Managers of Wealth Fintech

US banks ramp up spending on talent and technology

Costs at largest US lenders jumped 10% in most recent quarter as industry fends off competition

How fingertip authentication technology will transform MENA contactless payments market

Biometric cards that eliminate fraud-risk and the need for transaction limits are to be launched regionally and globally in October

UOB Asset Management sees surge in online corporate investing

orporate investors can also choose the Fund Direct[4] service to build and to manage their own portfolio of funds.

NAB invests A$160m in branch revamp

Despite Covid-restrictions hindering efforts, 26 branches have been revamped so far in 2021, with another 50 locations to follow by the end of the year.

CBA puts AI ethics at centre of Bill Sense

Setting out the ethical considerations, CBA says that no information is shared with or obtained from billers, ensuring privacy protection and security.

Ebury’s Mass Payments Division Expands Footprint by Establishing a Presence in the UAE Market

Ebury’s innovative tech platform also allows payments to be made quickly and securely with pre-verification of bank details ensuring payments are delivered in full and on-time.

Bluestone Launch New Lending Platform in Australia

This brings Bluestone’s technology in line with industry best practice and demonstrates their commitment to continuously improving their broker and borrower experience.

Nordic challenger Lunar raises €210 million

During the last month Lunar has further added €130 million in deposits.

Netbank Partners Investree Philippines

As explained in the announcement, SME lending is “very underdeveloped” in the Philippines.

Google plans fintech move in Japan

Japan's share of cashless payment in retail transactions was just under 30% in 2020, compared with 70-90% in South Korea and China.

Sygnum first Bank to offer Ethereum 2.0 staking

With institutional-grade custody and fully segregated wallets, staked Ethereum are held in clients’ individual accounts with the highest security.

Revolut chasing $1bn in fundraising - reports

Revolut's results for 2020 show that losses were £207 million, compared to a £106 million in 2019.

Gojek-backed Bank Jago aims to leverage tech giant's data

The bank will seek customer approval to access travel, food purchases and other transaction data, he said, adding this would help assess eligibility for credit.

Ecobank Group reaches another milestone in financial inclusion in Africa

The success of the new wallet service is made possible by Semoa’s ability to test connectivity, authentication and authorisation of customers’ transactions before the new service went live through Ecobank’s Sandbox.

Binance payments blocked by Barclays

The banking giant said customers will no longer be able to make credit or debit card payments to the crypto exchange following its ban by the FCA last week

Emirates first to launch new industry payment solution in partnership with Deutsche Bank

Emirates is the world’s first airline to launch this payment alternative powered by a white-label solution jointly developed by the International Air Transport Association (IATA) in partnership with Deutsche Bank.

New ABN Amro lending platform connects Dutch mid-sized companies with institutional investors

Businesses that want to grow, need various forms of financing.

Banks Urged to Rise to Fintechs’ Challenge

It also rated Access Bank, the United Bank for Africa, Guaranty Trust Bank, Zenith Bank, and Stanbic IBTC Bank as stocks to buy.

Europe's Most Valuable Fintech Hones Swiss Plan

Vendors in Switzerland – including H&M, Campz, Mango, and Calida – have already integrated Klarna's payments technology

VTB and Visa test 'pay-by-glance'

To pay with their face, customers first need to install the O.Vision mobile app, register their phone number, save their facial biometrics and link a payment card.

Retail Banking