12/10/2020
Xoom, a PayPal service, announces secure money transfers to mobile wallets in 12 countries in Africa
Helps reduce the cost of sending money to Africa
Mobile Banking
12/10/2020
South Africans turn to online services
The Internet has scaled seamlessly during the pandemic, enabling three quarters (75%) of those surveyed in South Africa to continue working and learning, compared with just under half (48%) globally.
12/10/2020
Emirates Islamic launches digital banking platform
As a leading Islamic bank in the UAE and a key supporter of the leadership’s vision to make the UAE a global hub for Islamic banking, Emirates Islamic’s businessONLINE responds to the urgent demand among regional businesses for anytime, anywhe
12/10/2020
TD announces new personalized app experience to empower digital customers
Bank using data and analytics and artificial intelligence in new ways as more customers adopt digital
12/09/2020
Under threat from digital challengers, Middle East banks revamp processing platforms
The momentum is aided by legislation mandating payment of salaries into accounts instead of cash, for example in the UAE, said Francesco Burelli, a partner at Hamburg-based Arkwright Consulting.
12/09/2020
Secure Trust Bank expands use of Open Banking
Moneyway has adopted Open Banking, instead of asking for customers to send in bank statements, allowing for huge improvements in its loan processing times.
12/09/2020
Over 200m new mobile banking users forecast in four APAC markets by 2023: report
The Philippines is expected to add 16 million users, to reach a total of 41 million, and is closely followed by Vietnam, which could add 14 million users, to reach 36 million.
12/08/2020
French digital payments company IDEMIA snaps up Saudi company
Saudi Arabia's Pcard is into card personalisation services
12/08/2020
Emirates NBD makes mobile banking app available on Huawei AppGallery
These features are further reinforced by the HUAWEI AppGallery, which provides a safe platform for finance apps through its full-cycle security and protection system.
12/08/2020
FCA backs new ‘digital giants’ regulation
If implemented, the new regime will govern the most powerful UK tech firms – those with ‘strategic market status’ (SMS).
12/07/2020
StanChart Explores Second Digital-Only Bank
This will give us the option to explore an additional banking license.
12/04/2020
Belgian banks enlist Auriga for shared ATM network
The infrastructure will run on a single software platform based on Auriga’s multivendor integrated ATM acquiring solution called Auriga WinWebServer.
12/04/2020
India's PhonePe to raise $700 million in partial spin-off from Flipkart
In the financing round, PhonePe is raising $$700 million in primary capital at a post-money valuation of USD $5.5 billion from existing Flipkart investors led by Walmart.
12/04/2020
Stripe makes banking-as-a-service play
Stripe says more functionality will come next year, in part thanks to a US partnership with Goldman Sachs.
12/03/2020
Goldman Sachs invests in digital banking tech vendor Amount
"Amount enables banks to navigate digital transformation through its modular and mobile-first platform for financial products."
12/03/2020
Online insurance sales: Is it enough?
Insurance companies have long begun to digitise their processes.
12/03/2020
Telkom launches WhatsApp payment service
They will then be able to message this contact and follow the prompts to enable Telkom Pay.
12/02/2020
Russian Banking Giant Sber Sheds Finance For Tech, Debuts Smart Display and Voice Assistant With Multiple Personalities
One element that does make the SberPortal and SberBox stand out is the Salute voice assistant supporting them.
12/02/2020
Quilter expands e-signature offering
The additional providers have been added based on the most popular requests from financial advisers.
12/01/2020
How COVID-19 is driving consumers and banks to embrace digital technology
Digital-first banks and even some of the biggest legacy banks that were early adopters of digital technologies experienced a less dramatic shift