08/08/2023
Making Good on the Promise of Open Banking Requires Technology and Solid Execution
Globally, the open banking market is expected to grow to $43 billion by 2026 from its value of $7 billion in 2018.
Mobile Banking
08/08/2023
Tabit and Jifiti team on embedded lending proposition for Canadian B2B
The solution is powered by Jifiti’s robust embedded lending platform and white-labeled for the merchant.
08/07/2023
Mobile wallet top-ups decline by just over $31 million
The regulator further noted that as a result, person-to-person (P2P) transactions contracted by 20.2 percent compared to the same period in 2022.
08/07/2023
Banking scam — international crime syndicate targets South Africans using smartphones
The banking ombud, Reana Steyn, has sounded an alert after her office recently received about 124 near-field communication (NFC) fraud-related complaints.
08/07/2023
PLS selects Green Dot for emebedded finance
PLS’ ability to offer customers a full range of both traditional and alterative financial services in a single outing provides substantial value to its customers.
08/03/2023
First Federal Savings & Loan of San Rafael signs with Bankjoy
The bank plans to implement Bankjoy’s newly enhanced Online Account Opening solution, which will enable a fully automated, secure and streamlined onboarding experience for new customers while helping First Federal grow deposits.
08/03/2023
Apple Card Savings reaches $10bn in deposits
The tech giant’s 4.15 per cent savings account in partnership with Goldman Sachs has boomed over the past four months.
08/02/2023
Flutterwave Enhances Send App With US and Canada Remittance Support
The app has also added Egypt and Senegal as the newest recipient countries in its network.
08/02/2023
Skipify and AmEx partner to ease checkout process
The firm says that customers benefit from not needing to manually enter their payment and billing details
08/02/2023
CMC Markets rolls out TrueLayer payments in the UK and Europe
With TrueLayer payments, customer details are also instantly pre-populated and have strong customer authentication (SCA) built in, further reducing friction and the risk of fraud.
08/01/2023
KIB launches all-new state-of-the-art corporate online banking platform
customers can tailor their Corporate Online Banking experience to match their role within their organization
08/01/2023
European Depositary Bank appointed by Aarna Capital to deliver Digital Banking solutions
Clients such as Aarna Capital can open multi-currency accounts and manage their day-to-day transactions, including global payments, FX requirements and cash management through automated money market sweeps from a single online dashboard.
07/31/2023
Plaid to Introduce Instant Payouts with FedNow Support, in Collaboration with Cross River Bank
Cross River will be among the first bank partners to offer support for Plaid’s real-time payment solutions
07/28/2023
The collapse of SVB: four months on with Intellias’ Musiy
Further collapses in Europe, notably Switzerland’s Credit Suisse, suggested fragility in the banking economy’s health was global.
07/25/2023
PSD3 will bring fairness to payments
There has been little-to-no significant innovation since Visa and Mastercard first introduced
07/24/2023
Amazon rolls out palm payment tech to 500+ Whole Food Market stores
They can then complete the enrollment process in seconds by scanning their palm over an Amazon One device the next time they visit a participating store.
07/20/2023
GXS Bank Expands Access to Savings Account, Raises Deposit Cap to S$75,000
The GXS Savings Account aims to encourage better saving habits with a feature that allows customers to allocate funds into different Saving Pockets for their savings goals.
07/19/2023
Ecolytiq joins Mambu marketplace
The partnership will offer financial service providers more options to engage with sustainable banking.
07/18/2023
OakNorth Credit Intelligence updates climate app for bank loan risks
Transition risks can arise from the process of adjustment towards a low-carbon economy, with a range of factors influencing this adjustment.
07/18/2023
TSB mobile and Internet banking goes down
The problems appeared after the bank shut customers out of its mobile app and online banking service for nine hours over the weekend to conduct "essential maintenance" work.