Managers of Wealth Fintech

Pipit Global Enters 12 New African Markets with Cellulant

Pipit’s and Cellulant’s partnership will see the development of ‘for-purpose’ remittances.

VTB Bank introduces AI to speed up client services

The potential of the technology is there will be an increase to 40-50% of the share of requests, the processing of which can be automated and thus accelerated several times - from 50 to 90%, depending on the specific business case.

Monese acquires freelance service provider

This partnership brings together two European fintech companies with a shared vision for the future of financial services and a deep passion for engineering excellence in product development.

AIB signs €65 million deal with IBM

Graham Fagan, group director of enterprise technology & cloud engineering, AIB, comment: "As financial organisations progress on their cloud journeys, they need an approach that allows various cloud-based applications to work in concert.

Revolut granted full banking licence in Lithuania

As of the end of Q3 2021, Revolut Bank UAB has received resident deposits of €395 million and provided almost €12 million in loans to residents.

ING Bank Śląski goes live on Thought Machine's Vault

Vault can run any type and size of bank on a single platform, and is cloud native and cloud agnostic to support any deployment type by a bank, on any cloud provider.

DBS Digital Exchange Adds Payment Firm as Member

FOMO Pay was founded by ex-Visa executive Liu in 2015 to connect merchants to digital payment methods like e-wallets and credit cards.

Finastra and Liquid forge crypto pact

Through integration with Finastra’s Fusion Essence core banking solution, QEX will enable banks to meet rising interest in cryptocurrency by offering services including buying, swapping and payments.

Malaysia’s KAF to Launch Digital Lending on the Temenos Banking Cloud

Temenos enables KAF to offer conventional and Islamic financing on a single platform and extend to full digital banking in the future

Melanion Capital Launches the world's first ETF UCITS Linked Bitcoin with the Support Societe Generale Securities Services

The UCITS label, the highest European standard in fund regulation, makes distribution to a broad public possible, and the ETF guarantees investors access to an envelope listed on a stock exchange with its very secure operating rules.

Irish banks’ mobile payments plan hits roadblock

A second application was made to the CCPC in April with a launch scheduled for early 2022 pending regulatory approval.

BIS, Bank Of France And Swiss National Bank Conclude Successful Cross-Border Wholesale CBDC Experiment

It continues the experimentation conducted by the SNB and the BIS Innovation Hub under Project Helvetia and is part of a series of wholesale CBDC experiments initiated by the BdF in 2020.

South Africa’s Tyme Bank Raises $180-Million from Tencent & CDC Group

The investments will enable Tyme to use its digital infrastructure to accelerate the rollout of financial services to TymeBank’s mass-market customer base.

Fintech Rapyd Expands APAC Footprint

Rapyd bundles a range of digital payments-related services for businesses

Former TSB chief moves into fintech with social network for money

City sources said that Loop had raised a round of seed funding from a group of wealthy investors, and was now preparing for a larger Series A fundraising to take place in early 2022.

WeLab Acquires Indonesian Commercial Bank

Welab Sky has already completed a strategic investment for a 24 percent stake in BJJ.

BankiFi announce co-development deal with The Co-operative Bank

The cash will be applied to the development of further products for the SME market, beginning with cash management.

Saudi Arabia to allow more digital banks, central bank governor says

The kingdom this year issued licences for its first digital banks, STC Bank and Saudi Digital Bank

Saigon Commercial Bank picks BCB as tech partner in Vietnam

The bank has selected the SmartVista ATM switching and card management system for its peerless, user experience design and the flexibility to configure products to suit the bank’s specific requirement - without the need for coding or additional inve

Italy's Banca Carige rolls out first of its fully digital branches with Auriga

To guide customers, branch staff perform Meeter and Greeter roles to help users familiarise themselves with digital devices, as well as authenticate them.

Retail Banking