Managers of Wealth Fintech

Britain's Metro Bank hit by fraud attack

The news of the fraud attack follows a turbulent few weeks for Metro, an upstart retail bank founded in Britain in 2010 by U.S. businessman Vernon Hill.

Standard Chartered ls Rolling Out Digital-Only Retail Banks In Four African markets

We are thrilled to launch the second phase of our digital-only retail banks across other African markets

Russian Lender VTB Patents Blockchain Payment Technology

The Russian state-controlled bank VTB has patented a technology for blockchain payments as it moves to offer distributed ledger-related services to its customers. What will the big bank do with the tech now that it has a patent secured?

UniCredit ordered to tell clients about breach of mobile bank accounts

The incident has been closed and resolved both with clients and competent authorities,” the bank said.

BNP Paribas goes deeper into the cloud with IBM

IBM says that the new cloud approach will enable BNP Paribas to gain agility, ensure the performance of its IT systems and ensure security.

POP Bank Group renews its core banking platform

The transaction is conditional upon Finnish regulatory and Financial Supervisory Authority acceptance

Bank of America embarks on corporate banking tech modernisation

Elsewhere in the US, Discover Financial Services, Marcus (a digital lending platform from Goldman Sachs) and Eastern Bank are also on the Finacle user list.

South African banking apps compared

The graphic below outlines the availability of general services on banking apps.

Mashreq Bank rolls out Samsung Pay

By enabling Samsung Pay for Mashreq debit and credit cards via Snapp, customers can easily add their cards to Samsung Pay from Mashreq’s mobile banking app without having to scan and enter card details.

NAB customers hit by internet and mobile app banking outage

Australian customers of the National Australia Bank have been hit by an outage today affecting their ability to access money.

Qatar National Bank selects iGTB plaform for digital growth plan

QNB's system is designed to make the lender more efficient and and able to handle large volumes of business

Chetwood Financial gets full UK banking licence and new cash

This news come with Chetwood’s latest consumer lending product, LiveLend Reward Loan – “the dynamic loan”, which adapts the lending rates as the consumer’s lending score improves.

QNB revamps payments systems with Infosys Finacle

Finacle is part of EdgeVerve Systems, a subsidiary of Infosys, and its hub enables the bank to consolidate local payment systems QIPS, and QATCH in Qatar into a single platform.

ACI Worldwide Wins ‘Best Payment Solutions Provider Europe’

ACI’s UP eCommerce Payments solution recognized for technical flexibility and cross-border capabilities

Vymo Selected to Accelerate Digital Adoption at Bangkok Bank

Vymo, AI-enabled Personal Assistant, captures rich, contextual data to drive intelligence across sales and distribution teams.

BankDhofar receives prestigious Straight-Through-Processing (STP) Award by CITI

CITI presents the STP Award annually to banks and financial institutions that showcase exceptional quality

HSBC leaves customers waiting for data reforms

HSBC will be subjected to extra monitoring and, if the situation deteriorates, an external consultant could be appointed to oversee the process.

For Digital Banks 2018 Was A Year Of Celebration

Is it really as good as it seems?

Korea to add two more internet-only banks

The new banks’ operations will not be limited to consumer loans, but will also cover business credit for small and midsized enterprises.

Majority in Gulf ‘prefer online banking’

Fournier was commenting on RBBi’s research study on the local banking and financial industry titled “An Analysis of Banking Websites in the Gulf region”.

Retail Banking