10/06/2022
Banks Could Save Billions by Switching to the Cloud Finds Mambu
The saving comes from a variety of factors including a significant reduction in up-front costs (up to 50 per cent
Mobile Banking
10/05/2022
Adyen partners Tink for open banking payments
The agreement builds on a partnership Adyen and Tink already have for Account Check technology, that lets Adyen’s customers instantly verify account ownership to streamline payouts.
10/04/2022
UK Banks to shutter joint telephone payment system Paym
The decision, according to Paym, has been prompted by the “rapid evolution” in payments tech since Paym’s launch in 2014 with payment volumes made through Paym having been diminished over the past three years.
10/04/2022
ABN Amro introduces e-ID with payment functionality
This app beats every other onboarding process in the market as an easy-to-use way for customers to provide ID and pay for products and services. It’s unique in Europe.”
10/03/2022
Banking License Puts Profitability Within Reach for UAE Neobanks
The firm’s proposition is to offer digital-first accounts that take advantage of mobile apps to deliver innovative features to customers.
10/03/2022
Newtek selects Apiture Digital Banking Platform
Newtek has been working with Apiture for several months to prepare for the opening of Newtek Bank, subject to regulatory approval and the close of the acquisition.
10/03/2022
Traditional Lending Models Not Fit For Purpose, Warns Open Banking Platform
It suggests some people who can afford credit are being excluded because of outdated and blinkered credit scoring models.
09/30/2022
Tribe Payments supports Paytend with issuer and acquirer processing services
Due to holding issuer and acquirer licences, Paytend was keen to work with a single partner that supported both sides of the transaction with an API-led and cloud-based technology platform.
09/29/2022
Migrating to a Cloud-Native Core Helps Banks Reduce Core Spend by 76% Over 5 Years
Central to a bank’s tech operating model, core platforms are a major source of organisational spend.
09/28/2022
Open banking app Sync. goes into administration
The app had raised a significant amount of capital and once had its sights set on European expansion and a Series A.
09/28/2022
Banking app for “global citizens” Bankkit launches in UK
Bankkit also claims to offer a feature “which no UK bank has” – the “easy payment” of overseas utility bills and non-utility bill payments.
09/26/2022
Punks, Apes, & Goblins - hi launches NFT customisable card
The hi debit card can be used to spend fiat, stablecoins and other crypto at any Mastercard merchant worldwide, offering between one and ten per cent cashback.
09/26/2022
Payment Innovations Remain Apple’s Top Fintech Priority
Although Apple has been exploring products such as credit cards, BNPL and checking accounts, it appears that payments still remain the firm’s top priority at this point in time.
09/23/2022
Telcos can now apply for licences to operate 5G mobile services
Once the tenders have been evaluated the Authority will make recommendations for awarding licences for up to three applicants.
09/23/2022
Flutterwave enables Google Pay for African businesses
Google Pay is a safe, simple, and helpful way to make contactless payments in store, and also payments in apps and on the web.
09/22/2022
Why are government and regulators uneasy about fintech's rise?
Rise of the fintech sector is posing a two-fold challenge before regulators and the govt: To turn India into a fintech superpower while ensuring consumer safety by firms.
09/20/2022
Bank CIC launches digital platform
A digital service for the new Swiss bank.
09/20/2022
Maslife partners Thames Technology to deliver cards for customers
The payment cards will be offered as both eco-friendly PVC card and premium metal card options, providing Maslife customers with choice.
09/19/2022
EC competition concerns sees Pivo pull out of merger with Vipps and MobilePay
This has forced Danske Bank and the consortium of lenders behind Vipps to move ahead without OP Financial and Pivo.
09/15/2022
Latin American giant Ebanx moves into Africa
Importantly, a high level of mobile penetration and consumption in African countries positions the region to be the “next frontier”