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Innovation & Startups

04/20/2022

Singapore-based fintechs to merge

Focus on powering the future of payments in Asia

04/20/2022

African startups drew record $5.2bln in venture capital last year - industry group

African startups raised more in 2021 alone than the preceding seven years combined

04/20/2022

Bank of America now selling more digitally than in person - tech budget increases to $3.6 billion

Bank of America delivered a solid set of results and was positive on outlook. Its digital capabilities and investments continue to fuel growth at the bank.

04/20/2022

Avaloq goes live with first client in Taiwan

The new rules aim to increase the competitiveness and scale of Taiwan’s private banking industry.

04/20/2022

EBRD launches regional accelerator initiative to support development of CEE fintech ecosystem

Fintech startups from across Central and Eastern Europe are invited to apply for this international accelerator programme, the fifth organised by SWG and the second collaboration with the EBRD.

04/20/2022

SIX Digital Exchange forms partnership with tokenisation platform daura

As a result, companies on daura will be able to issue digital equity securities seamlessly in SDX's regulated Central Securities Depository (CSD).

04/19/2022

Nigerian digital bank Umba raises $15m Series A funding

The firm bills itself as a customer-centric, mobile-first digital bank that increases access to financial tools, including current accounts, bill payments, loans, cashback, P2P payments and bank transfers.

04/19/2022

4 Ways to Keep Younger Consumers from Leaving Your Bank for a Fintech

Gen Z and Millennials still express a strong level of trust for banks and credit unions, but trust doesn't lead to loyalty anymore.

04/19/2022

How are small businesses using embedded finance?

Traditional banks offer the widest selection of financial products to SMEs, but embedded services are a faster, viable alternative

04/19/2022

Derayah Financial CEO says it owns 20% of PIF-backed digital bank D360

With the planned introduction of single-stock futures trading in Saudi Arabia, Al-Shammasi stressed the importance of such a transition in enhancing the capital market.

04/19/2022

FAB teams up with IBM to accelerate digital transformation

Collaboration aims to further enhance accessibility of FAB’s digital banking services to its customers

04/19/2022

Nigeria’s TeamApt relaunches Moniepoint product as business bank

The startup raised a multi-million US dollar Series B funding round last year as it looks to expand in the aftermath of switching its focus from B2C from B2B

04/19/2022

Novia exec: Platform will scale through tech model not workforce growth

Following an overhaul of its management team, Novia is now focused on building layers of microservices on top of its core bookkeeping technology, powered by GBST.

04/18/2022

Digital Currents In A Changing World: How Businesses Can Ride The Tide In The Era Of Disruption

The report is based on the Wave of Readiness, a global league table of each nation's preparedness for major technology shifts and digitalisation.

04/18/2022

Fintech Dimply signs deal with Mercer as it raises funds

Group helps financial services sector communicate with customers online

04/14/2022

Paynt launches Acquiring-as-a-Service platform

Paynt is a fully-integrated global payment solutions and infrastructure provider.

04/14/2022

ABN AMRO Bank Signs to Extend Partnership on the Temenos Banking Cloud

Dutch bank accelerates the pace of innovation and speed of software delivery with Continuous Deployment on the Temenos Banking Cloud

04/14/2022

HCL Technologies Expands Global Partnership with Avaloq to Accelerate Innovation in Digital Wealth Management

The new lifecycle management center will harness HCL’s digital transformation execution framework and next-generation AI and automation products to drive efficiency.

04/14/2022

Banking Circle adopts ISO 20022 messaging standard

“To conduct business, financial institutions exchange massive amounts of information with their customers and other institutions,”

04/14/2022

New UK fintech start-up GoSolo launches business account

The new GoSolo global account costs £250 a year and enables customers to form a new company which is registered and authorised by the UK’s Companies House.

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