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
Innovation & Startups
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.
04/14/2022
Collaboration creates successful digital strategies
To start this vetting process, bankers should engage with their digital partner to collaborate on a digital strategy to produce exceptional digital products.