03/08/2022
Singapore’s Digital Banking Platform IN Financial Technology Acquires MyCash
It is also considering an IPO in Singapore by 2025 which may increase the company’s valuation to $500 million-$1 billion.
Mobile Banking
03/07/2022
Danish challenger bank to offer "fast" and "easy" online payments
The Danish challenger bank has been steadily building its business offering, which now has 15,000 customers.
03/07/2022
Gig economy subscription app SteadyPay raises $5m
With the new funding in place, SteadPay says it will add more products to the app, including an embedded B2B specific offering.
03/04/2022
Open Banking has a branding problem
Open Banking is fundamentally changing the payments landscape and promises to end the dominance of cards.
03/01/2022
Cheddar expands into open banking with acquisition
Payments platform moves for Upside, a marketing platform connecting retail brands with consumers by offering personalised cashback
02/22/2022
GoDaddy introduces QR codes for on-the-go transactions
Their customer simply needs to scan the QR code from their own smartphone and complete the transaction using their preferred credit or debit card
02/21/2022
Deutsche Bank Warns Staff Not to Delete WhatsApps Amid Scrutiny
It also reminded them that using messages sent from private phones for business is a violation of company policy.
02/21/2022
Preparing for the future of banking
Digital advancements and enhanced call centre and chat service support are making going into a branch largely redundant these days, with 24/7 access available across channels.
02/18/2022
Cloud data transfers and employee monitoring to get CNIL 2022 focus
The CNIL said its work in relation to cloud services is part of broader coordinated enforcement activity it is involved in undertaking under the auspices of the European Data Protection Board.
02/18/2022
Ofcom softens position on UK mobile market consolidation
Ofcom set out its position after citing changes in technology and consumer demand in recent years.
02/18/2022
UK reaches milestone of 5 million open banking users
A significant moment as the OBIE attempts to turn a new leaf.
02/18/2022
Amazon and Visa strike deal following interchange dispute
The resolution between the US card issuer and the US e-commerce giant, which will spell good news for the fintech industry, follows month of negotiations.
02/17/2022
QIB launches new 'instant finance against deposit' feature on its mobile app
All transactions can now be completed within a few steps and customers will reap the benefits of the advanced
02/17/2022
TSB partners with BankiFi to launch Revenu app for businesses
On average, SMEs in the UK are owed over £6,000 in late payments.
02/17/2022
NatWest and RBS to shutter 32 branches in England and Wales
The Covid-19 pandemic has accelerated the trend of online banking and the subsequent closures of bank branches throughout the UK.
02/16/2022
Want to make digital transformation happen in a bank? Your secret weapon isn’t shiny new software. It’s culture.
“Whether those cultural shifts are breaking down silos, rethinking your three lines of defence model"
02/15/2022
UAE Digital Bank Zand Wins Franklin, Aditya Birla Backing
Digital banks have taken off with the spread of finance technology in Middle East
02/15/2022
Why cloud adoption is on the rise in banking
Recent research which measured 21 medium-size and large banks’ sentiment and operations regarding cloud technology, examined the relationship between cloud technology and banking professionals.
02/15/2022
UnionBank fintech arm sees sustained growth this year
UBX enables interoperability among different financial institutions by making data more accessible and portable.
02/15/2022
Sustainable finance app Novus goes live
The crowdfunding effort came off the back of a pre-seed investment secured last Spring