Managers of Wealth Fintech

HSBC rolls out facial recognition for mobile

Customers in 24 countries who have an iPhone X can use feature to log into HSBCnet

HSBC launches Connected Money app

Connected Money also has a spending analysis feature, shows customers how much money they will have after bills, and in-app messaging for insight into finances.

Samsung Pay launches UAE online payments option

UAE is the first country in the Middle East where Samsung Pay has been enabled

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Among emerging markets, China and India are leading the digital wallet revolution

Gruppo Banca Sella unit to acquire Vipera

SOFP was recently set up by Sella to act as a holding company for its fintech business, taking on the family-owned bank's POS, ecommerce and credit card acceptance business.

Ping An Good Doctor Starts Preparing $1.1 Billion Hong Kong IPO

Ping An Insurance’s technology units, including the OneConnect financial management portal, have been raising capital ahead of planned listings this year.

HSBC PH gets BSP approval

The HSBCnet Mobile app is a major step towards allowing chief financial officers, treasurers and their teams to work more flexibly and securely, while staying connected to their core functions and responsibilities.

Goldman buys personal finance app Clarity Money

Founder Adam Dell becomes partner as Wall Street bank expands digital revenue sources

Allianz X invests $35 million in leading Southeast Asian mobile platform GO-JEK

Allianz becomes GO-JEK’s sole international insurance shareholder

Mobile banking and instant compliance

M-PESA not only disrupted the traditional financial systems, in developing countries, but it has also provided the impetus for others such as Apple Pay, Venmo, Android Pay and so on to be developed.

Danske Bank to integrate Minna subscription management platform

The Danske Bank deal adds another 2.4 million customers, meaning that Minna will be serving seven million people in the Nordics.

Mizuho Becomes First Japanese Bank to Deploy FIDO Solution

In announcing the move, Fujitsu Limited VP Michihiko Ejiri said it makes Mizuho the first Japanese bank to deploy a FIDO certified solution

Citi To Roll Out New Features For Its iPhone Mobile App

What’s more – in what it said is a first for a national bank – Citi said the app will allow non-Citi clients to create a profile and connect their accounts across financial service providers

Orange targets Africa to increase mobile banking operations

French telecoms group seeks banking licence covering 8 countries in west African union

Coutts weekly update: Facebook reels but tech still reigns

The Facebook data scandal is a harsh reminder that, while technology remains crucial to the economy and our daily lives

New Payment System Operator moves ahead

The 12 members of the End User Advisory Council [listed in full in notes to editors] have been appointed based on their ability to independently represent the interests of end-users, rather than any organisation.

Nordic Capital buys Swedish online banking payments firm Trustly

Several deals in the sector have been announced over the past year, including private equity group Permira’s investment in Sweden’s Klarna and a private equity bid for Paysafe Group.

Digital banking users to hit 2bn in 2018 –Report

The firm said it expects that the number of global mobile banking users will now overtake online users in 2018, two years earlier than previously anticipated.

Grab and Chubb sign partnership to provide innovative in-app insurance solutions throughout Southeast Asia

The partnership was announced as part of the launch of Grab Financial, the fintech platform within the Grab ecosystem.

Technology driven 2018 payment trends in South Africa

Poor telecommunications infrastructure meant that Africa never really had to deal with legacy communication technologies.

Mobile Banking