technologies introduces Multi-cloud Resiliency Service to ensure non-stop payments processing during major cloud outages

Recent large-scale outages across hyperscale cloud providers have demonstrated the real-world impact of cloud concentration risk for banks

The Flows Are Moving in Africa

The fact is that this adoption is scaling outside traditional pipes, through wallets, exchanges, and platform ecosystems.

GCash Lending Arm Adds Free Health Insurance to GLoan Borrowers

The promotion applies to loans of at least PHP 500 with a minimum one-month tenor for verified users aged 21-65.

Ingenico teams with Toshiba on enterprise mobile payments

The partnership reflects a broader shift in retail technology, as grocers and large-format retailers look to reduce checkout friction, manage peak-time congestion and improve staff productivity.

Plans underway to support enhanced mobile services in Jersey

The JCRA has set out plans in a published Draft Spectrum Strategy and is seeking comments and views before finalising them later in the year.

Nationwide taps Moneyhub for spending insights tech

Nationwide, which counts 16 million members in the UK, has opted for Moneyhub's categorisation and enrichment engine.

Monzo bank says issue affecting its mobile app resolved

The company earlier acknowledged an issue affecting its app - telling customers who tried to use it that it would "not be fully functional" while it investigated.

Vietnam Tightens Mobile Banking Security With New Rules

A sweeping set of cybersecurity regulations will soon require banks to block outdated apps and restrict access on modified smartphones, reshaping how millions in Vietnam use digital banking.

“A quantum computer makes it possible to open everything”

How a future quantum breakthrough could retroactively expose today’s banking, medical and state secrets, and why regulators say banks must act now.

StraitsX Completes Apple Pay Certification for Pionex Cards

Pionex users can add cards to Apple Pay directly within the app, expanding mobile wallet support

How Integrating Digital Private Banking and Traditional Finance Can Benefit Investors

Why integrated digital banking services matter now more than ever.

Coop Bank Tanzania unveils CooPesa mobile app

Members can use the app for balance inquiries, bill payments, airtime top ups, and money transfers, among other features.

Xsolla Expands MTN Mobile Money Support to Congo-Brazzaville and Zambia

Mobile money has become a cornerstone of financial infrastructure in the region.

New research shows strong US resistance to cashless payments

The results suggest that while consumers increasingly use cards and digital wallets, they still want access to cash as a reliable and universally accepted form of payment.

Scoop: Palmer Luckey's digital bank valued at over $4 billion

It also secured FDIC approval last week, which is a prerequisite for taking deposits. Expectations are that it will launch next year.

Malaysian Banks Urge Customers to Update Browsers and Mobile Systems

Customers are advised to check supported operating system versions at endoflife.date.