02/18/2022
UK reaches milestone of 5 million open banking users
A significant moment as the OBIE attempts to turn a new leaf.
Mobile Banking
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
02/14/2022
i2c Partners with Qatari Fintech Startup
Global issuer processor enables suite of next-gen payment and budgeting solutions
02/08/2022
Vivid Money raises €100m
The new funding will be used to build out a "superapp' with new features and services, to make hires across Europe, and boost marketing efforts.
02/07/2022
As SoFi and a Handful of Challenger Banks Grow Up, Traditional Lenders Should Be Nervous
Doing that allows them to sidestep the need to start a bank from scratch yet offer the same services that the more traditional players do.
02/07/2022
DPO Group to supply payments platform to Rwanda's Bank of Kigali
The new partnership will allow Bank of Kigali customers to access efficient eCommerce and payments services through DPO Group’s robust platform.
02/04/2022
Accenture to Develop UAE National Instant Payment Platform
The new platform lays the groundwork for transforming the financial services ecosystem in the UAE.
02/04/2022
Sberbank launches mobile remittances to China
Leonid Shnyr, director, payments and transfers, Sberbank, says: “We have added one more country to the geography of Sber’s cross-border transfers today. I am certain that remittances to China will be sought after among our clients.”
02/04/2022
First Abu Dhabi Bank, Mastercard introduce virtual corporate debit card
The virtual cards can be created for single- or multiple-use
02/03/2022
Facebook: Daily active users fall for first time in 18-year history
Shares in other social media platforms, including Twitter, Snap and Pinterest, also fell sharply in extended trading.
02/02/2022
Saxo Bank launches new Money Matters campaign across the GCC
Series aimed at rapidly growing retail sector, where Saxo Bank has recorded an increase of over 150 per cent in new investors across the region in the past two years
01/28/2022
Aladin Bank turns to Google Cloud for Islamic banking tech innovation
Aladin Bank, an Islamic bank in Indonesia, has announced a “strategic collaboration” with Google Cloud.