03/18/2021
LatAm Banks Could Face Disruption from Cheaper Payment Systems
These payment systems are free for individuals and at moderate costs for businesses and should increase banking system access to underbanked populations.
Retail Banking
03/17/2021
Santander launches savings and investment calculator
Research carried out by Santander shows more than a quarter of people want to improve their financial know-how as a result of the pandemic.
03/17/2021
How Covid-19 changed the UK's relationship with cash
One striking trend however is that while we are visiting ATMs less often, the amount withdrawn on each visit has dramatically increased.
03/16/2021
Poland's Nest Bank moves card programme to Fiserv
The bank will be one of the first in Poland to offer online card issuing, which facilitates the issuance of a fully functional virtual payment card within seconds.
03/16/2021
Finastra joins FedNow pilot programme
The FedNow Pilot program is designed to support development, testing and adoption of the FedNow Service
03/16/2021
UAE leads Middle East’s digital wallet revolution
Samsung Pay, Apple Pay and Google Pay already allow saving of debit or credit card details.
03/15/2021
iGTB Digitizes Vietcombank Corporate Banking Offerings
iGTB said in the release that the Enterprise Suite is deploying features that lead to increased “customer stickiness” and flexibility that allows “faster responsiveness as the market evolves.”
03/12/2021
Modularbank adds AML tech to product offering
By including HAWK:AI’s solution in their ecosystem, Modularbank can now offer customers the benefit of real-time Transaction Monitoring and Sanction screening, optimized using Machine Learning.
03/10/2021
Banking-as-a-Service a New Battleground for Banking Incumbents and Challenger Banks
The report also found that digital challenger banks are now running at a fraction of the cost of incumbents. Some technology companies
03/09/2021
Mastercard expands Engage platform
The Mastercard Engage network includes partners that provide various components and integration capabilities across the Digital First customer journey to deliver a frictionless payment experience
03/09/2021
BNP Paribas Partners with Token to launch “Instanea” instant payment initiative
Token’s open payments platform is driving the shift from traditional payment methods to A2A payments.
03/08/2021
Icici registers one million users from other banks for mobile payments super app
In addition, they can open a savings account and apply for a home loan or credit card with Icici.
03/08/2021
Fintern taps AI and Open Banking to enter consumer loans market
The company is focussing on the sub-£5000 lending market, targeting consumers who may be resorting to high-cost lenders and buy-now-pay-later schemes to manage their lives.
03/08/2021
TerraPay forays into Bank Account payments in the USA and Canada to facilitate same day international money transfers and cross border remittances
The Company is committed towards fostering inclusive digital mobility for all and is building a credible digital payments highway, beyond borders.
03/08/2021
Anti-virus mogul John McAfee charged with fraud over crypto promotion
McAfee indicted in federal court over schemes that promoted cryptocurrency offerings on social media
03/05/2021
Top Egyptian Bank Selects Temenos
Temenos’ digital banking platform will help Suez Canal Bank drive sustainable growth and financial inclusion in country where more than 40 million are unbanked
03/05/2021
Canadian challenger Koho adds to product line with fee-free savings account
The average interest rate offered by the big banks is only 0.05%, leaving Canadian consumers with a banking system that has not effectively evolved with their current needs.
03/03/2021
FinTechs Set The Stage For Open Banking Adoption Catalyst
The Open Banking industry is a catalyst for transforming the way banks and FinTechs in the region interact with one another.
03/02/2021
Klarna confirms mammoth $1 billion fund raise
The company says it intends to pledge one percent of the capital raised to a new initiative that addresses sustainability challenges around the world.
03/01/2021
Bank One bags Citigroup’s STP Performance Excellence award
Bank One successfully achieved an STP rate of 100% (USD) and 99.8% (Euro) for treasury payments and 98.80% (USD) and 99.65% (Euro) for commercial payments.