09/20/2019
Wells Fargo to Pilot Internal Settlement Service Using Distributed Ledger Technology
Wells Fargo Digital Cash will drive operational efficiencies, including longer operating windows and real-time processing
Retail Banking
09/19/2019
Wells Fargo Unveils DLT-Based Cross-Border Transfer Program
The company is said to have successfully tested the concept of money transfers between the United States and Canada.
09/12/2019
Gulf International Bank Wins Eight Awards
GIB’s shariah compliant digital retail bank, meem, scooped six awards and its Global Transaction Banking (GTB) business won two others
09/12/2019
Tech Disruption In Retail Banking: GCC Banks catching up
Technology and industry structure present a moderate risk of disruption.
09/11/2019
Singlish OK for OCBC's new voice-activated service
The new service has helped with more than 20,000 voice requests since Aug 19, said OCBC.
09/11/2019
Exclusive Interview: Sola David-Borha speaks on technological innovation at Standard Bank
Standard Bank is bringing fintech innovation into its fold through a variety of cutting edge investments.
09/11/2019
PayThink Big tech is turning banks into dinosaurs
Banks are not going anywhere.
09/11/2019
Kuda, Nigeria’s First Digital Bank, Secures USD 1.6 Mn In Pre-Series A
Kuda, formerly known as Kudimoney, was founded in 2018.
09/10/2019
‘Ecobank leveraging technology to expand financial inclusion’
He stated that Ecobank had built an ecosystem that leverages digital technology to bring affordable, easy and convenient financial services to the people and businesses.
09/09/2019
GCC banks getting better with tech adoption, S&P says
In the UAE, the number of bank branches has been falling since December 2014
09/06/2019
Kenya bank deploys WhatsApp to boost engagement
In a related article, CapitalFM explained the bank will use WhatsApp to offer services including opening accounts, transfers, loans, paying bills and purchasing goods.
09/06/2019
GTBank adjudged Best Digital Bank of the Year
The Digital Innovation & Excellence Awards recognize and celebrate outstanding achievements and contributions towards the digital transformation of the BFSI sector.
09/04/2019
Robo-adviser to enter mortgage market
OpenMoney will initially target first-time buyers covering the duration of the house buying process
09/03/2019
Ithmaar Bank upgrading systems to further boost customer experience
The new CRM will help us to serve our customers faster, better and smarter,” said Abdul Rahim.
09/03/2019
Nedbank moves its IT into the cloud with Microsoft deal
Nedbank uses Microsoft Azure, Office 365 and Dynamics 365, which include layers of security and data residency to ensure compliance with local regulations.
09/02/2019
Africa's Biggest Bank Targets Small Shops in Fintech Deal
Using Nomanini technology, Standard Bank will collect and analyse data on the retailers.
08/30/2019
Visa CEO says region’s cash-reliant days are numbered
Number of payment cards in MEA is predicted to reach 910 million by 2021
08/30/2019
The European race to provide real-time payments
As financial services players consider their options for instant payments, reachability will be key.
08/29/2019
Why private label banking apps and products are on the rise
Businesses looking to develop new offerings and product functionalities can now easily outsource entire technology stacks and tedious regulatory administration.
08/26/2019
Banks told to tighten security after payments data breach
The attack is the second breach of the PayID system since June and has experts asking why extra protections were not in place to prevent it from happening again.