Managers of Wealth Fintech

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.

Bank of the Bahamas Selects Newgen Software to Automate Retail Lending and Account Opening Processes

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.

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.

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

Brazil Launches Nationwide Instant Payments System

During a demonstration, the bank showed the platform being used to pay for everyday purchases, utility bills and taxes and to transfer funds between accounts.

Credit card company is developing technology that will recognise you from the way you WALK

They would automatically open if matched person's walk with valid bank account

Affin Bank crowned winner of ‘Best Digital Customer Experience in SME Banking’

The bank is picked for its active role in providing the SMEs with meaningful propositions by being a key partner throughout their business journey

Nikolay Storonsky’s Revolut freezes accounts in money-laundering bungle

Digital bank says sorry after wrongly suspecting customer

CIMB Bank Singapore Introduces Virtual Account with Distinct Benefits for Corporates

Banking need not be so complicated in today’s environment, and we intend to provide financial services and solutions for a better banking experience,”

Barclays scraps Big Brother-style spyware on staff computers

The software, which was provided by Sapience, told staff to “avoid breaks” as it monitored their productivity and recorded toilet breaks as “unaccounted activity”.

PayPal thinks it has the answer for small business lending in Australia

It also sees identity verification as the biggest value of the Consumer Data Right.

Bahrain's GFH buys 70% stake in Dubai Fintech major Marshal

Dubai-headquartered Marshal, established in 1981, is the largest and oldest enabler of payment technology in the Middle East

3 Benefits Of Open Banking For Small Businesses

Two years on from its launch in the UK, only three fifths (60%) of UK small business decision makers know about Open Banking and are therefore unaware of the profound differences it could make to their business, and the global economy.

Biometrics invade banking and retail

The system would link your palm image to a payment card.

Mastercard to open European Cyber Resilience Centre

Mastercard is launching an interim centre this spring, with the official facility expected to open in 2021.

Creating LATAM’s Commerce ‘Digital Value Chain’

The ultimate goal is to provide what she termed a “friendly” process for the consumer, who can provide requested credentials easily, through the aid of technology — such as verification via facial recognition enabled by their mobile dev

Inside Revolut and Monzo’s mammoth funding rounds

With a series of fintech mega-rounds on the horizon, investors and industry experts weigh in on the upcoming raises — and the dangers they reveal about the market for challenger banks.

Deutsche Bank looks to Big Tech players for digital overhaul

In a memo released in October 2019, the firm commented that “To succeed, we need to fundamentally shift how we build technology and move to a new way of working.”

Wells Fargo to Cut Hundreds of Manila Workers in Tech Overhaul

The bank will eliminate about 700 positions in Manila.

Retail Banking