04/14/2021
Barclays to shut down Pingit on 30 June
Barclays has writen to customers confirming the closure of Pingit from 30 June, when users will no longer be able to use the app to send, receive or make payments.
Retail Banking
04/09/2021
KBC introduces co-badged wearables
equensWorldline processes the payments and manages the validation and routing of the transactions to KBC.
04/09/2021
Egypt's Paymob scoops $18.5 million in new funding
The company says it will use the funds to grow its merchant network and fuel its regional expansion efforts.
04/08/2021
Citi Asia Pacific Wins Best Bank and Digital Bank of the Year from The Asset Magazine
These awards represent exceptional recognition of our team's focus on delivering solutions across Asia Pacific through a time of challenge.
04/07/2021
Visa selects five startups across Asia Pacific for first accelerator program
Inaugural cohort of startups selected from hundreds of applicants across Asia Pacific and globally
03/31/2021
Digibank Solution Provider Meniga Partners Visa to Accelerate Its APAC Expansion
Meniga will also be listed on the Visa Partner Portal, to help facilitate more opportunities in the region.
03/31/2021
SA digital bank secures three-million customers
This announcement follows on from the digital bank securing R1.6-billion from a number of undisclosed global investors
03/29/2021
KFH First Kuwaiti Bank to launch digital signature for personal financing transactions
Enabling customer to complete financing request anywhere and any time
03/29/2021
CW Innovation Awards: How DBS is transforming credit processes
DBS Bank’s credit architecture programme has digitised and reimagined credit processes through a unified platform that has improved the productivity and efficiency of its credit teams
03/26/2021
German central bank makes case for blockchain settlement in CBDC debate
Market participants involved in conducting the experiment were Barclays, Citibank, Commerzbank, DZ Bank, Goldman Sachs and Société Générale.
03/24/2021
NatWest to overhaul retail business as it tackles fintech rivals
State-backed UK bank to extend video access to staff and introduce new investment products
03/23/2021
Nymbus takes the wraps off digital banking portfolio
Today, Nymbus Labs is already working with over a dozen customers across a variety of institutions.
03/22/2021
Garanti BBVA unveils account aggregation for businesses, SMEs and freelancers
The service allows them to easily and quickly view the amounts debited and credited to their non-BBVA accounts.
03/21/2021
KFH and Aion Digital Sign a Digital Transformation Agreement
For digital-first retail and corporate banking services
03/19/2021
Currencies Direct completes £165m dividend recapitalisation
The transaction is supported by incumbent lenders CVC Credit and Alcentra
03/19/2021
In a face off against FinTech, traditional face-to-face banks must become more bespoke than ever
There’s no doubt digital banking is in demand. Last year, $4.1bn was invested into FinTech in the UK, accounting for just under half of Europe’s FinTech investment.
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.
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.