Managers of Wealth Fintech

Bank One bags Citigroup’s STP Performance Excellence award

Bank One successfully achieved an STP rate of 100% (USD) and 99.8% (Euro) for treasury payments and 98.80% (USD) and 99.65% (Euro) for commercial payments.

NatWest initiates Open Banking payments for business customers

He says the bank is currently working on plans to enhance its Open Banking compatibility

Time for a digital scale-up in Africa to unlock the continent’s untapped creative economies, panelists say

The Africa Investment Forum was working to promote content deals as well as digital infrastructure projects to advance creative industries, including support to smaller players

Go "beyond banking" with an open, customer-centric ecosystem

The study reveals that open banking enables institutions to offer a wide range of innovative products for private and corporate customers, in cooperation with third-party providers.

How the EU is catching up to the U.K. in open banking adoption

TrueLayer raised $25 million in September 2020, PayPal Ventures put £9 million into Modulr in November 2020, Tink raised €85 million in December 2020, and Token raised $15 million in January 2021.

UAE BaaS provider NymCard launches fully public APIs for MENA

Said to be built from the ground up, the objective of NymCard is to simplify the complex world of payments by bridging the gap between old legacy systems and modern cloud-native API first platforms.

Receipt Bank rebrands to Dext as it passes 1m users

A shiny new name and logo for the receipt-scanning fintech.

Mastercard and Deutsche Bank deepen collaborations on digital payments

This starts with card issuance and merchant acceptance and extends to cover payments clearing in the domestic and foreign markets as well as additional services such as currency hedging, cash flow forecasting or even fraud management services.”

BBVA records jump in customer acquisition through digital channels

Out of all of BBVA’s customers in Spain, 67% are digital and 61% use their cell phones to engage with the bank.

Banking industry-funded police unit cracks down on Covid-19 scams, preventing £20m of fraud in 2020

The unit remains on the frontline in protecting the public against fraud and is currently investigating over 150 live cases, including several Covid-related scams.

Why fintech is on the brink of rapid expansion in the GCC

The GCC is catching up with developed markets in terms of financial inclusion

Infinet Wireless provides NBO with reliable connectivity

It has over 60 branches and 173 ATMs and cash deposit machines spread across the country, serving a considerable portion of the country’s five million population.

ClearBank selected by Manchester Credit Union to power its payments

Through the partnership, Manchester Credit Union will be able to strengthen its banking services, offering the people of Manchester a more viable alternative to payday lenders.

Revolut to roll out QR code payments for business customers in 25 countries

The touch-free payment method allows for instant payments, with small business owners able to see if a payment has been successful right away,

Payments Fintech Nears Swiss Regulatory Nod

The license would be the second granted after Yapeal, under a Swiss scheme to foster financial start-ups.

National Bank of Bahrain goes live with Backbase-built digital banking platform

Partnering with Backbase to accelerate our digital transformation and launch our new app has helped us more readily address our clients' needs throughout various stages of their customer journey, guaranteeing excellent service and a sophisticated exp

Asian authorities clamp down on digital lenders

Officials in credit-hungry economies have struggled to control the fast-growing sector

Commercial Bank of Dubai goes live on UAE KYC Blockchain Platform

UAE KYC Blockchain Platform is part of Dubai Economy's vision to enhance business competitiveness and accelerate the digital transformation of the UAE economy

Nigeria's Interswitch launches Quickteller Business to support the growth of the SMEs across Africa

Quickteller Business will also offer a three-month zero transaction fee incentive for SMEs that sign up now, as part of its launch offer.

Tranglo opens payment corridors to Africa, Latin America

Tranglo also aims to play its part in lowering the cost of remittances in these regions.

Retail Banking