07/30/2019
Prepaid Credit cards in Kenya for making online payments
In Kenya, Safaricom is really trying to bridge this gap by partnering with international entities like Western Union, PayPal and AliExpress
Retail Banking
07/30/2019
Fintech strikes major deal
The first phase of the partnership will allow Legal & General customers to compare and choose from a range of savings accounts offered by Raisin’s European partner banks - all managed from a single account and login: the Raisin UK Account.
07/29/2019
Revolut on course to be worth $10bn and match the size of Barclays, say backers
The financial technology start-up, which is planning to raise as much as $500m this year from investors, has accumulated six million customers in just four years.
07/26/2019
Starling Bank launches multi-owner accounts
Starling is using the grant to build a full suite of digital banking products, intelligent forecasting tools, and digitally-enabled relationship management functions as well as lending products.
07/25/2019
QNB moves closer to full digitisation with contactless cards
QNB is replacing its entire cards suite in its Qatar operation
07/23/2019
US mobile bank MoneyLion raises $100 million at ‘near unicorn’ valuation
MoneyLion also raised $60 million in venture capital and debt in Q2 2018, a spokesperson told TechCrunch.
07/22/2019
Saint Lucia Taking Part In Digital Currency Project
It was also stated that the digital currency, unlike debit and credit cards, will not carry a fee for the consumer, it reported.
07/19/2019
China Merchants Bank Selects Wolters Kluwer's OneSumX for Regulatory Reporting
This unique service is maintained by Wolters Kluwer experts who actively monitor regulation in 30 countries.
07/18/2019
Lloyds turns to Optal for B2B payments
Lloyds Bank Commercial Banking clients will be able to use the highly secure payments system to improve supplier relations through the option to offer earlier payment.
07/18/2019
Standard Chartered becomes 1st foreign bank licensed at GIFT IFSC
Standard Chartered will become the first foreign bank to launch operations at the International Financial Services Centre located in GIFT City.
07/17/2019
Checking in with recently launched digital bank Hello Paisa
Regardless of its short time on the market though, Hello Paisa was recently able to claim a place among the inaugural Inclusive Fintech 50 list, which recognised organisations addressing financial inclusion across the globe.
07/17/2019
Guaranty Trust Bank’s sharpened focus is a boon to its digitalisation drive
Banks are embracing new digital technologies at breakneck speed
07/15/2019
5 Pivotal Retail Banking Technology Trends for 2020 and Beyond
Research by The Economist Intelligence Unit (EIU) for Temenos finds that coping with new technology is the top concern of retail bankers, ahead of changing consumer behavior, political and economic instability and dealing with bad loans, among other facto
07/15/2019
Top Thai Bank’s Digital Platform to Drive Loan Growth Surge
Expects near eight-fold increase in lending via mobile app
07/15/2019
Infosys Finacle digitises Standard Bank’s African branches
Tellers can now offer personalised services on the go and service multiple customer requests from a single window.
07/12/2019
Thailand's biggest bank invests in ride-hailing unicorn Go-Jek
Siam Commercial Bank eyes fintech connection with fast-growing local app
07/12/2019
DBS named World's Best Bank by Euromoney, a first for an Asian bank
The bank's latest award follows two other honours last year.
07/12/2019
Commercial Banking Gets Up Close And Digitized
Bottomline Technologies’ Jessica Cheney, vice president of product management and strategic solutions, weighs in on what makes a bank’s digital strategy a successful one.
07/11/2019
Canada’s PaymentsMB taps Cardstream for European expansion
Doug Barber, head of acquiring and business development at PaymentsMB, says: “For subscription services such as digital streaming, it’s important that we can help provide our merchants with a broad network of acquirer relationships to help gro
07/11/2019
NBB first bank to join national Ekyc platform mandated by CBB and operated by Benefit
NBB was the first bank in the Kingdom to join the platform, which will be used by all financial institutions to simplify and ease client onboarding and KYC maintenance requirements electronically.