Managers of Wealth Fintech

We will never open a bank, says Avaloq CEO Greweldinger

Many fintech firms seek banking licences to boost valuations, which leads to easier funding access and smoother exits. This, however, is not Avaloq’s strategy.

Firm Floats Seamless Multi-currency Banking Solutions

We believe that by offering multi-currency accounts and utilizing advanced AI, we can create a more inclusive and efficient banking system for all.”

Indonesia’s Krom Bank taps AWS Cloud for digital banking upgrade

Using a combination of AWS Cloud, GenAI and other managed services, Krom Bank shall boost its efforts to provide new services to underbanked Indonesians, including facial recognition, e-KYC, and other tailored offerings.

Old Second National Bank selects Newgen Software’s digital account opening solution

The Aurora-headquartered bank will deploy the vendor’s digital account opening solution to “help automate the complete lifecycle of the account opening process

MTN Converged Solutions announces impactful partnership with Cloudflare

MTN Business will leverage Cloudflare’s DDoS mitigation service to help African businesses protect their operations and thrive in the digital age.

Dutch neobank Bunq aims to increase headcount by 70% before end of 2024

Bunq notably stepped into 2024 with a net profit of €53.1 million for the previous year

Moldova's Victoriabank taps Salt Edge for opne banking compliance

There has been a noticeable surge in interest among Moldovan banks in aligning with PSD2 standards.

Affinity Plus FCU signs Lumin Digital for online and mobile banking revamp

The credit union will introduce new features including customised spending insights, financial guidance, tailored savings goals, and fraud protection.

Forrester: Mobile Banking Innovation Gap Widens In Australia

Only two of the big four Australian banks, Westpac and CommBank, offer personalized features that proactively anticipate customer needs

Enfuce brings 2-in-1 debit and credit card to UK

Finnish-founded card issuer and payment processor Enfuce is bringing its two-in-one debit and credit card to the UK, France and Germany.

Vision Bank launches digital banking app in Saudi Arabia

The licence was eventually granted by the authority just less than two years later

BPI wins in Asian Technology Excellence Awards 2024 for new banking app

The effective utilisation of this technology has slashed release cycles by 25%

4 Major BankTech partnerships in MENA in August 2024

The newly launched app has already seen a substantial uptake, with more than 100,000 users adopting the platform.

Australia’s MyState Bank taps Backbase for Engagement Banking platform

The integration comes after the bank previously unified its core banking systems in 2017, when it replaced two systems with TCS Bancs from TCS Financial Solutions.

Sure Connect for Microsoft Teams launches amid surge in Teams usage

With the same trend reflected locally, it is critical that businesses have all the tools to take advantage of the latest improvements and capabilities of the platform.

How Fintechs Can Create Bank-Grade Technology

This quality standard forms the essential base for fintech companies whose goal is to serve large organizations effectively, accurately and reliably.

NBK Unveils Payment Verification Service on Its Mobile Banking App

After enabling NBK Push Notifications, customer can initiate purchases through the NBK Mobile Banking App

SeaMoney Among Major Players Vying for Thailand’s First Virtual Bank Licences

The company currently offers payment and lending services through ShopeePay and SPayLater in Thailand, and its parent company operates MariBank, a digital bank in Singapore.

South African Location Bank announces integration with Apple Business Connect API

Through Apple Business Connect, business owners can also easily update their place cards with photos, hours, website information, and more.

Philippines Pushes for Digital Wage Payments to Boost Financial Inclusion

Digital wage payments are seen as a key driver of financial inclusion.