05/07/2019
Dubai launches digital wallet for paying govt fees
The new digital wallet, noqodi, is the latest option available to pay government fees through Dubai Pay gateway, the Dubai Now smart application.
Mobile Banking
05/07/2019
MAS studying virtual bank licensing regime for fintech firms
MAS added that banks are also actively improving their digital offerings in cooperation with fintech companies.
05/07/2019
New Digital Platform to Help Tackle Dirty Money
Powered by Microsoft Azure technology, the Kyckr platform debuts an all-new mobile responsive design centred around client needs and behaviours, with quick search dropdowns, improved administration features, dashboard functionality and increased informati
05/01/2019
More measures to make Dubai smarter: Aisha Bin Bishr
Discussions are underway to ‘lift technology restrictions’ and boost economic businesses
05/01/2019
gh-link cards: How different are they?
Transactions on the gh-link cards are processed locally.
05/01/2019
Bankable and Visa partner to accelerate digital banking solutions
The partnership will allow Visa members to obtain access to Bankable’s platform to help them deploy digital banking and real-time payment services.
04/29/2019
Consumer costs set to plunge as South African banking industry evolves
The paperless model means lower operating costs for banks.
04/25/2019
Wirecard relied on three opaque partners for almost all its profit
Whistleblowers claim unit of German payments group was not audited
04/25/2019
NatWest UK Launches Biometric Payment Card Trial Featuring Fingerprints’ Technology
This is the first trial in the UK
04/25/2019
Online wealth manager launches MPS for advisers
An investment team will monitor portfolio allocation and performance daily
04/24/2019
Bill Gates is committed to giving away his fortune — but he keeps getting richer
Gates is now worth $100 billion. Why is it so hard to give money away?
04/24/2019
Banks use fintech to make up for lost time on financial inclusion
Institutions are investing in a bid to reach ‘unbanked’ groups in Africa and the Middle East
04/23/2019
MeaWallet Launches Multi-Scheme Merchant Tokenization
Dramatically simplifies access to multiple tokenization services for merchants, PSPs and acquirers
04/22/2019
Huawei, the Chinese tech giant accused of spying, released quarterly financials for the first time ever in a defiant move
Its net profit margin was 8% for the quarter, but the company didn't disclose its actual net profit.
04/22/2019
T-Mobile Tries to Disrupt Banking
The company may help bring accounts to millions of unbanked households.
04/22/2019
Citigroup, Like Goldman Sachs, Tries Internet to Bypass Bank-Branch Wars
Citigroup's network of 689 bank branches in the U.S. and Canada looks paltry compared with JPMorgan Chase's 5,000-plus web and Bank of America's 4,353 locations.
04/17/2019
The Future of Banking
Regardless of which path to take, the fact remains that going digital extends beyond moving transactions from analog to internet to mobile as part of some surface level technology refresh.
04/16/2019
Virtual card platform Extend raises $11m
The company’s virtual card payment option is a boon for businesses engaged in microservices or the gig economy.
04/16/2019
‘Online only’ banks to challenge main street banking
However, all the information needed at the counter can already be collected on a mobile phone.
04/15/2019
Korea’s 1st-generation internet banks face murky future amid regulatory hurdles, incoming competition
Further challenges are expected down the road, as up to two new internet-only banks will begin operations from this year, increasing competition.