01/03/2020
How real-time tech casts a lifeline to banks' online bill pay
Payrailz, launched in 2016 by a group of bank technology veterans, is one of various payments innovators working to tame consumer bill payments through banks.
Retail Banking
01/03/2020
iFast leads Chinese partners with bid for Singapore digital wholesale bank licence
A group led by gaming company Razer and partners Grab and Singtel have put in their bids for one of two digital full bank licences on offer which allow for retail customers.
12/27/2019
Asia is overtaking the US in cashless payment
Will 2020 mark the start of a cashless society? It may be for some nations.
12/27/2019
Saudi’s HyperPay raises eight-figure investment for its payment processing platform
Even though HyperPay did not disclose the exact size of investment, given the investors involved, it would be safe to assume that it is between $10 to $15 million.
12/27/2019
Malaysia to open up banking sector to up to 5 new online lenders next year
The move by Bank Negara Malaysia comes as regulators across Asia opening up banking sectors to new digital players using technology to offer financial services.
12/24/2019
Commercial Bank wins three awards from Global Finance for digital innovation
Receiving these three awards from a renowned awarding body reflects the strength and breadth of our best-in-class digital products and validates our strategy of investing in innovative technologies.
12/24/2019
National Bank of Oman Elevates Customers’ Experience With Updates on Digital Wallet
National Bank of Oman has upgraded its mobile wallet to include a host of new features that make digital payments even easier.
12/24/2019
From Interswitch to OPay: Here are Technext’s Top 5 Fintech Players of 2019
With the high influx of funds and the emergence of more startups together with the growing technological innovation, Fintechs became the leading force driving financial inclusion
12/22/2019
RCBC, fintechs launch P100 billion fund for MSMEs
The open-ended fund will provide alternative funding for capital and operational requirements of MSMEs through the sale and purchase of invoice receivables and other movable assets registered by invoice receipts, certificates, or contracts as defined by t
12/22/2019
KFHOnline total transactions exceed 10 million in one year
Mandani: Digitization vital pillar of KFH strategy
12/20/2019
Saudi fintech startup Lendo set to unlock invoice financing for SMEs launches
Lendo is developing a community of borrowers and sophisticated investors that enables SMEs and investors to match each other through the P2P model.
12/20/2019
Report: Pressure on retail banktech as relations change
Not very long ago, the bank and fintech landscape was marked by indifference and denial or even rejection, but like global warming, the industry’s climate has changed rapidly,
12/19/2019
HSBC invests to boost digital capabilities instead of building a virtual bank
Since traditional banking infrastructure is challenging to modernize, most traditional financial institutions are exploring the option of setting up separate digital-only, virtual banks.
12/19/2019
Darlington Building Society adopts Iress software
Darlington Building Society has adopted Iress’ mortgage processing software.
12/18/2019
Tech to topple banking: RBA
Technological changes in payments are also challenging banks' core role in facilitating payments.
12/18/2019
Mastercard extends pact on carbon footprint tracking
Mastercard and Doconomy originally announced a collaboration in February to launch a mobile banking service that lets users track their carbon footprint.
12/18/2019
Mashreq migrates to the Microsoft intelligent cloud
UAE's oldest private bank us Microsoft to accelerate its digital transformation
12/17/2019
PromptPay a game changer, says Citi
Technology changes the customer journey, writes Chiratas Nivatpumin
12/17/2019
Metro Bank bolsters UK SMEs with new MCash technology
It’s another example of the game-changing digital innovations that Metro Bank is bringing to the market to help give our SME customers the edge in today’s competitive market.”
12/16/2019
Rule Change Could Help Tech Firms Advance Into Banking
Potential change in deposit classifications could have big implications for future of bank-tech partnerships