Managers of Wealth Fintech

What Internet Penetration, Growth, and Usage Means for the Arab World

By 2020, the global average had surged to 59 percent, being vastly outdone by the Middle East’s 70.2 percent.

Nordic countries dominate European online banking take-up

Nordics dominate online banking take-up in Europe, but the UK is not far behind

Nigerian digital bank Carbon hit $240M in payments processed last year, up 89% from 2019

While Carbon has been hailed for transparency and openness, it remains to be seen if it’s a trend other African startups are willing to follow.

Banking on 5G: Talking ATMs, touchless tech on the cards

The new technology is expected to improve overall banking experience because of lower latency and higher speed.

TrueLayer Launches New Open Banking Based Payment Method

Built on open banking and the fastest available bank payment rails, it provides firms with instant payments and withdrawals, while accelerating KYC and AML processes, to deliver the most complete solution on the market.

Digital Cash Management Service Versa Launches Online Platform in Malaysia with Affin Hwang Asset Management

At present, there are two businesses that have been approved by the Malaysian SC to serve as an e-service platform.

Italian Banking Association Embraces Need For Speed For Future Of Real-Time Payments

These days that “stable and efficient growth” has a lot to do with real-time payments.

5G Might Ease and Develop Physical Banking Experience for Users

5G can facilitate a virtual bank manager and help you go ahead with the KYC process right at the ATM outlet

Central Bank of Bahrain : CBB announces launch of eKYC as part of digital transformation strategy (January 30th, 2021)

With the introduction of Open Banking in Bahrain, this also provides an opportunity for fintech companies to verify customers identities through their online and mobile applications.

The Certainties of Digital Banking

Businesspeople who do not have access to funds from overseas put the brakes on business development.

Now is the time to transform “ancient” payments industry, says accountant

We need a push towards digital wallet payments.

Versa launches digital cash management platform

Versa account holders have the autonomy to withdraw their funds at any moment without incurring any penalties.

Tech Giants Target Indonesia’s 83 Million Who Lack Bank Access

For Indonesia, the entry of tech giants presents an opportunity to reach more than 83 million people -- nearly a third of its population

CBA boosts tech spending to fend off fintech rivals

Mr Comyn made the comments following a presentation on technology that also included its executive general manager of everyday banking Kate Crous, managing director of X15 Ventures Toby Norton-Smith, and the local head of Klarna, Francine Ereira.

Fintech Albert raises $100m

American mobile banking, saving and investing app Albert has raised $100 million in a Series C funding round led by General Atlantic.

Internet use for business purposes increased by 10 per cent in 2020

Almost 90 per cent of enterprises operating in real estate, professional, administrative and other service activities reported having a website.

StashAway announces Assets under Management of US$1billion

In 2020 alone, the portfolio returns ranged from 24.1% to 5.2% for those same portfolios, and consistently outperform their same-risk benchmarks.

Why Kenya cannot afford to lag behind in 5G uptake

The suspension of the 5G roll-out could slow down uptake of the much anticipated fourth industrial revolution (4IR), such as artificial intelligence, cloud computing, robotics, 3D printing, the Internet of Things (IoT), and advanced wireless technologies.

Qualcomm’s chip market share plunges in China after Huawei sanctions; MediaTek takes No. 1 spot

The U.S. giant’s market share in China fell to 25.4% in 2020 versus 37.9% in 2019.

Open banking is helping to evolve the user experience

This growth was not necessarily achieved “despite the disruption caused by COVID-19” as the Open Banking Implementation Entity suggests, though the pandemic has undoubtedly created obstacles, but perhaps in part was achieved because of it.

Mobile Banking