Managers of Wealth Fintech

Fintech is driving Saudi Arabia toward a cashless society

The fintech market in Saudi Arabia is expected to exceed $32.8bln by 2023

Banfico releases Open Banking directory

Some details, such as the countries where the TPP is authorised to operate (passporting) are also not present in the certificate.

Swissquote's Net Profit More Than Doubles

For the full year 2021, Swissquote is now targeting net revenues of CHF 465 million

Bahrain’s ila Bank Launches Five New Digital Banking Features

It permits two shares for each user in a collaborative digital savings tool inspired by a longstanding regional tradition.

Moneyhub makes Open Banking Payments the default way to pay

Moneyhub’s full implementation of Open Banking’s Payment Initiation Service will democratise savings and investments for everyone

Dubai watchdog gives regulatory nod to mobile investment app

Which aims to open up US markets to Middle East retail investors

In Canada, Basic Open Banking Just Got An Upgrade To ‘Open Finance’

That open banking platform, said Ruiz, leverages application programming interfaces (APIs) to give financial institutions (FIs) the ability to innovate new products and services and bring them to market more quickly.

NBO Launches Wealth Management Portal On Mobile App

National Bank of Oman (NBO) has launched its new wealth management portal, available through the bank’s mobile app.

Klarna buys German shopping app Stocard

The deal comes hard on the heels of Klarna's takeover of social shopping startup Hero earlier this month.

Digital solutions for Gen Next banking

RBI issued licenses to new generation private sector banks in 1996 to provide fully-computerised, modern banking experience to customers, infusing competition, and enhancing productivity.

Secure digital platforms boost consumer confidence, says exchange house executive

Digitalisation has made it much easier for many people in terms of sending remittances for example; now, customers do not have to leave the comforts of their homes to send money.

Banks are becoming bitcoin banks whether they like it or not

Banks providing cryptocurrency services but not believing in their viability is a fine line to tread.

Bank of Ireland launches video tutorials on accessing digital services

They might worry about pressing the wrong button or doing the wrong thing or they could be anxious about online security.

TikTok bans investment promotions

Last month (June 21), TikTok teamed up with Citizens Advice to roll out videos which focus on how to make informed financial decisions, getting the most out of research and understanding financial terminology.

Nigeria's FairMoney raises $42m

FairMoney has also secured a microfinance bank license, enabling it to launch a current account, with a debit card in the pipeline.

Banking and payment channels in Africa are showing positive growth

While card penetration in Africa lags behind the rest of the world, this too is showing growth.

UBL partners with Temenos and NdcTech to modernize and scale its digital banking strategy across channels

Through this agreement, the bank has embarked on a digital transformation journey across all channels

CR2 Market Insight: African Banking and Payments Trends

A quick snapshot of banking and payment trends in Africa offers encouraging news for banks on the continent and opportunities for growth

Kamco Invest accelerates digitization journey by launching new flagship App

First phase includes in-App access to iktatib.com, amongst other features

Majority raises $19m for migrant mobile banking platform

The new funding will be used to support growth and make hundreds of hires in Texas, Georgia and Florida.

Mobile Banking