06/11/2019
Digital payments experience soaring popularity in the banking industry: report
Keynote session in progress at the Middle East Banking Innovation Summit 2018
Mobile Banking
06/11/2019
Key factors to consider when selecting a Digital Banking Vendor
The emergence of FinTech has begun to redefine the way customers consume financial services by enabling several innovative business models (think P2P lending, Wallets, and PFM).
06/11/2019
UAE tops Middle East as PoD-friendly technologies provider
A number of banks in the UAE have launched services for PoD to perform normal banking transactions independently without any struggles.
06/11/2019
UniCredit enhances invoicing service with FinDynamic partnership
FinDynamic’s solution allows both the buyer and its suppliers to automatically view invoices through a web-based or mobile platform and select approved invoices for early payment.
06/07/2019
Adyen expands its global payment offering to Africa
This partnership will provide Adyen with further access to a potential addressable consumer base of over 220M who use either debit/credit card, mobile money or mobile banking payment options.
06/07/2019
JP Morgan Shutters Its Mobile Bank App, Finn
Humans would be on hand in branches for more complex financial matters.
06/06/2019
Chinese banks are utilizing 5G technology for their smart branches
A smart bank branch typically utilizes a broad range of financial technology features, including automated smart services, visual identification, biometric identification, voice recognition, procedural automation and even augmented reality.
06/06/2019
Digital payments: Cashless India could be a model for the world
With more than 140 Indian banks sharing the interface, and Alphabet Inc.’s Google and Facebook Inc.’s WhatsApp offering instantaneous payment services on it, UPI has become a keenly watched experiment.
06/06/2019
Why wealth apps get poor marks for client satisfaction
Wealth app users said many advisory mobile platforms have a dated look and feel
06/05/2019
The tech banks are using to boost deposit growth
Banks also are using the lure of high-yield savings accounts to entice consumers to look outside their primary banks for services.
06/05/2019
PalmPay, Visa collaborate to enhance financial inclusion all over Africa
PalmPay disclosed that the application will aid Visa cardholders to make online and mobile payments by linking their card details to their PalmPay profile.
06/05/2019
Judo Bank selects Unifii's digital banking platform
The technical challenges facing banks through the Open Banking initiative, regulatory change and security concerns is something that naturally lend itself to cloud-based technology, said Unifii CEO Stuart Cameron.
06/05/2019
Kenya is mobile cash king but Ghana and Rwanda lead in reach
This means that seven out of every 10 Kenyans are using their mobile phones to access their bank accounts for services to save or get loans coinciding with a change by the lenders and micro-financiers to adopt mobile and digital platforms that cut on oper
06/04/2019
China, India pushing fintech adoption growth: EY
82 per cent said they are aware of peer-to-peer payment systems and non-bank money transfers, according to report.
06/04/2019
Silicon Valley-based payments firm descends on SA
South Africa becomes the ninth African country in which Flutterwave has a presence, following launches in Zambia, Kenya, Tanzania, Cameroon, Ghana, Nigeria, Rwanda and Sierra Leone.
06/03/2019
Philippines’ Digital Lenders Pledge to Weed Out Predatory Behaviour
Under the draft Code, fintech players are prohibited from manipulating customer data with the objective of disbursing more loans. The practice of intimidation will be strongly prohibited.
06/03/2019
Uwaje: Africa becoming lucrative catchment area for online schemes
In my opinion, the lure to engage in online moneymaking schemes may be related to the structures and lapses in our banking system
06/03/2019
FinTech firm Revive expands into Europe as turnover set to double
The firm provides services to organisations including EDF Energy, Seimens, The AA and E-on
05/31/2019
Why should banks and fintechs work together?
It will not be easy, but the business potential is great. All it takes is for banks and fintechs to work together.
05/30/2019
AIB-Bahrain in bid to boost Islamic digital banking
The bank is currently working towards digitalizing all of its services, enabling customers to perform all their banking transactions online