Managers of Wealth Fintech

TSB banking app goes down leaving thousands unable to access accounts

Down Detector, which monitors site outages, has seen over 2,100 reports this morning.

‘Internet For All’: Government Launches $1.7B Project to Expand Access in Mozambique

The survey on ‘Mobile Phone Users’, produced in coordination with the National Statistics Institute (INE), also revealed that the cost of living and purchasing power of Mozambicans is very low compared to other SADC

Guernsey’s mobile mast emissions are well within safe levels

Mobile masts help Guernsey residents and visitors to the Island stay connected

GCash makes it easier for Filipinos in Europe to send remittances

Previously, sending money from the UK and Europe to the Philippines has been a complex and time-consuming process, often involving expensive fees and multiple intermediaries.

Adyen goes live with Tap to Pay on iPhone with NewStore in NZ

At checkout, merchants will prompt the customer to hold their contactless payment near the merchant’s iPhone, and the payment will be securely completed using NFC technology.

Lloyds Bank adds Benefit Calculator to mobile app

Lloyds says the tool, developed by Scottish fintech inbest, could help a wide range of people to access support

Hejaz launches Australia’s first halal investment app

The Halal Money app has rapidly gained over 15,000 downloads in the first weeks of its beta launch, and Hejaz expects it to be embraced by Muslims nationwide.

Myanmar’s Wave Money taps Amdocs for Digital Financial Services platform

Wave Money has chosen to deploy Amdocs’ Digital Financial Services platform to enhance its service capabilities.

FIS: Lack of Branches, In-Person Service Keep Singaporeans Loyal to Traditional Banks

The survey, which polled over 1,000 retail banking customers, highlights the growing appeal of digital banks across all age groups.

European mobile payment operators enable interoperability

The partners say their effort is a viable option for the Eurosystem's objective of encouraging the adoption of pan-European instant transfers using existing infrastructures.

PayPal rolls out money pooling tool for group purchases

Customers can set up a pool for free in the PayPal app

Bank of Namibia taps Konsentus to support open banking implementation

This is to also include establishing “appropriate rules” for data-sharing, initiating consumer education campaigns, and developing strategies for open banking adoption.

How the rise of mobile is reshaping business banking for UK SMEs

It’s easy to imagine a small business completing its accounting behind a desk and large monitor, but new data shows this presumption is incorrect for most cases.

NatWest rolls out mobile virtual corporate cards for business expenses

The cards can also be used to equip temporary workers, infrequent travellers and recruits

The next disruption for finance is coming from big tech – can banks keep up?

This will allow American consumers to pay at over three million locations using just the palm of their hand.

APAC mobile wallet adoption driven by e-commerce growth

In addition to e-commerce, the integration of immediate payments across borders has also played a significant role in the growth of mobile wallets.

Western Union acquires Singtel’s mobile wallet Dash

Western Union adds that Dash customers “will continue to have access to all existing services” throughout the transition period

Wealthsimple launches in-app travel eSIM powered by Gigs

The offering has joined the platform’s new lifestyle rewards programme and is now available to clients with assets over $200,000.

Western Union to buy Singapore mobile wallet Dash

The company does still operate in financial services: in 2022 it teamed up with local superapp Grab to launch GXS, Singapore's first digital bank for consumers and businesses.

AFP: Truist Bank exec says speed and simplicity is how to delight customers

Finextra sat down with Chris Ward, EVP enterprise payments for Truist Bank, to talk about what he sees coming in the future of payments.

Mobile Banking