Managers of Wealth Fintech

HSBC's business clients in UAE can now make 'virtual' card payments

UK bank says it's a regional first and comes with promise of enhanced security

Revolut makes virtual cards free for Irish customers amid Covid-19 ecommerce boom

The use of Revolut’s virtual cards was previously only available to its customers paying for its premium services.

European Banks Form Coalition to Boost Public Cloud Adoption in the Finance Industry

Vitally, an SD-WAN can also centralise security policy orchestration and automatically direct application traffic accordingly, allowing for rapidly-deployable, uniform security policy enforcement across the network.

Philippines: BSP releases Guidelines on the Establishment of Digital Banks

The Bangko Sentral ng Pilipinas issued Circular No. 1105, series of 2020, the Guidelines on the Establishment of Digital Banks. It took effect on 23 December 2020. The Circular considers digital bank as a distinct classification of bank and provides the f

Beijing to issue 10 million yuan online ‘red packets’ in a broader digital currency trial

Analysts said the trial will pave the way for the digital yuan's broader use and globalization.

International Development Bank in Iraq goes live on Path Solutions' iMAL*BL

This project is fundamental to IDB’s digital transformation strategy to improve customer experience

Barclays adds itemised digital receipts to its banking app in partnership with fintech Flux

Early last year, Barclays announced that it has invested in Flux, taking a minority stake, so the strengthening of its partnership isn’t too much of a surprise.

HMRC awards Open Banking contract to Ecospend

Under the new systems, payments will be sent directly from a payer’s bank account, using validated HMRC details to address the problems with fat finger errors.

CIBC adds insights to mobile app

Using AI and machine learning, CIBC Insights notifies clients of savings opportunities and unusual transactions, while providing guidance that can support better everyday spending decisions.

Singapore Fintech TranSwap Ventures to U.K.

TranSwap called the U.K. a «pivotal market» to accelerate the firm's next phase of expansion.

7 FinTech Trends to Keep an Eye on in 2021

While mobile banking apps are not new to the market, there is still room for innovative solutions that can serve customers in a more effective and efficient way.

BofA customers go digital during pandemic

Digital sales accounted for 42% of total consumer sales last year, up from 30% in 2019.

PayKey adds investments and loans to mobile keyboard

The company says this taps into the huge consumer demand for day trading, as seen by the recent GameStop-Reddit-Robinhood saga.

The one big thing missing from modern digital banking

These capabilities are now complemented by a powerful array of other online financial services, including savings, investments, mortgages, insurance, and account aggregation.

Digital banking tech startup Narmi raises $20.4m

Narmi’s mission is to offer the most seamless, thorough and open digital banking platform in the industry.

BisB posts big response to mobile corporate accounts

To ensure the highest level of security, the fully digitally automated service requires customers to sign up via face ID Selfie as an added level of authentication

TD Earns Top Spot in Canadian Digital Banking Reports

According to Comscore, in a report covering the timeframe of July - September 2020, TD experienced the largest growth in mobile visitors.

London fintech SumUp acquires Lithuanian fintech Paysolut

Becoming part of SumUp will help Paysolut expand its highly qualified team and offer a new level of quality products.

CBK gets bigger role on digital payment systems

“To mitigate against such threats, CBK is in the process of formulating a National Payments Strategy to address emerging risks and guide the payments ecosystem in Kenya,” he added.

Regulate mobile money, but don’t kill innovation

A National Payments Strategy will "address emerging risks and guide the payments in Kenya and ensure pricing practices are reflective of the overall stance on customer-centricity, affordability, and transparency."

Mobile Banking