08/16/2022
LifeSG App Had Close to a Million Transactions Valued at S$41 Million Since Nov 2021
Singaporeans and its permanent residents can receive government payments via the app, instead of cheques and paper vouchers.
Mobile Banking
08/16/2022
PayPal Ventures invests in Forage
One in eight Americans receive government assistance to buy groceries.
08/15/2022
Fintech firms ramp up investments in Kenya’s microfinance space
UMBA obtained a 66.06% stake in Daraja Microfinance Bank Ltd effective 1 July, after approval by the Central Bank of Kenya on 23 May.
08/15/2022
Practifi Launches New Business Development App for Wealth Management Industry
Cloud-Based Solution Provider's Deal Pipeline Management App Meets Industry Demand For All-In-One Platform That Tracks, Manages M&A Activity
08/15/2022
Scotiabank's new digital payments platform provides real-time services and cash management APIs
Scotia TranXact and the launch of APIs is another in a series of investments by Scotiabank designed to improve the experience of business banking clients in the evolving digital ecosystem.
08/12/2022
ANZ New Zealand taps FIS for core banking
ANZ New Zealand’s current Systematics core banking technology is also supplied by FIS.
08/11/2022
German neobank and crypto exchange Nuri files for insolvency
The company claims its 500,000 customers will have “guaranteed access” to their funds during the process.
08/10/2022
OCBC Customers Can Now Make Direct CPF Top-Ups
Customers can also reap tax benefits through tax relief of up to S$16,000 for cash top-ups made to theirs and their family members’ CPF accounts.
08/09/2022
Fintech challenger Dozens shuts up shop
The company informed customers of the decision to shut up shop in June, giving them two months to transfer their cash to an altenative provider.
08/09/2022
Barclays rolls out Microsoft Teams worldwide
As part of its efforts to better connect employees across its business units and functions, Barclays and Microsoft jointly executed a deployment plan for the use of Teams across the company.
08/08/2022
South Africa’s top banks are warning about these banking scams
These messages typically contain hyperlinks to malicious websites.
08/08/2022
CARDNET Brings Modern Digital Payments to Japan With ACI Worldwide Collaboration
Paying for online services in cold hard cash – impossible right? Not in Japan.
08/05/2022
4G Capital To Expand Its African Footprint With Mambu Cloud Services
Mambu’s platform will enable the neobank to scale and expedite its digital journey to meet customer business needs.
08/05/2022
Capitec SA Experiences Outages on its Banking App
The bank says that IT technicians are currently “doing everything they can” to repair the problem.
08/05/2022
New features coming to eBucks and the FNB banking app
FNB is also adding to its portfolio of FNB Connect products, including fixed wireless LTE packages and smart home deals on its banking app.
08/04/2022
Avaloq survey reveals growing importance of social media and digital communication for investors in Hong Kong and Mainland China -- despite lingering compliance concerns
Advances in mobile technology have greatly enhanced access to portfolio information and frequency of communication.
08/03/2022
The Co-operative Bank selects Finastra Kondor Cloud for modernized treasury infrastructure
Cloud migration digitalizes the bank's processes, enhances integrated ecosystems and enables new opportunity for growth in the UK
08/02/2022
Westpac launches digital mortgages as part of app revamp
Westpac is adding several new digital features to the Westpac app which will be rolled out over coming months
08/01/2022
Bank Islam Selects Cloud Provider AWS to Power Its “Be U” Digital Bank
The cloud provider added that CDX also gains the agility to innovate rapidly to become more customer-centric at a lower cost, while complying with the bank’s stringent security and compliance control requirements.
08/01/2022
Metaverse jobs are disappearing as hiring slows at Google, Facebook
Now, as employers recalibrate their hiring needs and labour budgets amid growing concerns of a recession, that hype has come face to face with a sobering, and fully non-virtual, reality.