Managers of Wealth Fintech

E-Wallets Rise as Leading Payment Method in Southeast Asia

Indonesia and the Philippines lead in e-wallet usage, with 92% and 87% of respondents, respectively, using the payment method, especially QR payments and mobile payment apps.

Over 62% of UK cite mobile app fraud as top concern

Findings showed a growing awareness of social engineering scams, with 55.1% reporting “vishing” as top risk.

Cashless Future: Mobile Payments surge as cash disappears in the Nordics

The report highlights a striking contrast between merchants’ confidence and consumers’ apprehension.

AperiData rolls out open banking credit score

The vendor cites the case of an unnamed lender which used the data generated to to overturn and approve nine in ten marginal declines from traditional CRA ratings.

M2U app now comes packed with improved features

This time, Maybank Philippines is elevating the digital banking experience with the launch of the optimized M2U.

Lakeside Bank selects Volante’s PaaS for RTP processing

This is expected to deliver several advantages to the bank’s commercial clients, including immediate fund access, enhanced cash flow, and reduced settlement risks.

MeDirect cements role as Malta’s digital bank

Only Maltese institution providing a wealth of investing, retail and corporate banking services, all through a market leading mobile app and online banking platform

Standard Bank, Absa and Nedbank are hunting for South Africans with these skills

The rapid adoption of digital banking in South Africa is mainly due to increased mobile penetration, growing access to the Internet, and a rising consumer appetite for convenience and efficiency.

Forrester’s 2024 North American Digital Experience Review: Banks Must Differentiate Their Mobile Banking Apps Better To Create Value For Customers

U.S. Bank’s app offers a strong user experience

Meta program helps U.K. banks take down scammers' social accounts

During the pilot stage, two banks shared fraud data with Meta: NatWest and Metro Bank.

Intrepid Credit Union Partners with Alkami to Launch New Digital Banking Platform

The upgrade represents a significant leap forward to provide new tools and features for Intrepid Credit Union’s members to empower them on their financial journey and deliver a best-in-class user experience.

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