Managers of Wealth Fintech

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”.

Dubai's biggest bank first to support Fitbit Pay, Garmin Pay

Emirates NBD says move comes as wearable payment solutions gain popularity in the UAE

Iraq’s new lender selects ICSFS for universal banking solution

ICS BANKS from ICSFS has been in production and live in Iraq for over 15 years, with clientele of over 25 local and foreign banks.

JB Financial Group Signs a Strategic MOU with CIMB Niaga for the Open Banking Platform Business in Indonesia

The cooperation will drive greater financial inclusion in Indonesia and contribute to building financial stability in the financial services industry.

Thailand's KBank, Japan's Line form JV in digital banking push

Thailand fourth-largest lender Kasikornbank Pcl (KBank) said on Wednesday it formed a joint venture with Japanese mobile chat app operator Line Corp to tap into its network of users to grow personal loans.

Bahrain Credit partners with Clayfin to digitalise retail banking

Clayfin focuses on providing digital banking experience solutions to the financial institutions. It caters to retail, corporate and SME banking businesses.

StanChart first in Hong Kong for digital savings account on-boarding

Through the blockchain proof of concept, the participants were able to monitor loan agreement revisions, comments and the sequence of approvals, as well as tack an audit every change before the deal was closed.

Japan’s Retail, Banking Sectors Reacting to Disruptive Technologies

Though Yamada joked that the United States had pioneered online banking as a reaction to poor service in its banks, he admitted that changing banking habits are a headache for companies such as Mizuho, leaving them with underutilized real estate.

Retail Banking