06/02/2020
Clear Junction to join Sepa Instant
The firm expects that the upcoming transaction limit increase to €100,000 will make the scheme relevant to liquidity providers having accounts with Clear Junction.
Retail Banking
06/02/2020
Bitstamp adds GBP trading
GBP trading pairs will be available worldwide, except in certain US states.
05/29/2020
Bank of Lithuania issues guidelines on opening accounts for electronic money and payment institution
The Bank of Lithuania welcomes an opportunity provided by banks to open three types of accounts for EMIs/PIs on their own behalf
05/28/2020
Natixis IM Makes Strategic Investment in UK Savings Fintech
The company did not disclose terms of the deal.
05/26/2020
How Access Bank Is Creating A New World Of Banking With The Accessmore App
The app was built out of the need to deliver to its customers, a world-class banking experience from anywhere and at any time.
05/25/2020
Challengers beat incumbents on account opening experience
UX expert Peter Ramsey from Built for Mars has investigated whether these new entrants do actually make the process of opening an account better.
05/25/2020
Another Digital Bank to Launch in the Philippines
It remains unclear whether the OFBank will actually be “the first” all-digital banking platform in the country.
05/22/2020
Dubai Startup Jingle Pay Targets the Middle East With Digital Neobanking Services
Addresses financial exclusion for the unbanked and for low-income audiences
05/22/2020
SABB completes 1st Phase with “Wethaq”
This platform is in line with SABB’s strategy of digital transformation, which will support SABB’s leading position in providing Bank guarantees services.
05/21/2020
ACI Worldwide to drive payments transformation for South Africa’s ACS, a division of Altron
Leading South African processor and technology company to leverage ACI’s UP Retail Payments.
05/20/2020
Saudi fintech Geidea begins beta testing of new digital product range
The BETA testing is due to last until August followed by a soft launch in September and a full roll out in October.
05/20/2020
Instant protection for your family through the QIB mobile app
Once customers successfully apply and complete the required simple steps, the policy issuance is managed and integrated directly with Beema’s online system.
05/20/2020
Mashreq: Contactless payments are on the rise due to COVID-19
The bank has seen a 21 per cent increase in transactions over the previous quarter
05/20/2020
Ecobank Group and Google collaborating to deliver digital solutions tailored for Ecobank’s Small and Medium-sized Enterprises (SMEs) customers
The aim is to assist African businesses remain relevant and fulfil their potential by embracing digital capabilities
05/14/2020
Daniel Sandmeier: «Asia is Next Logical Step»
The platform gives them transparency via a price-finding mechanism.
05/14/2020
WATCH: Standard Bank launches a digitised Escrow service in SA
This is especially true for transactions taking place in any online marketplace or social media platform, even more so given the change of consumer purchasing habits spurred by Covid-19.
05/13/2020
Open Banking: Are consumers keeping an open mind?
While the regulation was designed to facilitate open banking, the market demand was uncertain.
05/12/2020
UOB Expands Robo-Advisor to Malaysia
The Digital Adviser has a minimum investment of RM500,000 ($115,000), while corporate investors who use the Fund Direct feature must meet the minimum investment requirements of the respective UOBAM-managed funds.
05/12/2020
Absa partners with HPS to roll out PowerCard across Africa
Through electronic payments, we aim to bring financial services to many more unbanked and underbanked people, reduce transaction costs and increase customer convenience.
05/12/2020
A Fintech & Innovations office for Bank of Ghana
The new office will oversee the drive in growth for financial technology