Managers of Wealth Fintech

ECB's Weidmann wants digital euro to start small

The ECB gave the digital euro a green light earlier this summer but the actual launch of the currency could still be around five years away.

Britain’s cash homebuyer hotspots revealed

Across Great Britain, just 27% of homes sold so far this year went to cash buyers.

Technology, politics lead banks to rethink overdraft fees

Instead, banks are rolling out a host of tools and products designed to help their clients avoid such fees.

Interswitch and Codebase Technologies to enhance digital financial services across Africa

Working with the Codebase Technologies team, will help Interswitch to broaden its current digital offering, whilst leveraging Interswitch’s brand recognition to increase the reach and visibility of Digibanc™ SaaS in Africa.

BBVA unveils hot desk app for evolving hybrid working model

BBVA has rolled out an app for employees to book a desk at the office as it prepares for a new post-pandemic working model.

Curtis Banks to integrate further with platforms

Its tech team is also developing more adviser tools, though no further detail has yet been given on what these could be.

Revolut plans to compete on ‘buy now, pay later’ market

Revolut’s plan to enter the market comes just a few months after it became Britain’s most valuable private tech company in history.

Yolt to focus on growth of Yolt Technology Services as it intends to close its smart money app

ING Bank-backed Yolt is shutting down its consumer-facing smart money app in order to focus on its open banking technology platform.

PayPal agrees $2.7bn deal to buy Japanese BNPL firm Paidy

The acquisition is slated to close in the fourth quarter, after which Paidy will continue to operate its existing business and maintain its brand.

Mastercard expands open banking reach through Aiia acquisition

Meanwhile, the connectivity of Finicity in the US will help deliver the account information services and payment applications of Aiia to American clients.

Nedbank picks Kasisto for AI chatbot

"Our KAI- powered intelligent digital assistant, Enbi will deliver truly intuitive and engaging digital banking experiences our customers are looking for."

Absa announces Collaboration to Strengthen Digital Partnerships Ecosystem Across Africa

Absa is looking to accelerate its digital transformation through strategic partnerships

Bank of the Bahamas selects Newgen

With Newgen, the bank can utilize a single self-service portal—integrated with the core banking system—for their end-to-end lending processes, from loan initiation and credit analysis to disbursal and collection.

Cartes Bancaires approves Fime to test the personalisation of payment cards

The tool can now be used to test the personalization of payment cards in line with CB’s new CPACE (CPA Contactless Extensions) card personalization specification.

Bunq touches down in Spain as it dips into record-breaking Series A pot of cash

The digital bank is also rolling out a new feature to allow customers to add IBANs from multiple European countries to their accounts all in its app.

Klarna and Global-e expand partnership across US, UK, France, Spain, Italy and Australia

lobal-e's international merchants can seamlessly offer Klarna to further enhance their offering of a localized online shopping experience.

Europe is Ripe for Instant Payments Where 73% of All Transactions are Still Done in Cash

That’s in part because other payments schemes work very well for consumers and merchants, including direct debit which EPC also manages, and cards which currently account for 41% of transactions across the EU.

Atom Bank reports £36 million loss

Atom CEO Mark Mullen says the bank expects to deliver month-on-month profit later this year as it bids for longer-term earnings ahead of a possible future listing sometime in 2022/23.

TrueLayer continues European expansion with new Headquarters in Dublin

The CBI has a strong track record as a regulator committed to delivering quality financial authorisation and supervision.

The future of payments in the Middle East

As cash transactions give way to digital, what changes can the region’s banks and payments providers expect to see in the next few years?

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