Managers of Wealth Fintech

Branching Out with a Branchless Bank

It can also be expensive and—as was the case with JPMorgan Chase’s short-lived digital-only endeavor, Finn—not always successful on the terms under which it was launched.

Emirates NBD opens app-only business bank

Initially available to select group of clients as a Beta launch, the new digital bank will open to UAE business customers by Q1 2020.

Dubai firm loses £42,000 in phishing attack

Spoofed email trick customers of Dubai-based company into transferring £42,000 overseas

OTCX integrates with IHS Markit’s thinkFolio

Certification with IHS Markit’s thinkFolio platform brings peace of mind to our clients and an innovative solution to an OTC trading market

State Bank of India Launches Digital Banking App in UK

The app also comes with a strong cordon of device binding to protect the security of customer funds.

Android banking trojan targets my.gov, NAB site users: Kaspersky

If these messages were opened on a device which had an Australian IP address, the URL would redirect to the malware site and download it.

Customers use less than 50% of mobile banking features: FSS study

Banks have introduced a wide array of services, but financial product marketers need to strengthen monetisation capabilities by moving away from utility-driven, one-size-fits-all approach and introduce segmented tailored offerings, the report noted.

Facebook to train Kenyan SMEs on digital advertising

This is a global programme that Facebook runs to arm businesses with the right digital tools to help you increase the visibility and add value to your business and target customers that you would not otherwise have access to,” Facebook Head of Publi

Now Money offers alternative for Gulf’s unbanked expats

Fintech targets region’s 25m low-income workers reliant on exchange houses to remit cash

Bahrain's Bwallet adds payment function for UK bank accounts

Users can scan a QR code to make cashless payments through their mobile phones.

Scammers target mobile payment app users

Venmo is an increasingly popular app that allows you to send money to anyone and it is the most recent target for scammers.

How technology makes banking easier

A lot of members like being able to do transactions from their living room without walking into a branch,” Lashua said.

Kenyan banks leverage on mobile loans to grow profits

Mobile lending at Equity Bank, whose half-year profit stood at 116 million dollars, rose 41 percent, with 97 percent of the transactions conducted through mobile platforms and agents.

Trustly partners with ECOMMPAY to deliver online banking payments to its merchants across Europe

Online banking payments are a popular way to pay in Europe

Open banking best for consumers

Australia's banking revolution will extend beyond our shores, predicts the founder and chief executive of online lender Tic:Toc, Anthony Baum.

Australia gives banking licence to mobile startup firm Xinja

An inquiry by the country's top economic adviser found that a lack of banking competition has been detrimental to customers.

StanChart eyes digital banking licence here

Lender looking for like-minded local partners to support potential bid for MAS permit

Prudential to pay $2.35bn for online startup Assurance IQ

Andrew Sullivan, who heads Prudential's retirement and group insurance businesses, said in a call with analysts that Assurance brought with it 17 million customers in need of insurance.

ADX, FAB to provide dividend distribution through digital wallet Payit

The new service also empowers corporate entities to move away from a manual dividend distribution process through cheques or other means.

What’s Driving The Digital Banking Boom In Latin America

Latin America has one of the highest adoption rates of smartphones globally, after North America and Europe, which is creating numerous opportunities for financial institutions to reach more consumers—an important step forward in a region notorious

Mobile Banking