Managers of Wealth Fintech

Fintech Albert raises $100m

American mobile banking, saving and investing app Albert has raised $100 million in a Series C funding round led by General Atlantic.

Internet use for business purposes increased by 10 per cent in 2020

Almost 90 per cent of enterprises operating in real estate, professional, administrative and other service activities reported having a website.

StashAway announces Assets under Management of US$1billion

In 2020 alone, the portfolio returns ranged from 24.1% to 5.2% for those same portfolios, and consistently outperform their same-risk benchmarks.

Why Kenya cannot afford to lag behind in 5G uptake

The suspension of the 5G roll-out could slow down uptake of the much anticipated fourth industrial revolution (4IR), such as artificial intelligence, cloud computing, robotics, 3D printing, the Internet of Things (IoT), and advanced wireless technologies.

Qualcomm’s chip market share plunges in China after Huawei sanctions; MediaTek takes No. 1 spot

The U.S. giant’s market share in China fell to 25.4% in 2020 versus 37.9% in 2019.

Open banking is helping to evolve the user experience

This growth was not necessarily achieved “despite the disruption caused by COVID-19” as the Open Banking Implementation Entity suggests, though the pandemic has undoubtedly created obstacles, but perhaps in part was achieved because of it.

Don’t plan for the future’ based on virus-driven volatility – trading platform CMC

CMC pointed to a healthy pipeline of projects that will drive new revenue streams separate from its main stockbroking and contracts for difference (CFD) businesses.

Mobile money overpowers card payments in Kenya

On the other hand, the value of mobile money payments increased by 44.5% to USD 4.83 billion from USD 3.34 billion in the same period.

Holding Cloud To Account, How Cloud Adds Up In Financial Services

Now a proud owner of its sub-sector label and hashtag, FinTech is the new financial IT… and FinTech was born on the cloud.

QNB launches innovative platform of its mobile banking app

This service is the most innovative service of its kind in Qatar, which aims to keep pace with the current development in banking digitisation and works to change the future of payments’ environment.

WhatsApp retreats after user backlash, delays mandatory new terms

New target date of 15 May set.

Why Digital Banking Platforms Might Be Firms' ERP Of The Future

The advancement of enterprise digitization has given rise to a deeper understand of the importance of financial data for business leaders.

BNL collaborates with Tink on multi-banking technology

BNL, BNP Paribas has upgraded its mobile banking app’s capabilities in partnership with rising fintech pioneer Tink

Online payments, digital wallet growth, set the stage for Saudi Open Banking 2022

“With the support of market participants, SAMA plans to go live with Open Banking during the first half of 2022,”

Money remittance app Nala to launch in the UK

The NALA beta app will be rolling out gradually from February 2021

Scotland among European frontrunners in digital government services

Over the course of the programme, 4,500 new fibre street cabinets have been deployed alongside more than 11,000 kilometres of cable, including subsea cable for 20 crossings to Scottish islands.

Quilter launches scam reporting tool as impersonation scams increase 600% since 2010

The tool will allow anyone who believes they have been exposed to, or have fallen victim to, an impersonation scam that features a clone of Quilter’s branding or marketing materials to report their concerns directly to Quilter.

Three Developing Technologies That Will Change The Banking Industry

Artem Tymoshenko is a fintech expert, founder and CEO of Maxpay.

QR code payments: Key opportunities, Regional Analysis & market forecast 2021-2025

The research report also assesses 15 leading QR code payment vendors across the market via a Juniper Research Leaderboard; providing a key resource for market stakeholders in understanding the evolution of the market going forward.

Fraud prevention and user experience: how finance institutions can navigate the increasingly complex digital challenge

So, what exactly has the pandemic done to banking?

Mobile Banking