Managers of Wealth Fintech

Why Real-Time Banking Is Not the Same as Intelligent Banking

A bank may move data in real time and still rely on predefined services, fixed validation rules, and incomplete decision contexts.

South Africans are ditching their wallets for wearable payment

In this evolving landscape, physical bank cards are becoming less visible, serving primarily as the credential that enables a payment rather than the payment method itself.

Australian corporates accelerate shift to real-time payments

The research shows that awareness of the shift to the New Payments Platform (NPP) has grown markedly.

Commonwealth Bank launches PaidIt payout platform

Commonwealth Bank stated that the process, from a recipient initiating a claim to funds arriving in their account, typically takes minutes.

What makes or breaks the digital euro

These details look prosaic next to the future of public money.

CommBank rolls out payout platform in advance of cheque phase out

The end-to-end platform reduces the operational burden of finding and verifying recipients, while providing greater confidence the right person is being paid.

TerraPay partners with Deutsche Bank on global payments

Deutsche Bank has said the partnership has supported its engagement with FinTech clients in the Middle East

Nationwide launches free credit score widget

Users will also be able to see what factors influence their score, making it easier to understand what this means and how it can affect key financial decisions.

Maltese-listed payments company secures deal with Brazilian fintech firm

It is listed on the Malta Stock Exchange.

TerraPay taps Deutsche Bank to widen cross-border payment reach

The collaboration is expected to improve settlement efficiency and expand TerraPay’s reach as demand for faster and more reliable international payment infrastructure continues to grow.

TerraPay and Deutsche Bank Expand Global Payment Connectivity

Through this collaboration, TerraPay gains access to Deutsche Bank's correspondent banking network, payments capabilities and foreign exchange services.

UnionPay expands across nine African markets via Standard Bank

UnionPay is launching e-commerce solutions in Botswana, Ghana, Kenya, Malawi, Namibia, Tanzania, Uganda, Zambia, and Zimbabwe.

Bank of America and Jio Financial Services Expand Digital Lending

The agreement will see Bank of America invest $1.9 billion, through a preferential allotment of equity shares and warrants.

Major banks are quietly shutting down ATMs in South Africa – except for two

Nedbank has seen its total number of ATMs shrink by approximately 4.4% since 2023.

Visa Launches New Infinite Cards for Affluent Customers in Malaysia

The invitation-only Visa Infinite Private sits at the top of the refreshed three-tier offering.

Matera Releases Open Source X9.150 Payment QR Code Implementation to Accelerate Industry Adoption

Free open source license enables banks, credit unions, fintechs and developers to download, run and explore the new ANSI X9.150 Payment QR Code Standard

Why wealthy clients’ hidden assets are banks’ biggest blind spot

There is a commercial cost too: a consolidated wealth view reveals exactly which assets sit outside the bank, opening the door to conversations that could bring that wealth in-house.

Amex expands virtual card capabilities

Virtual cards are a fast-growing commercial payment method that offer greater control through adjustable spending limits and added security through unique digital card numbers.

Citigroup's Consumer Cards to acquire fintech Kard

Its embedded, machine learning-powered personalization and matching capabilities simplify rewards for issuers, deliver meaningful value to customers and help brands reach high-intent consumers with measurable outcomes.

Revolut reduces WeWork access for premium members

The changes, which customers were not informed of, came after WeWork moved to increase how much it charges Revolut.

Retail Banking