Managers of Wealth Fintech

SoftBank-Backed OPay Pauses Ride-Hailing, Logistics Services In Nigeria

OPay is backed by SoftBank and China’s Meituan Dianping.

Major Eurozone banks start the implementation phase of a new unified payment scheme and solution, the European Payment Initiative (EPI)

EPI’s objective is to offer a digital payment solution that can be used anywhere in Europe and to supersede the fragmented landscape that currently still exists.

TSB and Quilter live with Iress’ platform to connect brokers with lenders

In bringing on board both sides of the value equation, we’re a huge step closer to achieving this goal.

Wirecard Complies with MAS Directions to Keep Customer Funds in Banks in Singapore

Wirecard has informed MAS that it is assessing its ability to continue providing its services in Singapore in light of the filing for insolvency in Germany by its parent company Wirecard AG.

TransferWise to offer investment products but has ‘no plans’ to become a bank

The new offering is still in development and will launch “in the next 12 months.

Burgan Bank launches its WhatsApp service

The WhatsApp service is among the quickest interactive and easy-to-use platform that aims to reach out to a wide customer base.

JCB expands its merchant network with 3C Payment in Spain

Spain is a key market for JCB's expansion and this collaboration could be introduced to the other European markets, so we have strategically chosen to partner with 3C Payment because of its ability to provide broad-coverage payment solutions in the T

Legacy banks launch speed boats as digital banking goes global

The pandemic has seen an unprecedented move to online banking, with banks likely to ‘sell’ online products in the future, much as Amazon does

AmBank Group recognised as nation’s best mobile banking and wealth management experience

Customer preference has shifted definitively from desktop computers to the mobile phone to access online services.

PH once again the Pirate’s Cove of the financial world

The self-righteous attitude of supporters of the electronics payment firm — including the press — as well as the business elite’s prickliness about outside scrutiny combined to produce a very German failure

Access Bank excites SMEs with digital cashflow lending

According to him, in order to deliver on its promise to continually give customers more, the bank developed the efficient digital lending platform which will make loan application more convenient with flexible collateral, favourable interest rates, applic

Wirecard, the disgraced German payments firm backed by SoftBank, files for insolvency over €1.3B in loans coming due

It also said it hopes to restructure under temporary bankruptcy measures, and in the meantime Wirecard Bank AG would not be part of proceedings.

Impact Of Technology On Banking Sector

Companies are known to utilize loans to perform immediate hiring practices to build for future demand and expansion strategies.

Embattled payments firm Wirecard collapses into insolvency

Over the weekend, banks in the Philippines said documents produced by Wirecard appeared to be false, and the country’s central bank also said the money had never entered its financial system.

There is more to digital payments in Africa than M-Pesa

Alongside this, mobile money payments have exploded, with the monthly value of transactions increasing 25 times over between 2010 and 2018.

FAB launches eSign technology for secure digital signatures on client documents

FAB eSign allows authorised signers to digitally sign documents anywhere, anytime

Fidelity Bank Ghana: Changing the Banking Status QUO in Ghana Through Innovation

As one of the best banks in Ghana, Fidelity Bank has instituted a set of emergency measures to cushion customers and also to support the Government of Ghana as the battle to defeat COVID-19 wages.

Collas Crill Shares Expertise on Fintech in the Financial Technology Law Review

Each year The Law Review, commissioners of the publication, look to widely respected firms and experienced practitioners worldwide to provide local insight on the law surrounding FinTech and how it is applied.

Xiaomi’s Airstar Bank Debuts as Hong Kong’s Second Virtual Bank

Airstar Bank is owned 90% by Xiaomi and 10% by Hong Kong-based investment banking firm AMTD Group. The bank won a license in May 2019 and started a pilot run in March.

Revolut: A Normal Bank – Unfortunately

The remainder of the letter was devoted to how Revolut was going to make more money from serving its clients.

Retail Banking