Managers of Wealth Fintech

Westpac tests zero interest credit card

Customers will be able to choose the cycle their repayments fall on, whether it’s twice a month or monthly

Brex hits $12.3bn valuation

The firm has since introduced an all-in-one platform that adds spend management and bill pay software together in a single dashboard for a $49 a month fee.

Telenor Microfinance Bank Goes Live on Temenos

Temenos Transact core banking will enable fast product innovation and massive scalability and efficiency for Pakistan’s leading digital payments platform Easypaisa

DeFi platform EQIFI launches crypto Mastercard

These debit cards allow users of the platform to make real-time payments in-store and online

Al Rayan Bank chooses TruNarrative to provide digital onboarding and fraud risk management

The decision is part of the Bank’s digital transformation programme

HSBC to Launch Banking as a Service

HSBC is working with Oracle NetSuite to embed its corporate banking solutions into NetSuite cloud ERP

Liberty Bank selects Glia for digital customer service

Glia's Digital Customer Service platform will enable Liberty Bank to meet customers where they are and communicate through whichever methods they prefer

Norwegian DPA fine Ferde AS for data transfer issues

Through a news report on the Norwegian national broadcaster, NRK, the Norwegian Data Protection Authority learned that Ferde AS transfers data related to vehicles passing through toll collection points to a data processor in China.

NBB announces shortlisted teams from Digital Banking Challenge

The NBB Digital Banking Bootcamp was held in September and welcomed participants at BFB’s co-working offices.

Creditspring launches credit builder product to support near-prime borrowers across UK

The product has been launched in direct response to the rise of ‘questionable’ credit builders in the UK.

Carbon signs with Network International to boost digital payment offering

Under the agreement, Network International will issue and process physical Visa debit cards on behalf of Carbon, enhancing the bank’s offering to customers.

Loan Market appoints GBST Digital

Loan Market connects with over 60 lenders and thousands of loan products to help brokers find the most suitable deal for their customers.

ABN Amro to restrospectively collect cash deposit fees after ATM glitch

A small fee is incurred when you make a deposit at a Geldmaat, just like when you did it at an ABN AMRO machine.

Fintech Pleo introduces a Free plan in the UK, Ireland, Denmark and Sweden

The reconstruction of Pleo’s pricing model, trialled in Germany earlier this year to great initial success

Jack Henry integrates with Finicity, Akoya and Plaid

This results in a more secure connection, a better user experience and ultimately, peace of mind to the consumer.

Peach Payments expands into Mauritius

Last year, Peach Payments saw a 400% increase in customer acquisition and revenue growth of 130%.

Battle of the banks: Capitec vs Standard Bank vs FNB vs Absa vs Nedbank

However, when it comes to customer reach, Capitec claims to have the most retail customers in its ecosystem.

Mbanq signs with Temenos

Mbanq’s CUaaS combines Temenos’ modern cloud technology with operations, legal compliance and financial services solutions, wrapped into a single Credit Union ecosystem.

B2B payments startup Crezco raises £3 million in seed funding

Crezco also received investment from UFP Fintech, early investors in Revolut as well as other angel investors, venture capital funds and payment specialists.

What can banks learn from e-commerce?

The death of traditional retail had been forecasted for some time, but the process was expected to be slow and gradual.

Retail Banking