Managers of Wealth Fintech

Asia is overtaking the US in cashless payment

Will 2020 mark the start of a cashless society? It may be for some nations.

Saudi’s HyperPay raises eight-figure investment for its payment processing platform

Even though HyperPay did not disclose the exact size of investment, given the investors involved, it would be safe to assume that it is between $10 to $15 million.

Malaysia to open up banking sector to up to 5 new online lenders next year

The move by Bank Negara Malaysia comes as regulators across Asia opening up banking sectors to new digital players using technology to offer financial services.

Commercial Bank wins three awards from Global Finance for digital innovation

Receiving these three awards from a renowned awarding body reflects the strength and breadth of our best-in-class digital products and validates our strategy of investing in innovative technologies.

National Bank of Oman Elevates Customers’ Experience With Updates on Digital Wallet

National Bank of Oman has upgraded its mobile wallet to include a host of new features that make digital payments even easier.

From Interswitch to OPay: Here are Technext’s Top 5 Fintech Players of 2019

With the high influx of funds and the emergence of more startups together with the growing technological innovation, Fintechs became the leading force driving financial inclusion

RCBC, fintechs launch P100 billion fund for MSMEs

The open-ended fund will provide alternative funding for capital and operational requirements of MSMEs through the sale and purchase of invoice receivables and other movable assets registered by invoice receipts, certificates, or contracts as defined by t

KFHOnline total transactions exceed 10 million in one year

Mandani: Digitization vital pillar of KFH strategy

Saudi fintech startup Lendo set to unlock invoice financing for SMEs launches

Lendo is developing a community of borrowers and sophisticated investors that enables SMEs and investors to match each other through the P2P model.

Report: Pressure on retail banktech as relations change

Not very long ago, the bank and fintech landscape was marked by indifference and denial or even rejection, but like global warming, the industry’s climate has changed rapidly,

HSBC invests to boost digital capabilities instead of building a virtual bank

Since traditional banking infrastructure is challenging to modernize, most traditional financial institutions are exploring the option of setting up separate digital-only, virtual banks.

Darlington Building Society adopts Iress software

Darlington Building Society has adopted Iress’ mortgage processing software.

Tech to topple banking: RBA

Technological changes in payments are also challenging banks' core role in facilitating payments.

Mastercard extends pact on carbon footprint tracking

Mastercard and Doconomy originally announced a collaboration in February to launch a mobile banking service that lets users track their carbon footprint.

Mashreq migrates to the Microsoft intelligent cloud

UAE's oldest private bank us Microsoft to accelerate its digital transformation

PromptPay a game changer, says Citi

Technology changes the customer journey, writes Chiratas Nivatpumin

Metro Bank bolsters UK SMEs with new MCash technology

It’s another example of the game-changing digital innovations that Metro Bank is bringing to the market to help give our SME customers the edge in today’s competitive market.”

Rule Change Could Help Tech Firms Advance Into Banking

Potential change in deposit classifications could have big implications for future of bank-tech partnerships

HSBC brings the latest digital payment technology to Qatar

Globally, HSBC has enabled SWIFT gpi across 45 countries with more than 90 per cent of HSBC’s payments using the technology, empowering clients to see end-to-end payment status via HSBCnet Track Payments.

Digital bank N26 planning significant investment here

The firm said it had also seen a threefold increase in the 18-24 age bracket here.

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