Managers of Wealth Fintech

Top 10 Use Cases For ChatGPT In The Banking Industry

With the rise of AI, banks can now leverage generative language tools like ChatGPT to improve productivity, streamline operations, and enhance their services.

Touch ‘n Go Implements Security Features Laid Out by BNM Ahead of Deadline

Authentication of electronic banking transactions is now restricted to one mobile device or secure device per account holder.

Airwallex secures China Online Payment License via acquisition

The acquisition received approval and endorsement from all relevant China regulatory authorities.

Innovate Finance calls for better transparency in Open Banking

Regulation of open banking needs to be “more inclusive and transparent” such as a wider push of variable recurring payments technology along with a framework that is “incentive “.

Which UK neobank performed best in its latest results?

Starling and Revolut swung to profit in 2021, while Monzo was left in the red. How else did their performance weigh up?

QNB launches new Internet and Mobile Banking platforms

The new dashboard allows the Bank’s customers to easily view and access multiple services and features including all their customer accounts, credit cards and loans

Gen Z budgeting app Buddy partners with Klarna Kosma to double active customers

The Stockholm-based personal finance app is making it easier for young people to take control of their finances.

Microsoft adding AI-powered Bing chatbot functionality to mobile, Skype

Users of Skype on all platforms will also have access to Bing's newly discovered intelligence, reported GSM Arena.

Santander taps Salesforce to support UK firms expanding overseas

The platform, launched in 2022, brings together an international ecosystem of expertise and knowledge to help businesses overcome trade-related obstacles

Neobanks Use Digital Compatibility to Their Advantage as European Legacy Banking App Downloads Stall

The study of Google Play Store downloads has shown that out of the analysed apps, neobanks have made the biggest gains in 2022.

Intesa Sanpaolo invites staff to test app for digital bank

The digital banking initiative is part of Intesa Sanpaolo’s 2022-2025 business plan, which includes a €4.8bn investment in technology.

UK reaches 7 million Open Banking users milestone

The upward trend comes just one month after the completion of the CMA Roadmap

UK open banking users swell to seven million

The positive spin put on the numbers contrasts with the downbeat tone adopted by outgoing OBL trustee Charlotte Crosswell when she handed in her end of term report earlier this month.

Metaverse is offering digital twins to help Fintech industry

Digital avatars can with bank staff and other customers in the nearby future.

Saudi fintech Hala acquires Paymennt.com

This is the second acquisition for Hala since its inception in 2018.

Accelitas adds real-time data to bank account validation service

Real-time transactional data helps Accelitas lower risk for their clients through stronger points of validation, and also streamlines end user experiences via faster decisioning.

UTP releases mobile card reader tapeeno in UK

Successfully trialled in the UK for two months, tapeeno offers customers a quick, easy and flexible card payment solution

Starling Bank now offers fixed savings rates for SMEs

The bank launched its first savings product for personal customers back in December.

Banking Tech Awards 2022 Winner: Updraft – Best Digital Initiative for Lending

“We educate and empower our members, we turn them from borrowers to savers and help them make changes that pay off, allowing them to live confident and financially carefree lives by lifting them out of debt,” says Aseem Munshi, CEO and founder

AmEx taps Microsoft for expenses tool

Microsoft will pilot the solution with its employees, by integrating it into the company’s internal expense system later this year.