03/11/2020
GT Bank Ghana launches Virtual Card for online transactions
The GTBank Virtual Card provides utmost convenience to customers as it enables them to create, fund and use their cards for online transactions and payments anytime, anywhere.
Retail Banking
03/11/2020
Digital lending apps seen slowing down the mobile banking revolution
Subsequently, the cost of living and Kenyans’ inability to live by what they earn has seen the sprouting of digital lending apps, which continue to take advantage of the cost of living pressures.
03/11/2020
ADCB launches digital platform to help UAE businesses
The digital platform offers market insight and companies can seek advice on financial products that would suit their needs
03/10/2020
Digital Transformation: Standard Bank South Africa to Migrate Core SAP Cloud-based Platform to Microsoft Azure
Standard Bank S.A. says it will work cooperatively with Microsoft to create reference architectures, roadmaps, and implement industry best practices.
03/05/2020
Five financial apps to help you manage your finances
Among working urban households in South Africa, 40% of people have no formal retirement savings.
03/05/2020
Coronavirus could hit fintechs hard as card transactions drop
Fintechs’ reliance on the fees merchants pay when consumers make credit and debit purchases will be tested as people stay home.
03/05/2020
Nedbank pumps R10bn into IT strategy
Nonetheless, Nedbank says it is making good progress on its digital strategy and aims to be Africa’s number one digital financial services player.
03/04/2020
Valued at $10B, Nubank launches it’s Nu credit card in Mexico
Nubank was co-founded by Cristina Junqueria and CTO Edward Wible. In the past year, the company has hired three more C-level executives and a new CFO.
03/02/2020
Tech companies eying banking
The banks were run with large manual ledgers, bankers had to put thousands of manual entries in those ledgers each day.
03/02/2020
Dubai’s DIFC, Mashreq Bank launch bank account opening with KYC blockchain platform
The platform will make it easier for new companies to do business in the UAE, removing existing paper-based KYC processes
03/02/2020
Bain & Co: Banks are Losing Customers to Fintech and Tech Giants
According to the research, customers in many countries, but most particularly those in emerging markets, are willing to try banking with a tech company such as Facebook or Google.
03/02/2020
BCG evaluates Commerzbank strategy for German Government
According to the Financial Times, which published the comments in February 2020, the ECB took issue with the lender’s 4% return medium-term goal for equity.
02/28/2020
Deutsche Bank recently released its The Future of Payments research report
They are instrumental in helping retail banks in Italy, Belgium, France, UK, Portugal and Mexico to take a different approach to how branch networks are cut back and how ATMs can be used to generate revenues and offer more services.
02/27/2020
Finablr’s BayanPay secures Saudi Arabia licence
Vision 2030 aims to increase non-cash payments to 70 per cent of all payments by 2030
02/27/2020
Finastra boosts retail banking service with addition of four FinTech apps
With the use of Finastra’s APIs and the intelligent application of transactional and third-party data, these apps bring much sought after experiences to consumers, helping financial institutions deliver on the promise of innovation through collabora
02/27/2020
Al Rayan Bank launches new digital banking app
In addition to this, existing customers who do not have a smartphone will be provided with a free hard-token device that will enable them to continue banking online.
02/27/2020
Bank of the Bahamas Selects Newgen Software to Automate Retail Lending and Account Opening Processes
Bank of the Bahamas Selects Newgen Software to Automate Retail Lending and Account Opening Processes
02/26/2020
Mastercard, Rakuten Viber Team To Bring P2P Transfers To Romania
This partnership is just another example of how Mastercard Send is providing innovative new solutions for customers and consumers all around the world, enabling them to send and receive money – when, where and how they want.
02/26/2020
Mastercard's strategy for open banking addresses risk, trust
The European Union has mandated open banking through its PSD2 regulation, which facilitates bank account-based consumer payments to merchants as alternatives to credit cards.
02/26/2020
Dubai Economy with 6 banks to launch the first KYC Consortium in the UAE
The platform will offer a digital ‘Instant Bank Account’ functionality, allowing for faster and less cumbersome onboarding journey with banks and significantly improving the experience of new investors looking to establish themselves in the UA