Managers of Wealth Fintech

BNP Paribas Partners with Token to launch “Instanea” instant payment initiative

Token’s open payments platform is driving the shift from traditional payment methods to A2A payments.

Icici registers one million users from other banks for mobile payments super app

In addition, they can open a savings account and apply for a home loan or credit card with Icici.

Fintern taps AI and Open Banking to enter consumer loans market

The company is focussing on the sub-£5000 lending market, targeting consumers who may be resorting to high-cost lenders and buy-now-pay-later schemes to manage their lives.

TerraPay forays into Bank Account payments in the USA and Canada to facilitate same day international money transfers and cross border remittances

The Company is committed towards fostering inclusive digital mobility for all and is building a credible digital payments highway, beyond borders.

Anti-virus mogul John McAfee charged with fraud over crypto promotion

McAfee indicted in federal court over schemes that promoted cryptocurrency offerings on social media

Top Egyptian Bank Selects Temenos

Temenos’ digital banking platform will help Suez Canal Bank drive sustainable growth and financial inclusion in country where more than 40 million are unbanked

Canadian challenger Koho adds to product line with fee-free savings account

The average interest rate offered by the big banks is only 0.05%, leaving Canadian consumers with a banking system that has not effectively evolved with their current needs.

FinTechs Set The Stage For Open Banking Adoption Catalyst

The Open Banking industry is a catalyst for transforming the way banks and FinTechs in the region interact with one another.

Klarna confirms mammoth $1 billion fund raise

The company says it intends to pledge one percent of the capital raised to a new initiative that addresses sustainability challenges around the world.

Bank One bags Citigroup’s STP Performance Excellence award

Bank One successfully achieved an STP rate of 100% (USD) and 99.8% (Euro) for treasury payments and 98.80% (USD) and 99.65% (Euro) for commercial payments.

NatWest initiates Open Banking payments for business customers

He says the bank is currently working on plans to enhance its Open Banking compatibility

Time for a digital scale-up in Africa to unlock the continent’s untapped creative economies, panelists say

The Africa Investment Forum was working to promote content deals as well as digital infrastructure projects to advance creative industries, including support to smaller players

Go "beyond banking" with an open, customer-centric ecosystem

The study reveals that open banking enables institutions to offer a wide range of innovative products for private and corporate customers, in cooperation with third-party providers.

How the EU is catching up to the U.K. in open banking adoption

TrueLayer raised $25 million in September 2020, PayPal Ventures put £9 million into Modulr in November 2020, Tink raised €85 million in December 2020, and Token raised $15 million in January 2021.

UAE BaaS provider NymCard launches fully public APIs for MENA

Said to be built from the ground up, the objective of NymCard is to simplify the complex world of payments by bridging the gap between old legacy systems and modern cloud-native API first platforms.

Receipt Bank rebrands to Dext as it passes 1m users

A shiny new name and logo for the receipt-scanning fintech.

Mastercard and Deutsche Bank deepen collaborations on digital payments

This starts with card issuance and merchant acceptance and extends to cover payments clearing in the domestic and foreign markets as well as additional services such as currency hedging, cash flow forecasting or even fraud management services.”

BBVA records jump in customer acquisition through digital channels

Out of all of BBVA’s customers in Spain, 67% are digital and 61% use their cell phones to engage with the bank.

Banking industry-funded police unit cracks down on Covid-19 scams, preventing £20m of fraud in 2020

The unit remains on the frontline in protecting the public against fraud and is currently investigating over 150 live cases, including several Covid-related scams.

Why fintech is on the brink of rapid expansion in the GCC

The GCC is catching up with developed markets in terms of financial inclusion

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